August 26, 2016. The AUD is the strongest. The CHF is the weakest.
I will start not with the traditional % Change of the Major Currency pairs but the Ranges and Changes graphs.
Why?
Today is close to being closed, so strong and weak is really not that important.
The ranges today for the major currency pair peak at 51 pips for the GBPUSD. The next highest low to high trading range is 35 pips. The USDJPY has a 20 pip trading range. That ain't a lot. The cross currency pairs are not that much better with the GBJPJPY at 64 pips (the average is about 180.
Now, chair Yellen speaks later today but so many eyes have high expectations that it might be more of a disappointment. Liquidity conditions are a big unknown. Traders be aware. The Fed also seems to have a bunch of different ideas going on which just muddies the water even more. Bullard is talking about being agnostic on rates. Williams says one thing one day, another thing another day. Fed's George wants rates up to 3% in a couple years. HMMMM. For a great review CLICK HERE.
Anyway below are the snap shot of the strongest and weakest currency pairs. The strongest (AUD) and the weakest (CHF) can change by virtue of a few pip change. Then again, it has been hard to move the needle that much all day.
GDP revision at 8:30 AM with Advanced goods trade balance and wholesale inventories. Yellen at 10 with Univ of Michigan.
