Despite the risk-on mood, USD/SGD, USD/CAD, GBP/NZD are going against the grain and declining. Here are the biggest losers so far this session:
As the trading session gets underway, the US dollar is getting stronger in comparison to other currencies — EUR/USD up 0.17%, trading at 1.043. AUD/USD up to 0.678, gaining 0.2%.
Despite the markets climbing yesterday, some currencies are currently down. Take a look at the Top Losers.
USD/SGD | -0.33% to start today's session
While on a 4 day slump, falling a total of 0.749%, Similar trend today: struggling to find upward momentum, USD/SGD has shed 45 pips to currently trade at 1.371 as it ranges between 1.3704 and 1.3769 so far today.
GBP/NZD | -0.11% to start today's session
While trading sideways for 5 days, Today's session suggests a further slowdown — slightly weaker but mostly flat: GBP/NZD is currently trading at 1.9324 as it maintains an active range between 1.9311 and 1.9369.
US Dollar-Canadian Dollar | -0.11% to start today's session
In the last 4 days, US Dollar-Canadian Dollar has lost a total of 0.937% of its value. Similar trend today: slightly weaker but mostly flat: US Dollar-Canadian Dollar is currently trading at 1.3319 as it maintains an active range between 1.3315 and 1.335.