The US dollar strengthened following the midterm election and the Federal Reserve's signal that it intends to continue gradually hiking interest rate. The Antipodean currencies have been the strongest over the past month and the past week. The New Zealand dollar gained 1.6% to lead the majors higher over the past week, which brings to a 4.3% gain over the past month. The Australian dollar was up about 0.6% for the week and 2% over the past month. Both central banks met, but neither signaled the likelihood of higher rates any time soon, and the clear divergence from the Fed may signal the end of their bounces. The ... (full story)