There is notable strength in the commodity currencies

These so-called 'commodity' currencies are in fact Nzd and Aud, amongst others
The reason that they are called so is because they usually indicate overall market bullishness
and/or recovery, and are a sign that traders are willing to invest
in more risky trades (i.e. Nzd, Aud, and Gold, Silver and Oil)

We see today that Nzd has broken above 0.70 for the first time in a long while,
and Aud is stronger too
Oil is up, and Gold is recovering from lows -- market seems bullish, so it's buy time!

gl all
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