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February 25, 2023
The Australian dollar is yesterday's top mover after declining 1.23%
Leading equity indices in the US declined as USD/CHF gained 0.91% and closed at 0.9412. GBP/USD closed at 1.194, a 0.65% change.
Today's price action is taking place amid mixed market indicators – United States New Home Sales (Jan) released yesterday at 15:00 UTC with a figure of 670,000, while the previous figure was 625,000.
Assets that recorded the greatest percentage change in relation to their peers are designated as "Top Movers" with 's most active currencies listed below.
Dollar/Yen | Up 1.37% to 136.49 yesterday
USD/JPY is on a 13 day bullish run gaining 362 pips (4.17%). Yesterday's session pointed in the same direction — Dollar/Yen spiked to 136.49, gaining 184 pips.
Yesterday's lacklustre market sentiment sees Aussie-Dollar drop 1.23%
Yesterday's session continued down the same path: Aussie-Dollar dipped as low as 0.6728 before recovering some lost ground. However, the rebound failed to push the stock to where it started the session (0.6807) with Aussie-Dollar closing the day at 0.6726.
Yesterday's lacklustre market sentiment sees the Kiwi drop 1.04%
Yesterday's session continued the recent downtrend: the Kiwi slid into the red after losing 65 pips and ending the session at 0.6164.
