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May 12, 2023The Kiwi is today's top mover after declining 1.88%
The leading indices are dropping — USD/JPY goes up 0.86%, trading at 135.68. AUD/USD slipping 0.99% and closing at 0.6637.
Today's price action is taking place amid mixed market indicators – United States Producer Price Index released earlier showed a marked improvement to 0.2% from the preceding data of -0.4%, but fell short of the 0.3% figure forecast by a consensus of market analysts.
“Top Movers” are assets that recorded the highest percentage change compared to their nearest peers. The currently most active currencies are listed below.
GBP/NZD currency pair adds 274 pips or 1.38%
GBP/NZD has rallied 274 pips, or 1.38%, to now stand at 2.0128.
EUR/NZD | +1.3% in mid-session
EUR/NZD trades at 1.7547 after gaining 224 pips (1.3%).
Weak sentiment sees the New-Zealand Dollar posting 1.88% loss
NZD/USD is sharply lower after losing 116 pips, declining as low as 0.6183.
