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May 10, 2023
Dollar/Yen is today's top mover after declining 0.66%
Markets are up as AUD/USD up to 0.6781, gaining 0.25%. EUR/USD goes up 0.15%, trading at 1.0983.
Today's price action is taking place amid mixed market indicators – data for United States Crude Oil Inventories published today at 14:30 UTC came out at 2.95 million, beating projections of -917,000 and showing improvement over the preceding figure of -1.28 million.
“Top Movers” are assets that recorded the highest percentage change compared to their nearest peers. The currently most active currencies are listed below.
Dollar/Yen set for weak finish today; down 0.66% to 134.29 with a hour before close
Late into the session, USD/JPY loses 89 pips (0.66%), currently trading at 134.29.
Pound-Yen | Currently down 0.6% at 169.55
Struggling to find upward momentum, Pound-Yen has shed 103 pips to currently trade at 169.55 as it ranges between 169.08 and 171.18 so far today.
Euro-Yen down 74 pips, closing at 147.49, for its 7th straight negative day
Similar trend today: after closing at 148.24 yesterday, Euro-Yen opened today at 147.5, to be greeted by bearish sentiment that overshadowing today's price action. Irrespective of the bearish mood, Euro-Yen retains a distinct 147.03 to 148.67 daily range.
