The Asian trading session was very positive, where most of the major Asian currencies were trading with an upside trend, despite Australia's GDP news.

The Australian economy expanded at half the pace that economists forecasted last quarter as a housing construction slump slowed growth, sending the currency to a six-week low.

Aussie the world's fifth-most traded currency fell after the report to as low as $1.0520, the weakest level since January 25, where it reached the highest level at $1.0571, and lowest at $1.0507.

Moving to the Japanese currency, the USD/JPY pair unexpectedly and slightly advanced, as it is currently trading around 80.92, yet it recorded its highest at 80.94 and lowest at 80.56.

Moving to the NZD/USD pair, which is advancing, the pair is currently trading around 0.8144 after it reached the highest at 0.8154 and lowest at 0.8114.

Heading to Europe, Switzerland will release February's unemployment rate along with Germany'sfactory orders.