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May 06, 2023Markets closed sideways but USD/CAD, EUR/CAD, EUR/AUD drop and make it on this unflattering list of yesterday's losing currencies.
What happened after yesterday's session ended? Markets completed a mixed session yesterday while USD/CHF ended the session at 0.8908 after a 0.59% gain. AUD/USD gained 0.84% and closed at 0.6751.
Current market events are being influenced by ambiguous macro data as data for United States Average Hourly Earnings published yesterday at 12:30 UTC came out at 0.5%, beating projections of 0.3% and showing improvement over the preceding figure of 0.3%.
While markets traded sideways yesterday, some currencies suffered significant losses. Here is the list of Top Losers from yesterday:
-1.19%: EUR/CAD lost 1.19% yesterday, ending at 1.473
EUR/CAD slid into the red after losing 176 pips and ending the session at 1.473.
Euro-Aussie dollar | Closed yesterday's session at 1.632
Having set a peak of 1.6707 around 10 days ago, Euro-Aussie dollar is now trading 1.52% below this level.
-1.25%: bearish sentiment sends US Dollar-Canadian Dollar 1.25% lower
US Dollar-Canadian Dollar slid into the red after losing 169 pips and ending the session at 1.337.
