Most markets are higher this morning as risk-on sentiment dominates: AUD/USD, NZD/USD, GBP/USD are showing impressive gains as we move into the afternoon trading session.
The leading indices are pointing up — USD/CHF slipping 0.22% and closing at 0.9397. USD/JPY drawing back 0.2% to 136.45.
Uptick coincides with some positive signs published earlier as highly important Initial Jobless Claims data from United States beat analyst expectations of 195,000 with a reading of 190,000.
Here are the biggest currencies gainers so far today.
+0.15%: kicking off the session at 0.6212, the New-Zealand Dollar currency pair peaks at 0.6278
This session seems to remain in the same lane for now — after closing at 0.6221 yesterday, the New-Zealand Dollar began today at 0.6212 with significant bullish sentiment driving the New-Zealand Dollar's price action higher. So far today, price action has drawn out a distinct 0.6169 to 0.6278 range.
+0.32%: Sterling-Dollar currency pair adds 38 pips or 0.32%
Today's positive session could indicate a brief correction amid a broader downtrend, or, the start of a potential reversal. Sterling-Dollar is on a bit of a rollercoaster today: spiking to 1.2088 only to drop back to 1.1943, now rallying again to 1.1982.
Aussie-Dollar | +0.34% in mid-session
After setting a supportive marker at 0.6213 around 4 months ago, the Australian dollar is now trading 8.36% higher.