Aussie-Dollar is marking a challenging day, slips 0.27%
Today's session is well on its way: the US dollar is stagnant in comparison to other currencies — USD/JPY up to 136.78, gaining 0.17%. USD/CHF goes up 0.15%, trading at 0.9355.
With markets currently trading sideways, some currencies are taking serious losses. Here is the list of top losers:
Sterling-Canadian dollar | Currently down 0.14% at 1.6705
After setting a supportive marker at 1.4665 around 2 months ago, Sterling-Canadian dollar is now trading 14.07% higher.
The Kiwi | -0.26% in mid-session
During a 5 day uptrend, the New-Zealand Dollar gained a total of 103 pips, or 1.37%. Now turning against its recent performance, the New-Zealand Dollar drops from 0.6416 to 0.64, losing 16 pips (0.26%) today.
The Australian dollar | Currently down 0.27% at 0.678
While the Australian dollar is on a 5 day uptrend Bucking the trend and turning lower, Aussie-Dollar is range-bound between 0.6759 and 0.6802 today after shedding 20 pips and closing at 0.68 Friday.