Most markets are higher this morning as risk-on sentiment dominates: NZD/USD, AUD/USD, EUR/USD 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 drawing back 0.37% to 141.58. USD/CAD trades at 1.3418 after losing 0.25%.
Meanwhile, United States 5-Year Note Auction released yesterday at 18:00 UTC with a figure of 3.974, while the previous figure was 4.192.
Yesterday was a satisfactory day for markets, some currencies are continuing this streak today. Take a look at our top gainers.
The Kiwi | +0.52% in mid-session
Small gain for the New-Zealand Dollar at 0.6133 after ranging between 0.6098 and 0.6145 today.
Euro-Dollar | +0.24% in mid-session
Although on a downtrend for 5 days, Today's positive session could indicate a brief correction amid a broader downtrend, or, the start of a potential reversal. Small gain for the Euro at 1.0269 after ranging between 1.0244 and 1.0282 today.
Aussie-Dollar | +0.25% in mid-session
Although on a downtrend for 6 days, Today's positive session could indicate a brief correction amid a broader downtrend, or, the start of a potential reversal. Aussie-Dollar posts light gains on a low-volatility day, ranging between 0.6605 – 0.6636 and is now at 0.6628.