Against the current: Markets are down, yet USD/JPY, EUR/AUD, USD/SGD go up and make this list of top gainers.
The US dollar is losing strength against a basket of currencies — AUD/USD trades at 0.6776 after losing 1.32%. GBP/USD drawing back 0.74% to 1.2337.
Meanwhile, United States Interest Rate came out at 4.5, while a consensus of analysts was expecting 4.5.
Though markets had an unsatisfactory day yesterday, some currencies manage to recover and make it to the list of top gainers. Take a look.
Dollar/Yen | +0.87% in mid-session
Tentatively higher from an earlier low of 135.21, USD/JPY is up to 136.6 today, adding 118 pips, or 0.87%, to yesterday's closing price of 135.41.
USD/SGD | +0.71% in mid-session
USD/SGD trades at 1.3548 after gaining 95 pips (0.71%).
Euro-Aussie dollar | +0.74% in mid-session
Tentatively higher from an earlier low of 1.5538, Euro-Aussie dollar is up to 1.5676 today, adding 114 pips, or 0.74%, to yesterday's closing price of 1.5561.