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April 07, 2023
The Kiwi leading the pack after gaining 0.22%
Markets are mixed with GBP/USD trades sideways at 1.2448. EUR/USD is relatively flat, trades at 1.0919.
Today's muted price action is occurring amid mixed market indicators – United States Initial Jobless Claims released earlier showed a marked improvement to 228,000 from the preceding data of 246,000, but fell short of the 200,000 figure forecast by a consensus of market analysts.
Assets that recorded the greatest percentage change in relation to their peers are designated as "Top Movers" with the most active currencies listed below.
Bullish currency pair the Kiwi runs out of steam at 0.6264; currently at 0.6261
After closing at 0.6246 yesterday, NZD/USD began today at 0.6244 with significant bullish sentiment driving NZD/USD's price action higher. So far today, price action has drawn out a distinct 0.6243 to 0.6264 range.
Weak sentiment sees EUR/NZD posting 0.25% loss
EUR/NZD is grinding lower from 1.7482 to 1.7439, shedding 43 pips (0.25%) today.
GBP/NZD | Currently down 0.19% at 1.988
GBP/NZD has gained 5.52% since its lowest print of 1.88 earlier this year.
