Antipodeans offered a place to park over holidays – BBH
|By FXStreet FXStreet (Guatemala) – The US dollar firmed against nearly all the major currencies in the last week of 2015.
Key Quotes:
“The exceptions were the Antipodean currencies and the Japanese yen. The relatively high short-term yields offered Australia, and New Zealand may have attracted some hot flows looking park over the turn. The yen’s gains were all scored on New Year’s Eve in thin turnover, as equity markets and US yields slipped lower.”
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Source:: FX Street