A challenging day: Euro-Aussie dollar falls, loses 0.31%
As the trading session gets underway, markets are mixed with USD/JPY goes up 0.19%, trading at 148.27. GBP/USD slipping 0.13% and closing at 1.1458.
Current market events are being influenced by ambiguous macro data as United States Consumer Confidence published yesterday at 14:00 UTC came out at 102.5, falling short of the 106.5 projections and continuing its decline from the previous 107.8 figure.
With markets currently trading sideways, some currencies are taking serious losses. Here is the list of top losers:
Euro-Aussie dollar | -0.31% to start today's session
EUR/AUD is grinding lower from 1.5607 to 1.5558, shedding 49 pips (0.31%) today.
Sterling-Canadian dollar | -0.24% to start today's session
While Sterling-Canadian dollar is in the midst of a 4 day up trend Bucking the trend and turning lower, Sterling-Canadian dollar drops from 1.5627 to 1.559, losing 37 pips (0.24%) today.
The New-Zealand Dollar | -0.11% to start today's session
The Kiwi weakened earlier in the day, before moving away from its 0.5726 low and recovering back to 0.5744.