Canadian Dollar vs British Pound, Australian Dollar and New Zealand Dollar, 18 February 2010

Canadian Dollar vs British Pound, Australian Dollar and New Zealand Dollar: The British Pound has found technical support at 1.6450 today. Positive employment data released during the UK session helped the Pound sustain its current level. The Australian Dollar has stepped higher to 0.9425 as the Aussie becomes one of the major benefactors of higher risk tolerance in the market. The New Zealand Dollar followed the lead of the AUD higher to 0.7375. A break of 0.7400 would signal further strength for the Kiwi in the short term.