Currency Note Worldwide

Antipodean anticipation

By Ricky Bean December 31st, 2015

We saw the Australian and New Zealand dollars trading narrowly, as expected, yesterday, as there was no data released from either country. However, we did see the commodity linked currencies pick up some ground and strengthen against their major currency rivals, following the rise in oil prices over the last 24 hours.

The Private Sector Credit data for Australia will be released today, which could create some movement in the market.

Contact your trader today if you’re looking to buy or sell currencies, to see how these currency movements may affect you and to plan an appropriate strategy.