Published by Zeb BhamThe Australian dollar could rally in today's (March 9th) session as foreign exchange traders react to a raft of firm economic data.Earlier this morning, Australia and New Zealand Banking Group released figures showing a 19.1 per cent rise in job advertisements last month, while National Australia Bank showed business confidence at a four-month high last month."The latest survey indicates at least a partial bounce back in both confidence and conditions," NAB group chief economist Alan Oster said.Meanwhile, Warren Hogan, chief economist at ANZ Bank in Sydney, told Bloomberg that employment should continue to improve through the first half of 2010.Firmer economic data may encourage traders to adjust their forex risk management strategies to capitalise on potential gains in the Australian dollar. The Aussie, as the currency is known in trading circles, has lost ground to other commodity-linked currencies such as the Canadian dollar in recent sessions, with the latter benefiting from stronger oil prices and the recovering strength of the US economy.For more information on foreign exchange treasury services and risk management, visit our Corporate FX site