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July 04, 2023
The Kiwi is leading the way, gaining 0.7%
Markets are currently flat. GBP/USD up 0.31%, trading at 1.273. USD/CAD drawing back 0.24% to 1.3213.
Today's muted price action is occurring amid mixed market indicators – United States ISM Manufacturing PMI (Jun) came out at 46, while a consensus of analysts was expecting 47.2.
“Top Movers” are assets that recorded the highest percentage change compared to their nearest peers. The currently most active currencies are listed below.
The New-Zealand Dollar | +0.7% in mid-session
The Kiwi is now trading 5.32% away from its significant high of 0.65 first tested 5 months ago.
Weak sentiment sees EUR/NZD posting 0.8% loss
Similar trend today: EUR/NZD drops from 1.7729 to 1.7587, losing 142 pips (0.8%) today.
Weak sentiment sees Euro-Pound posting 0.43% loss
More of the same today: Euro-Pound is grinding lower from 0.8598 to 0.8561, shedding 36 pips (0.43%) today.
