Most markets are higher this morning as risk-on sentiment dominates: GBP/NZD, EUR/NZD, GBP/JPY are showing impressive gains as we move into the afternoon trading session.
Markets are up including news that GBP/USD up to 1.2251, gaining 0.63%. EUR/USD goes up 0.46%, trading at 1.072.
Here are the biggest currencies gainers so far today.
+0.54%: bullish currency pair Pound-Yen runs out of steam at 162.18; currently at 161.41
Today's positive session could indicate a brief correction amid a broader downtrend, or, the start of a potential reversal. After closing the previous trading day at 160.54, Pound-Yen is up to 161.41, which makes for a move of 0.54%/86 pips today.
+0.83%: kicking off the session at 1.9428, GBP/NZD currency pair peaks at 1.9591
Heading in the same direction for now — after closing the previous trading day at 1.942, GBP/NZD is up to 1.9582, which makes for a move of 0.83%/161 pips today.
EUR/NZD | +0.74% in mid-session