Despite the markets being mostly flat towards the end of today's trading session, GBP/CAD, GBP/JPY, USD/CAD have end the day as top gainers.
Markets don't have a clear cut direction — USD/JPY up to 134.75, gaining 0.5%. USD/CHF up to 0.8978, gaining 0.17%.
Current market events are being influenced by ambiguous macro data as Crude Oil Inventories in United States fell short of market expectations (-1 million) with a reading of -4.58 million, continuing the decline from the previous figure of 597,000.
Pound-Yen | +0.6%; session high: 167.97 session low: 166.46
GBP/JPY is on a 10 day uptrend, gaining a total of 2.55%. Heading in the same direction for now — tentatively higher from an earlier low of 166.46, Pound-Yen is up to 167.6 today, adding 100 pips, or 0.6%, to yesterday's closing price of 166.6.
+0.65%: Sterling-Canadian dollar set for strong finish today; up 0.65% to 1.6747
Sterling-Canadian dollar spikes to 1.6747, climbing by 108 pips.
+0.55%: kicking off the session at 1.339, US Dollar-Canadian Dollar currency pair peaks at 1.3457
Today's session so far looks to be heading in the same direction — US Dollar-Canadian Dollar trades at 1.3463 after gaining 73 pips (0.55%).