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June 06, 2023The Australian dollar having a good day, gaining 0.81%
Markets are mixed with USD/CAD slipping 0.3% and closing at 1.34. USD/CHF up to 0.9075, gaining 0.2%.
Today's muted price action is occurring amid mixed market indicators – United States ISM Non-Manufacturing PMI (May) came out at 50.3, while a consensus of analysts was expecting 51.8.
“Top Movers” are assets that recorded the highest percentage change compared to their nearest peers. The currently most active currencies are listed below.
Bullish currency pair the Australian dollar runs out of steam at 0.6685; currently at 0.6675
Today's session so far looks to be heading in the same direction — the Australian dollar has rallied 53 pips, or 0.81%, to now stand at 0.6675.
Euro-Aussie dollar | Currently down 1% at 1.6023
EUR/AUD fell to a new low at 1.6007 today, its lowest value in 2 months; yesterday ended at 1.6185. Having set a peak of 1.6707 around a month ago, Euro-Aussie dollar is now trading 3.12% below this level.
EUR/CAD | -0.44% in mid-session
In the last 8 days, EUR/CAD has lost a total of 2% of its value. Similar trend today: EUR/CAD slides down from 1.4395 to 1.4332 today, losing 62 pips (0.44%).
