Euro-Aussie dollar is marking a challenging day, goes down 0.4%
In today's trading session, markets are mixed with AUD/USD goes up 0.41%, trading at 0.6734. USD/CHF trades sideways at 0.9424.
Current market events are being influenced by ambiguous macro data as United States ISM Non-Manufacturing PMI (Nov) released yesterday at 15:00 UTC with a figure of 56.5, while the previous figure was 54.4.
With markets currently trading sideways, some currencies are taking serious losses. Here is the list of top losers:
USD/SGD | -0.11% in mid-session
After 3 days of level trading, Today's session suggests a further slowdown — USD/SGD recovering almost all the way back to 1.3565 today, after dipping down to 1.3538.
Euro-Aussie dollar | Currently down 0.4% at 1.559
Euro-Aussie dollar is now trading 9.54% away from its significant low of 1.4289 first tested 3 months ago.
EUR/NZD | Currently down 0.14% at 1.6576
EUR/NZD is on a 3 day uptrend — Now turning against its recent performance, EUR/NZD weakened earlier in the day, before moving away from its 1.6526 low and recovering back to 1.6576.