Australian and New Zealand Dollars Extend Gains as US Election Fuels Risk Rally
The Australian and New Zealand dollars rose as a Democratic sweep in the US midterm elections lifted equities and weakened the US dollar, offsetting domestic headwinds.
The Australian and New Zealand dollars extended gains on Thursday as a Democratic Party sweep in the US midterm elections fuelled a rally in equities and a broad retreat in the greenback, offsetting domestic headwinds.The Aussie dollar FX:AUDUSD edged up 0.2% to $0.7019 after rallying 0.6% overnigh…