Aussie-Dollar down: loses 0.35%
In today's trading session, markets are mixed with USD/CAD up to 1.3358, gaining 0.32%. GBP/USD up to 1.2259, gaining 0.25%.
This limbo state is reflected by market data published as data for United States Initial Jobless Claims published yesterday at 13:30 UTC came out at 183,000, beating projections of 200,000 and showing improvement over the preceding figure of 186,000.
With markets currently trading sideways, some currencies are taking serious losses. Here is the list of top losers:
Dollar/Yen | -0.2% in mid-session
While on a 4 day downtrend, dropping a total of 1.6%, Similar trend today: slightly weaker but mostly flat: Dollar/Yen is currently trading at 128.35 as it maintains an active range between 128.3 and 128.82.
Euro-Yen | -0.03% in mid-session
Having set a peak of 147.48 around 3 months ago, Euro-Yen is now trading 4.86% below this level.
Aussie-Dollar | Currently down 0.35% at 0.7057
This year has been a bright one for Aussie-Dollar after trading as low as 0.6213 and going on to appreciate by 4.23% year to date.