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CURRENCIES

Commodity currencies at 10-month highs

Wednesday, April 20, 2016 - 05:50

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Commodity currencies such as the Australian and New Zealand dollars soared to 10-month highs against the US dollar, drawing support from oil prices which stabilised from a slide and underpinned broad risk sentiment in global markets.

London

COMMODITY currencies such as the Australian and New Zealand dollars soared to 10-month highs against the US dollar, drawing support from oil prices which stabilised from a slide and underpinned broad risk sentiment in global markets.

The Australian dollar rose to US$0.7803,

sentifi.com

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