Dollar/Yen is marking a challenging day, drops 0.73%
Here is where today's session currently stands: compared to other currencies, the US dollar is stagnant — GBP/USD up 1.09%, trading at 1.2018. EUR/USD goes up 0.54%, trading at 1.0363.
Current market events are being influenced by ambiguous macro data as United States New Home Sales (Oct) came out at 632,000, while a consensus of analysts was expecting 570,000.
With markets currently trading sideways, some currencies are taking serious losses. Here is the list of top losers:
Dollar/Yen | Currently down 0.73% at 140.15
Having set a peak of 150.1 around a month ago, Dollar/Yen is now trading 5.95% below this level.
Dollar-Swiss | Currently down 0.61% at 0.9456
After closing at 0.9513 yesterday, Dollar-Swiss opened today at 0.951, to be greeted by bearish sentiment that overshadowing today's price action. Irrespective of the bearish mood, Dollar-Swiss retains a distinct 0.944 to 0.9533 daily range.
Euro-Pound | Currently down 0.53% at 0.8621
Having set a peak of 0.9785 around a month ago, Euro-Pound is now trading 11.43% below this level.