Despite range-bound trade, EUR/NZD slides 0.72% as worst performing company among currencies
As the trading day draws to a close, GBP/USD goes up 0.58%, trading at 1.2567. USD/CAD drawing back 0.33% to 1.3547. EUR/USD trades at 1.1018 after losing 0.11%.
This limbo state is reflected by market data published as United States Core PCE Price Index (MoM) (Mar) released today at 12:30 UTC with a figure of 0.3, while the previous figure was 0.3.
With markets currently trading sideways, some currencies are taking serious losses. Here is the list of top losers:
-0.41%: weak sentiment sees EUR/CAD posting 0.41% loss
Trading lower, EUR/CAD is currently down 60 pips as it ranges between 1.4907 and 1.5031 so far today.
-0.72%: EUR/NZD set for weak finish today; down 0.72% to 1.7805 with 36 minutes before close
EUR/NZD is grinding lower from 1.7933 to 1.7805, shedding 128 pips (0.72%) today.
-0.63%: weak sentiment sees Euro-Pound posting 0.63% loss
Euro-Pound is sharply lower after losing 55 pips, declining as low as 0.8766.