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May 18, 2023Markets are down at the start of today's session, GBP/NZD, AUD/USD, EUR/NZD make this list of poorly performing currencies
As the trading session gets underway, the leading indices are falling — GBP/USD drawing back 0.14% to 1.2472. USD/JPY is relatively flat, trades at 137.6.
On the flip side, highly important Crude Oil Inventories data from United States beat analyst expectations of -920,000 with a reading of 5 million.
In line with markets falling yesterday, some currencies are currently on the list of Top Losers. Take a look:
Losing streak continues: GBP/NZD down 49 pips to 1.9943 adding to its four days of losses
Similar trend today: GBP/NZD slides down from 1.9993 to 1.9943 today, losing 49 pips (0.25%).
EUR/NZD | -0.16% to start today's session
Having set a peak of 1.8041 around 22 days ago, EUR/NZD is now trading 3.83% below this level.
-0.29%: tough start for Aussie-Dollar this morning following 0.29% decline; now at 0.6645
More of the same today: Aussie-Dollar weakened earlier in the day, before moving away from its 0.6634 low and recovering back to 0.6645.
