USD/SGD is marking a challenging day, falls 0.36%
Here is where today's session currently stands: markets are currently flat. EUR/USD up 0.62%, trading at 1.1045. GBP/USD goes up 0.43%, trading at 1.2464.
This limbo state is reflected by market data published as highly important Crude Oil Inventories data from United States beat analyst expectations of -1.49 million with a reading of -5 million.
With markets currently trading sideways, some currencies are taking serious losses. Here is the list of top losers:
-0.31%: weak sentiment sees Dollar/Yen posting 0.31% loss
Similar trend today: Dollar/Yen is grinding lower from 133.72 to 133.3, shedding 41 pips (0.31%) today.
-0.36%: weak sentiment sees USD/SGD posting 0.36% loss
USD/SGD crashes after losing 48 pips, breaking down to 1.3337.
-0.33%: weak sentiment sees Aussie-Dollar posting 0.33% loss
More of the same today: Aussie-Dollar drops 21 pips early on and steadies around the 0.6609 level.