Weekly Review and Outlook: Commodity Currencies Soared in New Year, Dollar Consolidations Continued
Jan 09, 2010 in Grow Financially, Investment Protection, Opportunities
Australia dollar and Canadian dollar shined last week on strong rally in commodities and strength in global stocks. Dollar was lower following dovish FOMC minutes as well as disappointing job report. Rally in crude oil and rebound in gold also put some pressure on the greenback. But after all, the…