22.07.2015 - Commodity currencies: Who's the ugliest of them all?
The dollars of New Zealand, Australia and Canada are among the worst-performing major currencies this year and all face further losses, but the land of Hobbits may offer the best short. Known as the Kiwi, Aussie, and Loonie, respectively, all three have tumbled to six-year lows in recent sessions, with year-to-date losses of 10-15 percent. "Despite the fact that they have already fallen a long way, we expect them to weaken further," said Capital Economists in a recent note...............................................Full Article: Source
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