Australia, N.Z. Dollars Climb as Commodities Rise on Greek Vote

The Australian and New Zealand dollars rose versus the majority of their 16 most-traded peers as Greece approved an austerity plan to help head off the euro region’s first sovereign-debt default, boosting risk appetite.

The South Pacific currencies gained for a second day against the U.S. dollar as the Thomson Reuters/Jefferies CRB Index of raw materials climbed 1.4 percent to 339.03, the highest level in two weeks. The MSCI World Index of stocks increased 1.5 percent.