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JohnKicklighter
8 ott 2015 18:20

AUDNZD - A Commodity Driven Currency Like USDCAD? Long

Australian Dollar/New Zealand DollarFXCM

Descrizione

We know the USDCAD-Oil correlation. It seems to be a favorite for those that track cross asset relationships, and the fundamental link makes sense. However, here is one that you may not consider: AUDNZD. Both are commodity currencies, but one is known for 'hard' and the other 'soft' commodities. So, I overlaid the exchange rate with a Gold-Live Cattle comparison. Long-term relationship remarkably strong.
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treksis
Wants to see dailfx weekly recap in this week-end... today's minutes' price action was confusing...
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