The Kiwi gains 0.35%, putting it at the top of this list of currencies gainers.
Markets don't have a clear cut direction — GBP/USD trades sideways at 1.2621. USD/CHF holds at 0.8984.
This limbo state is reflected by published market data as Pending Home Sales in United States fell short of market expectations (-0.5%) with a reading of -2.7%, continuing the decline from the previous figure of -0.4%.
+0.12%: kicking off the session at 182.6, Pound-Yen currency pair peaks at 183.76
Today's positive session could indicate a brief correction amid a broader downtrend, or, the start of a potential reversal. Pound-Yen trades at 182.72 after gaining 21 pips (0.12%).
+0.35%: bullish currency pair the Kiwi runs out of steam at 0.62; currently at 0.609
Today's positive session could indicate a brief correction amid a broader downtrend, or, the start of a potential reversal. The Kiwi posts light gains on a low-volatility day, ranging between 0.6053 – 0.62 and is now at 0.609.
+0.18%: the Australian dollar currency pair posts 0.18% gain
Today's positive session could indicate a brief correction amid a broader downtrend, or, the start of a potential reversal. Marginally higher but lacking a clear-cut direction, the Australian dollar is trading at 0.663 after ranging between 0.6597 and 0.6723 today.