Currency Note Worldwide

Commodity backed currencies gain against sterling

By Callum Holmes October 2nd, 2014

  • Wednesday saw the Canadian dollar continue its uninspiring start to the week as it was held close to six-month lows against its US counterpart. Positive data released from the US showed that the country’s private sector contributed more jobs than was initially anticipated last month. The official report stated the U.S private sector added 213,000 jobs last month, 13,000 more than expected.
  • Overnight the commodity backed currencies all gained against sterling boosted by slightly better than expected data out of China

Are you looking to buy or sell currencies? Contact your trader now for live rates, news and currency purchasing strategies.