Excerpt from:  GFT Analysts in the News
.
June 25, 2008

Down Under Currencies Remain Strong in FX Trading

Currency trading on the FX market
Down under currencies -- the Australian dollar and the New Zealand dollar -- are doing well in FX trading on the currency market this morning.

Thanks to their yield advantage over the US dollar, and assumption that they will maintain it for a little longer yet, down under currencies are strengthening. Commodity prices are also helping the Aussie and the kiwi in currency trading on the FX market.
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Topic Tags:  Aussie, Aussie FX market, currency trading, down under currencies, FX market, FX trading, kwiw, yield advantage

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