Right now, the markets are still pointing down with GBP/USD, EUR/USD, AUD/USD dropping and making today's list of top losers.
Today's session is well on its way: the US dollar is losing strength against a basket of currencies — USD/JPY up to 140.78, gaining 0.32%. USD/CHF up to 0.9571, gaining 0.26%.
In line with markets falling Friday, some currencies are currently on the list of top losers. Take a look.
The British Pound | Currently down 0.71% at 1.1812
While on a 4 day downtrend, dropping a total of 0.863%, Similar trend today: Sterling-Dollar drops from 1.1896 to 1.1812, losing 84 pips (0.71%) today.
Euro-Dollar | -0.53% in mid-session
Euro-Dollar has been losing ground for 4 days, shedding a total of 1.23% of its value. Similar trend today: Euro-Dollar slides down from 1.032 to 1.0265 today, losing 55 pips (0.53%).
The Australian dollar | Currently down 0.48% at 0.6642
While on a 5 day slump, falling a total of 1.71%, Similar trend today: the Australian dollar is grinding lower from 0.6674 to 0.6642, shedding 31 pips (0.48%) today.