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May 18, 2023Markets are mostly pointing down as we head into the end of today's session, but Dollar-Swiss gains 0.71% to top this list of the 3 biggest gainers at the moment.
The leading indices are slipping — USD/JPY up to 138.62, gaining 0.79%. EUR/USD drawing back 0.63% to 1.0777.
Amid the market gloom, United States Existing Home Sales (Apr) came out at 4.28 million, while a consensus of analysts was expecting 4.3 million.
Markets are falling this session, but some currencies are registering gains. Take a look at today's positive market movers.
Dollar-Swiss | +0.71%; session high: 0.9063 session low: 0.8973
Having closed yesterday at 0.8984, Dollar-Swiss increases to 0.9 (meaning it is currently trading at 0.9048). Dollar-Swiss is now trading 1.72% away from its significant low of 0.8832 first tested 15 days ago.
USD/SGD | +0.44%; session high: 1.349 session low: 1.3408
USD/SGD reached 1.349, breaking a 2 months record. Later, it lost 14 pips and is now trading at 1.3476. As things stand, USD/SGD is 6.69% away from a significant high of 1.4379, first set 7 months ago.
+0.34%: kicking off the session at 1.3502, US Dollar-Canadian Dollar currency pair peaks at 1.3524
Today's positive session could indicate a brief correction amid a broader downtrend, or, the start of a potential reversal. Tentatively higher from an earlier low of 1.3447, US Dollar-Canadian Dollar is up to 1.3497 today, adding 45 pips, or 0.34%, to yesterday's closing price of 1.3452.
