AUD NZD CAD....The most traded commodity based currencies. We all know the story of carry trade on these currencies. However, can the prices of these underlying currencies remain this high when comparing to historical prices? It is apparent that United Kingdom and USA are doing very well in their respective economy. AUD Feds are trying to talk it down, NZD Fed are trying to make it go up, CAD Fed has no clue what to do. What is most important is the fact that the biggest economy in the world USA is in full recovery mode. That means that by default, economies of other worlds should do well as the result of it. Does that mean these commodity based currencies in theory should do well as the world economies are improving?? The question remains, does US interest rate raise choke the economies of the world or is it good that USA is raising since that would mean economy is doing well. Like to hear the best traders thoughts on this.