The Kiwi making a dent, losing 1.02%
Today's session is well on its way: compared to other currencies, the US dollar is stagnant — EUR/USD slipping 0.59% and closing at 1.0018. USD/JPY up 0.49%, trading at 146.41.
Current market events are being influenced by ambiguous macro data as United States API Weekly Crude Oil Stock released yesterday at 21:30 UTC with a figure of 5.62 million, while the previous figure was -6.53 million.
With markets currently trading sideways, some currencies are taking serious losses. Here is the list of top losers:
The Australian dollar | Currently down 0.72% at 0.645
After closing at 0.6497 yesterday, AUD/USD opened today at 0.6497, to be greeted by bearish sentiment that overshadowing today's price action. Irrespective of the bearish mood, AUD/USD retains a distinct 0.6448 to 0.6522 daily range.
Sterling-Dollar | Currently down 1.34% at 1.1387
Late into the session, the Pound loses 154 pips (1.34%), currently trading at 1.1387.
The Kiwi | -1.02% in mid-session
After a mostly steady day, the New-Zealand Dollar loses 60 pips late into the session, trading at 0.5888.