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March 08, 2023Pound-Yen leading the pack after gaining 0.37%
Markets are mixed with USD/CHF up to 0.9424, gaining 0.1%. EUR/USD drawing back 0.1% to 1.0541.
Today's muted price action is occurring amid mixed market indicators – United States API Weekly Crude Oil Stock released yesterday at 21:30 UTC with a figure of -3.83 million, while the previous figure was 6.20 million.
“Top Movers” are assets that recorded the highest percentage change compared to their nearest peers. The currently most active currencies are listed below.
Pound-Yen | +0.37% in mid-session
Pound-Yen is now trading 12.15% away from its significant low of 144.6 first tested 4 months ago.
Kicking off the session at 137.07, Dollar/Yen currency pair peaks at 137.91
Dollar/Yen got off to a strong start by gaining 44 pips (+0.33%), only to run out of steam later in the session around 137.91. Currently, Dollar/Yen is trading around the 137.54 level.
Euro-Aussie dollar | -0.25% in mid-session
During a 12 day uptrend, Euro-Aussie dollar gained a total of 546 pips, or 3.28%. Bucking the trend and turning lower, Euro-Aussie dollar is grinding lower from 1.601 to 1.597, shedding 39 pips (0.25%) today.
