The New-Zealand Dollar is leading the way, gaining 1.53%
The leading indices are showing gains — USD/CHF slipping 0.91% and closing at 0.8875. USD/CAD drawing back 0.73% to 1.3343.
Today's price action is taking place amid mixed market indicators – United States Producer Price Index published today at 12:30 UTC came out at -0.5%, falling short of the 0.1% projections and continuing its decline from the previous 0% figure.
Assets that recorded the greatest percentage change in relation to their peers are designated as "Top Movers" with the most active currencies listed below.
The New-Zealand Dollar | +1.53% in mid-session
After closing yesterday at 0.6217, NZD/USD trades at 0.6312 today after making its biggest single-day jump of 95 pips (1.53%) since Mar 13. As things stand, the Kiwi is 11.69% away from a significant low of 0.5566 first set 6 months ago.
The Australian dollar | +1.39% in mid-session
Maintaining its 3 days rise (+56 pips), Heading in the same direction for now — tentatively higher from an earlier low of 0.665, Aussie-Dollar is up to 0.679 today, adding 92 pips, or 1.39%, to yesterday's closing price of 0.6697.
Weak sentiment sees GBP/NZD posting 1.08% loss
Late into the session, GBP/NZD loses 217 pips (1.08%), currently trading at 1.9848.