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 in comparison to other currencies — USD/JPY trades at 146.63 after losing 2.35%. USD/CAD slipping 0.56% and closing at 1.3687.
At the same time, United States Existing Home Sales (Sep) released yesterday at 14:00 UTC with a figure of 4.71 million, while the previous figure was 4.78 million.
Yesterday was a satisfactory day for markets, some currencies are continuing this streak today. Take a look at our top gainers.
Aussie-Dollar | +1.23% in mid-session
Having set a significant low of 0.6213 5 days ago, Aussie-Dollar is trading 1.06% higher.
Euro-Dollar | +0.59% in mid-session
Euro-Dollar goes up to 0.9844, having dipped down to 0.9705 earlier.
The New-Zealand Dollar | +1.13% in mid-session
The Kiwi is on a 5 day uptrend, gaining a total of 3.16%. Consistent for now — the Kiwi goes up to 0.5743 after dipping down to 0.56 earlier.