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April 07, 2023
Right now, the markets are still pointing down with GBP/NZD, EUR/NZD, GBP/USD dropping and making today's list of top losers.
Today's session is well on its way: the leading indices are dropping — USD/JPY up to 132.2, gaining 0.39%. USD/CAD up to 1.3515, gaining 0.23%.
On the flip side, highly important Unemployment Rate data from United States beat analyst expectations of 3.6 with a reading of 3.5.
In line with markets falling yesterday, some currencies are currently on the list of Top Losers. Take a look:
-0.2%: weak sentiment sees GBP/NZD posting 0.2% loss
GBP/NZD drops from 1.9917 to 1.9877, losing 40 pips (0.2%) today.
EUR/NZD | Currently down 0.21% at 1.7445
After hitting its highest point in 5 months at 1.7523, EUR/NZD dropped by 77 pips and is now trading at 1.7445. The past 3 months have been positive for EUR/NZD as it added 4.32% compared to its 3-month low of 1.575.
-0.14%: weak sentiment sees the Pound posting 0.14% loss
Similar trend today: after closing at 1.2437 yesterday, the British Pound opened today at 1.2443, to be greeted by bearish sentiment that overshadowing today's price action. Irrespective of the bearish mood, the British Pound retains a distinct 1.2392 to 1.2456 daily range.
