Most markets are higher this morning as risk-on sentiment dominates: EUR/USD, AUD/USD, EUR/CAD are showing impressive gains as we move into the afternoon trading session.
Markets are up including news that USD/CHF trades at 0.8957 after losing 0.84%. GBP/USD up to 1.2488, gaining 0.5%.
Uptick coincides with some positive signs published earlier as United States Crude Oil Inventories beat analyst expectations of -583,000 and the previous reading of -3.74 million with new data of 597,000.
Here are the biggest currencies gainers so far today.
EUR/CAD | +0.54% in mid-session
EUR/CAD rallied to 1.479, hitting its highest point in 4 weeks. It later lost 18 pips and is now trading at 1.4772. EUR/CAD is now trading 13.94% away from its significant low of 1.2895 first tested 7 months ago.
+0.71%: strong sentiment sees Euro-Dollar posting 0.71% gain
Tentatively higher from an earlier low of 1.0915, the Euro is up to 1.0995 today, adding 78 pips, or 0.71%, to yesterday's closing price of 1.0917.
The Australian dollar | +0.53% in mid-session
The Australian dollar has shed 3.76% over the past three months.