GBP/NZD leading the pack after gaining 0.44%
Markets don't have a clear cut direction — USD/CAD up to 1.3487, gaining 0.22%. USD/CHF up to 0.9071, gaining 0.12%.
Today's muted price action is occurring amid mixed market indicators – United States Crude Oil Inventories released earlier showed a marked improvement to -3.74 million from the preceding data of -7.49 million, but fell short of the -2.33 million 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.
Bullish currency pair GBP/NZD runs out of steam at 1.982; currently at 1.98
GBP/NZD trades at 1.98 after gaining 85 pips (0.44%).
The Kiwi | -0.54% in mid-session
After hitting its highest point in 7 weeks at 0.6371, NZD/USD dropped by 86 pips and is now trading at 0.6285. After setting a supportive marker at 0.5566 around 5 months ago, the Kiwi is now trading 13.53% above this level.
Aussie-Dollar | Currently down 0.52% at 0.669
In the last 3 days, the Australian dollar has lost a total of 1.4% of its value. Similar trend today: Aussie-Dollar drops from 0.6725 to 0.669, losing 35 pips (0.52%) today.