With the session well underway, markets are broadly higher while USD/CAD, USD/JPY, EUR/GBP are slipping. Here are the top losers:
Here is where today's session currently stands: the US dollar is getting stronger in comparison to other currencies — GBP/USD up to 1.2221, gaining 0.67%. EUR/USD up to 1.0625, gaining 0.34%.
Despite the markets climbing Friday, some currencies are currently down. Take a look at the Top Losers:
Dollar/Yen | Currently down 0.45% at 136.06
Dollar/Yen is now trading 8.94% away from its significant high of 150.1 first tested a month ago.
Is it the end of Euro-Pound's rally? After three days of gains, it is down by 0.35% today
Now turning against its recent performance, after closing at 0.8722 Friday, Euro-Pound opened today at 0.8704, to be greeted by bearish sentiment that overshadowing today's price action. Irrespective of the bearish mood, Euro-Pound retains a distinct 0.8689 to 0.8733 daily range.
-0.47%: weak sentiment sees US Dollar-Canadian Dollar posting 0.47% loss
US Dollar-Canadian Dollar is range-bound between 1.3626 and 1.37 today after shedding 63 pips and closing at 1.37 Friday.