The Australian dollar rose against its US counterpart on Wednesday, despite the release of weaker than expected retail sales figures; this was 0.3% in March, but experts had expected a gain of 0.4%, after a much higher gain the previous month.
The Canadian dollar also made some mid-week gains, capitalizing on the poor data realised from the US; this meant the USD/CAD rate hit 1.989 on Wednesday.
Are you looking to buy or sell currencies? Contact your trader now for live rates, news and currency purchasing strategies.