Excerpt from:  GFT News
.
December 31, 2007

Down Under Currencies Have a Banner Year in Forex Trading

Aussie, kiwi gain in currency trading
A wild year that has seen commodity prices increase, as well as rapidly expanding economies, is backing down under currencies in forex trading.

The Aussie and the kiwi are both closing out the year strong in currency trading on the FX market. A wild year that has seen commodity prices increase, as well as rapidly expanding economies, is backing down under currencies in forex trading. Bloomberg reports on the performances of the Aussie and the kiwi in currency trading:

``They're well up on the year and it's all about yield,'' said Alex Sinton, senior currency dealer at ANZ National Bank Ltd. in Auckland. ``That's what's kept them supported.''

Bookmark and Share
Topic Tags:  Aussie currency trading, commodity prices, currency trading, down under currencies, down under currencies forex trading, forex trading, FX market, kiwi currency trading

Syndication OptionsRSS (Rich Site Summary) Feed Atom Feed OPML (Outline Processor Language) Feed MYST-ML (MyST Markup Language) Content Feed MS-Office Smart Tag Subscription