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June 13, 2023
Euro-Dollar is leading the way, gaining 0.32%
The leading indices are showing gains — GBP/USD up to 1.2538, gaining 0.18%. USD/JPY trades at 139.4 after losing 0.12%.
Today's price action is taking place amid mixed market indicators – United States Federal Budget Balance (May) came out at -240 billion, while a consensus of analysts was expecting -236 billion.
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 Euro | +0.32% in mid-session
EUR/USD is on a 5 day bullish run gaining 66 pips (0.941%). As the session continues, it seems to maintain one direction — tentatively higher from an earlier low of 1.076, Euro-Dollar is up to 1.0795 today, adding 34 pips, or 0.32%, to yesterday's closing price of 1.0761.
EUR/CAD | +0.34% in mid-session
EUR/CAD trades at 1.4427 after gaining 48 pips (0.34%).
Weak sentiment sees Dollar-Swiss posting 0.28% loss
Bucking the trend and turning lower, after closing at 0.9085 yesterday, Dollar-Swiss opened today at 0.9087, to be greeted by bearish sentiment that overshadowing today's price action. Irrespective of the bearish mood, Dollar-Swiss retains a distinct 0.9057 to 0.9089 daily range.
