Most markets are higher this morning as risk-on sentiment dominates: NZD/USD, GBP/USD, GBP/CAD are showing impressive gains as we move into the afternoon trading session.
The US dollar is getting stronger against a basket of currencies — USD/JPY trades at 139.84 after losing 0.29%. AUD/USD up to 0.6713, gaining 0.31%.
At the same time, United States Philadelphia Fed Manufacturing Index (Nov) released yesterday at 13:30 UTC with a figure of -19.4, while the previous figure was -8.7.
Yesterday was a satisfactory day for markets, some currencies are continuing this streak today. Take a look at our top gainers.
Sterling-Canadian dollar | +0.36% in mid-session
Sterling-Canadian dollar is on a 9 day bullish run gaining 459 pips (3.37%). Heading in the same direction for now — small gain for Sterling-Canadian dollar at 1.5869 after ranging between 1.5791 and 1.5876 today.
The Kiwi | +0.78% in mid-session
The Kiwi displays further gains following a recent trend of 8 days and 249 pips. Consistent for now — the New-Zealand Dollar trades at 0.6177 after gaining 48 pips (0.78%).
The Pound | +0.4% in mid-session
Tentatively higher from an earlier low of 1.1857, Sterling-Dollar is up to 1.1914 today, adding 47 pips, or 0.4%, to yesterday's closing price of 1.1866.