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June 15, 2023A bad day for the Kiwi, losing 0.49%
Here is where today's session currently stands: markets are mixed with USD/JPY goes up 0.69%, trading at 140.94. EUR/USD up 0.41%, trading at 1.0879.
Current market events are being influenced by ambiguous macro data as United States Retail Sales released today at 12:30 UTC is better than expected at 0.3% but down from preceding data of 0.4% according to new data.
With markets currently trading sideways, some currencies are taking serious losses. Here is the list of top losers:
-0.13%: weak sentiment sees Dollar-Swiss posting 0.13% loss
More of the same today: after ending yesterday at 0.9006, today USD/CHF went up to 0.906 before paring back gains and settling around 0.8995.
The Kiwi | Currently down 0.49% at 0.6176
The Kiwi is on a 6 day uptrend — Bucking the trend and turning lower, the New-Zealand Dollar is range-bound between 0.6145 and 0.6237 today after shedding 30 pips and closing at 0.6206 yesterday.
