Sterling-Dollar down: loses 0.37%
In today's trading session, markets are mixed with AUD/USD up to 0.6282, gaining 0.24%. USD/CHF holds at 1.0051.
Current market events are being influenced by ambiguous macro data as following a previous reading of 9.88 million, Crude Oil Inventories in United States released yesterday at 14:30 UTC fell short of the 1.38 million figure expected by analysts with an actual reading of -1.73 million.
With markets currently trading sideways, some currencies are taking serious losses. Here is the list of top losers:
Sterling-Canadian dollar | Currently down 0.43% at 1.537
Sterling-Canadian dollar has been losing ground for 5 days, shedding a total of 1.4% of its value. More of the same today: slightly weaker but mostly flat: Sterling-Canadian dollar is currently trading at 1.537 as it maintains an active range between 1.5366 and 1.5474.
GBP/NZD | Currently down 0.39% at 1.9715
While on a 4 day downtrend, dropping a total of 2.24%, More of the same today: after ending yesterday at 1.9793, today GBP/NZD went up to 1.991 before paring back gains and settling around 1.9715.
The Pound | Currently down 0.37% at 1.1175
In the last 3 days, the British Pound has lost a total of 1.64% of its value. Similar trend today: slightly weaker but mostly flat: Sterling-Dollar is currently trading at 1.1175 as it maintains an active range between 1.1171 and 1.1241.