Risk-on sentiment helps entire watchlist portfolio into the black
The leading indices are pointing up — USD/CAD trades sideways at 1.3327. USD/JPY trades at 132.44 with no major change.
Today's price action is taking place amid mixed market indicators – highly important Producer Price Index data from United States beat analyst expectations of 0.1% with a reading of -0.5%.
Assets that recorded the greatest percentage change in relation to their peers are designated as "Top Movers" with the most active currencies listed below.
The New-Zealand Dollar | +0.17% to start today's session
As things stand, the New-Zealand Dollar is 13.16% away from a significant low of 0.5566 first set 6 months ago.
Bullish currency pair USD/SGD runs out of steam at 1.3336; currently at 1.325
Tentatively higher from an earlier low of 1.32, USD/SGD is up to 1.325 today, adding 28 pips, or 0.21%, to yesterday's closing price of 1.3222.
Euro-Dollar | +0.15% to start today's session
The Euro continues a 4 day surge, reaping a total of 1.87%. Today's session so far looks to be heading in the same direction — tentatively higher from an earlier low of 1.105, the Euro is up to 1.1066 today, adding 17 pips, or 0.15%, to yesterday's closing price of 1.1049.