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Forex pairs in this Article » AUD/USD, NZD/USD, USD/CAD (Córdoba) - Currencies linked to commodities such as the Aussie, the Kiwi and the Loonie, are trimming early losses against the big Dollar as risk aversion receded, with stocks advancing in Wall Street while gold and oil are inching higher.

AUD/USD is extending a corrective move from 1.0476, where it bottomed out earlier establishing a fresh 3-week low, having erased losses for around 80 pips during the NY session. The Aussie marked a session high at 1.0566 before easing to the 1.0550 zone. The pair is still 0.24% below its opening price.

USD/CAD that reached a 3-month high at 0.9897, has dropped over 70 pips since the Wall Street opening, retreating to the 0.9820 zone before finding some support. At time of writing, USD/CAD is quoting at the 0.9835 zone, where it prints a 0.47% gain on the day.

NZD/USD has also rebounded from its 3-week low at 0.7971, regaining the 0.8000 mark to currently consolidate around 0.8025, posting the second daily loss in a row, this time for 0.47%.
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