Weak Commodities Keep Commodity Currencies Under Pressure

While the US market is closed on Martin Luther King day, the focus is on Asian and European markets. Equities in Asia weaken, catalyzed by the selloff of crude oil with both WTI and Brent contracts breaching US$30/bbl. Commodity currencies extend weakness with AUD, NZD and CAD losing as much as 5% against USD since the beginning of the year.

from Oil N' Gold Focus http://www.oilngold.com/ong-focus/insights/weak-commodities-keep-commodity-currencies-under-pressure-2016011832150/