GBP/NZD down: loses 0.13%
Here is where today's session currently stands: compared to other currencies, the US dollar is stagnant — AUD/USD up 0.14%, trading at 0.712. USD/CAD up to 1.3392, gaining 0.1%.
This limbo state is reflected by market data published as highly important Crude Oil Inventories data from United States beat analyst expectations of 971,000 with a reading of 533,000.
With markets currently trading sideways, some currencies are taking serious losses. Here is the list of top losers:
-0.13%: weak sentiment sees Dollar/Yen posting 0.13% loss
Similar trend today: Dollar/Yen drops from 129.51 to 129.34, losing 16 pips (0.13%) today.
Euro-Aussie dollar down 19 pips reaching 1.5337, for its 4th straight negative day
More of the same today: struggling to find upward momentum, Euro-Aussie dollar has shed 19 pips to currently trade at 1.5337 as it ranges between 1.531 and 1.5381 so far today.
-0.13%: weak sentiment sees GBP/NZD posting 0.13% loss
Struggling to find upward momentum, GBP/NZD has shed 25 pips to currently trade at 1.9105 as it ranges between 1.9083 and 1.9159 so far today.