Most markets are higher this morning as risk-on sentiment dominates: AUD/USD, GBP/USD, GBP/CAD are showing impressive gains as we move into the afternoon trading session.
Markets are up including news that USD/JPY trades at 136.35 after losing 0.67%. USD/CHF slipping 0.26% and closing at 0.9386.
Today's rise takes place amid mixed market indicators — following a previous reading of 1.17 million, Crude Oil Inventories in United States released yesterday at 15:30 UTC fell short of the 395,000 figure expected by analysts with an actual reading of -1.69 million.
Here are the biggest currencies gainers so far today.
Sterling-Canadian dollar | +0.29% in mid-session
Tentatively higher from an earlier low of 1.6325, GBP/CAD is up to 1.6381 today, adding 46 pips, or 0.29%, to yesterday's closing price of 1.6334.
+0.31%: the British Pound currency pair adds 36 pips or 0.31%
Small gain for the British Pound at 1.1877 after ranging between 1.1833 and 1.1873 today.
+0.39%: Aussie-Dollar currency pair posts 0.39% gain
Today's positive session could indicate a brief correction amid a broader downtrend, or, the start of a potential reversal. After ending the previous trading day at 0.6593, the Australian dollar went up to 0.662 only to drop back; still positive overall today, now trading at 0.6619.