EUR/CAD making a dent, losing 1.09%
Today's session is well on its way: markets are mixed with USD/CAD drawing back 0.65% to 1.336. EUR/USD trades at 1.0692 after losing 0.48%.
Current market events are being influenced by ambiguous macro data as United States Initial Jobless Claims published yesterday at 13:30 UTC came out at 196,000, falling short of the 190,000 projections and continuing its decline from the previous 183,000 figure.
With markets currently trading sideways, some currencies are taking serious losses. Here is the list of top losers:
Sterling-Canadian dollar | -0.75% in mid-session
Sterling-Canadian dollar is now trading 11.14% away from its significant low of 1.4665 first tested 4 months ago.
EUR/CAD | Currently down 1.09% at 1.4282
Late into the session, EUR/CAD loses 157 pips (1.09%), currently trading at 1.4282.
Euro-Yen | Currently down 0.85% at 139.96
After ending yesterday at 139.96 and losing 120 pips, it now trades below the 140 level for the first time in 3 weeks and a half. Having set a peak of 147.48 around 3 months ago, Euro-Yen is now trading 4.28% below this level.