Markets closed sideways but EUR/NZD, USD/CHF, GBP/NZD drop and make it on this unflattering list of yesterday's losing currencies.
A review of what happened yesterday: markets did not have a clear cut direction — GBP/USD closed the day at 1.2698, having gained 0.69%. EUR/USD gained 0.39% and closed at 1.0911.
Current market events are being influenced by ambiguous macro data as United States Core PCE Price Index (YoY) (May) released yesterday at 12:30 UTC with a figure of 4.6, while the previous figure was 4.7.
While markets traded sideways yesterday, some currencies suffered significant losses. Here is the list of Top Losers from yesterday:
-0.43%: yesterday's lacklustre market sentiment sees Dollar-Swiss drop 0.43%
After a mostly steady day, USD/CHF lost 39 pips late into the session and closed at 0.8954.
-0.43%: yesterday's lacklustre market sentiment sees GBP/NZD drop 0.43%
After a mostly steady day, GBP/NZD lost 90 pips late into the session and closed at 2.0689.
-0.68%: yesterday's lacklustre market sentiment sees EUR/NZD drop 0.68%
Overall, EUR/NZD shed around 123 pips or 0.68% and ended yesterday's session at 1.7776.