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June 10, 2023Markets closed sideways but EUR/NZD, EUR/AUD, EUR/GBP drop and make it on this unflattering list of yesterday's losing currencies.
Following yesterday's session, markets completed a mixed session yesterday while USD/CHF ended the session at 0.9033 after a 0.49% gain. USD/JPY closed the day at 139.38, having gained 0.34%.
Current market events are being influenced by ambiguous macro data as United States CFTC Crude Oil speculative net positions released yesterday at 20:30 UTC with a figure of 172,400, while the previous figure was 162,600.
While markets traded sideways yesterday, some currencies suffered significant losses. Here is the list of Top Losers from yesterday:
Euro-Aussie dollar | Closed down 0.71% at 1.5942 yesterday
Euro-Aussie dollar lost 114 pips and now trades below the 1.6 level for the first time in 3 months. Having set a peak of 1.6707 around a month ago, Euro-Aussie dollar is now trading 3.9% below this level.
EUR/NZD | Closed down 0.86% at 1.7537 yesterday
EUR/NZD slid into the red after losing 152 pips and ending the session at 1.7537.
Losing streak continues: Euro-Pound down 0.47%, closes at 0.8545, making it the 4th consecutive day of losses
Yesterday's session suggests a further slow down: Euro-Pound slid down from 0.8586 to 0.8545, taking a 40 pips loss (0.47%)
