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  • 5 World Currencies That Are Closely Tied To Commodities

    From forbes.com

    This year, commodity prices have been under pressure from a strong U.S. dollar and trade war fears. This has made a huge dent in the balance sheet of many net exporters of resources, in turn weakening their currencies. However, commodities could be on the rebound and are flashing a massive buy signal. This should come as a shock to no one, but what most people don’t realize is just how closely some currencies track certain commodities. I have shared several charts that show this correlation over the years at numerous industry conferences. Attendees were always astounded when I got to these slides – and we’re ... (full story)

this is the worst article ever !!!!!!!!!!!!!
Totally pointless, no point of view >>>>>>???????
@"This year, commodity prices have been under pressure from a strong U.S. dollar and trade war fears"

- there is just one major correlation: it's between the Dollar and commodities, especially Gold and Silver that are controlled by the FED and prices are manipulated to prevent the dollar of falling lower. This can be seen very clear on the charts since February 2018 and after beginning of the "trade war". BTW - the FED and it's central-bank partners from Australia, Japan, UK and EU are steadily devaluing their currencies to help support a weak dollar from falling lower. The Dollar is the strongest selling "product" for the Fed globally and this is why they need to keep it look stronger!
Quoting lioslim
this is the worst article ever !!!!!!!!!!!!! Totally pointless, no point of view >>>>>>???????
I could take you seriously if your post had an ounce of grammar in it.
Gone to a better place
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  • Posted: Sep 6, 2018 12:01am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 3  /  Views: 3,212