not long ago, the diagnosis for the above currencies are that they should be heading lower against usd.
recent events propel the currencies to quite some loft against usd - aud/usd 1.084, nzd/usd 0.838, usd/cad 0.994.
the extension of low interest rates by the fed to 2014 end, recent further QE by the bank of england, ecb recent LTRO assistance to the banks and possibly another round of LTRO at end feb are all favoring more risks taking at commodities currencies.
without any black swan [like greece default], stock markets and currencies [against usd] will only edge higher.
my earlier forecast on the currencies still hold, only that they are delayed further with higher rates against usd likely.
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