With the session well underway, markets are broadly higher while GBP/NZD, EUR/NZD, USD/SGD are slipping. Here are the top losers:
In today's trading session, the US dollar is getting stronger against a basket of currencies — AUD/USD goes up 0.39%, trading at 0.6715. EUR/USD up to 1.0352, gaining 0.17%.
Uptick coincides with some positive signs published earlier as United States Consumer Confidence released yesterday at 15:00 UTC is better than expected at 100.2 but down from preceding data of 102.2 according to new data.
Despite the markets climbing yesterday, some currencies are currently down. Take a look at the Top Losers.
USD/SGD | -0.23% in mid-session
USD/SGD is grinding lower from 1.3745 to 1.3713, shedding 32 pips (0.23%) today.
GBP/NZD | Currently down 0.43% at 1.92
While on a 3 day downtrend, dropping a total of 0.97%, More of the same today: after a mostly steady day, GBP/NZD loses 83 pips late into the session, trading at 1.92.
EUR/NZD | -0.29% in mid-session
Having set a peak of 1.7482 around a month ago, EUR/NZD is now trading 4.72% below this level.