Against the current: Markets slid, yet USD/SGD, EUR/AUD, USD/JPY went up and made this list of yesterday's top currencies gainers.
Leading equity indices in the US declined as AUD/USD lost 1.22% and ended the session at 0.6678. EUR/USD shed 0.57% and closed at 1.0896.
Amid the market gloom, United States Services PMI came out at 54.1, while a consensus of analysts was expecting 54.
Despite markets falling yesterday, some currencies managed to post gains. Have a look at these Top Gainers.
+0.42%: bullish sentiment helps propel Dollar/Yen to 0.42% gain
It was more of the same for Dollar/Yen yesterday — USD/JPY rallied 59 pips (0.42%) deep into the session, reaching 143.67.
USD/SGD | Closed +0.59% at 1.3524
USD/SGD made its largest single-day jump of 79 pips (0.59%) since May 18 and closed at 1.3524. Having set a peak of 1.4379 around 8 months ago, USD/SGD is now trading 6.5% below this level.
Euro-Aussie dollar is growing its five-day winning streak by closing at 1.6318, gaining 104 pips.
Yesterday's session pointed in the same direction — bullish sentiment helped Euro-Aussie dollar to push 104 pips higher, reaching session highs around 1.6338, before consolidating until close. Ultimately, Euro-Aussie dollar closed yesterday at 1.6318.