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

Euro-Aussie dollar having a good day, gaining 0.97%

Markets don't have a clear cut direction — EUR/USD up to 1.105, gaining 0.67%. GBP/USD up to 1.2481, gaining 0.56%.

Today's muted price action is occurring amid mixed market indicators – highly important Crude Oil Inventories data from United States beat analyst expectations of -1.49 million with a reading of -5 million.

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

Euro-Aussie dollar | +0.97% in mid-session

EUR/AUD reached 1.6786, breaking a 2 years record. Later, it lost 72 pips and is now trading at 1.6714. Euro-Aussie dollar now trading 7.76% above its 3-month low of 1.4289.

EUR/NZD | +0.92% in mid-session

EUR/NZD rallied to 1.8081, hitting its highest point in 2 years. It later lost 48 pips and is now trading at 1.8033. Having set a peak of 1.7907 around 3 days ago, EUR/NZD is now trading 0.22% below this level.

GBP/NZD currency pair adds 155 pips or 0.77%

Tentatively higher from an earlier low of 2.0176, GBP/NZD is up to 2.0369 today, adding 155 pips, or 0.77%, to yesterday's closing price of 2.0213.