LIVE market update: 3 currencies are on track to extend early moves

Risk-on sentiment helps entire watchlist portfolio into the black

The leading indices are showing gains — EUR/USD up to 1.0974, gaining 0.4%. USD/CHF slipping 0.25% and closing at 0.8963.

Today's price action is taking place amid mixed market indicators – United States TIC Net Long-Term Transactions (Feb) released yesterday at 20:00 UTC with a figure of 71 billion, while the previous figure was 31.9 billion.

“Top Movers” are assets that recorded the highest percentage change compared to their nearest peers. The currently most active currencies are listed below.

Bullish currency pair Aussie-Dollar runs out of steam at 0.6742; currently at 0.674

Today's positive session could indicate a brief correction amid a broader downtrend, or, the start of a potential reversal. The Australian dollar trades at 0.674 after gaining 35 pips (0.53%).

The Pound | +0.46% in mid-session

Having set a significant low of 1.0181 6 months ago, the Pound is trading 21.58% higher.

The New-Zealand Dollar currency pair adds 27 pips or 0.45%

Today's positive session could indicate a brief correction amid a broader downtrend, or, the start of a potential reversal. The Kiwi trades at 0.6213 after gaining 27 pips (0.45%).