Sterling-Canadian dollar is leading the way, gaining 1.03%
The US dollar is sluggish against other currencies — GBP/USD up to 1.1936, gaining 0.59%. USD/CAD goes up 0.45%, trading at 1.3384.
Today's muted price action is occurring amid mixed market indicators – United States Existing Home Sales (Oct) released today at 15:00 UTC with a figure of 4.43 million, while the previous figure was 4.71 million.
“Top Movers” are assets that recorded the highest percentage change compared to their nearest peers. The currently most active currencies are listed below.
Sterling-Canadian dollar | +1.03% in mid-session
GBP/CAD displays further gains following a recent trend of 9 days and 459 pips. As the session continues, it seems to maintain one direction — tentatively higher from an earlier low of 1.5791, Sterling-Canadian dollar is up to 1.5974 today, adding 163 pips, or 1.03%, to yesterday's closing price of 1.5811.
The Kiwi | +0.7% in mid-session
The New-Zealand Dollar is on an 8 day uptrend, gaining a total of 4.97%. Today's session so far looks to be heading in the same direction — tentatively higher from an earlier low of 0.6125, the New-Zealand Dollar is up to 0.6172 today, adding 42 pips, or 0.7%, to yesterday's closing price of 0.6129.
EUR/NZD | Currently down 0.66% at 1.6795
As things stand, EUR/NZD is 3.29% away from a significant high of 1.7482, first set a month ago.