The New Zealand Dollar, Australian Dollar and the Canadian Dollar, rebounded against the mighty greenback thanks to a recovery in commodity prices.
Traders did not have much to key off of today, but the next 24 hours could prove to be much more eventful, with Australia releasing their service sector PMI figure which is anticipated to decline, as high interest rats would likely result in falling business demand. New Zealand is set to release the ANZ Commodity prices, which should increase as demand for soft commodities continue to rise. Although Canada has no releases tomorrow, investors are eagerly anticipating for the end of the week, when some major market moving data are set to release, starting with the unemployment rate and ending with Ivey Purchasing Managers Index.
