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March 03, 2023
The Kiwi gains 0.59%, putting it at the top of this list of currencies gainers.
Markets are mixed with EUR/USD trades sideways at 1.06. USD/CHF holds at 0.9418.
Current market events are being influenced by ambiguous macro data as data for United States Initial Jobless Claims published yesterday at 13:30 UTC came out at 190,000, beating projections of 195,000 and showing improvement over the preceding figure of 192,000.
Weak sentiment sees the Kiwi posting 0.59% loss
Bucking the trend and turning lower, the New-Zealand Dollar is down to 0.622, after ending yesterday at 0.6257. Overall, a 0.59% loss or 37 pips today.
The British Pound | +0.07% to start today's session
Although on a downtrend for 4 days, Today's positive session could indicate a brief correction amid a broader downtrend, or, the start of a potential reversal. After closing the previous trading day at 1.1943, the Pound is up to 1.1951, which makes for a move of 0.07%/8 pips today.
Aussie-Dollar | +0% to start today's session
Having set a significant low of 0.6213 4 months ago, the Australian dollar is trading 8.36% higher.
