The entire commodity complex has now embarked on the next cyclical bear market within the context of its long term secular bear. Once the next recession arrives this trend should accelerate. The decline we have seen so far is just the beginning of this trend.
Read More »These 5 Currencies Track the Price of Copper, Iron Ore and/or Crude Oil
Most people don’t realize is just how closely some currencies track certain commodities - specifically oil, copper and iron ore. Below are 5 world currencies that...[have significant correlation to such commodity prices].
Read More »These 5 Currencies Closely Track Specific Commodities
For more than a year now, commodity prices have been under pressure from the strong U.S. dollar and slowing global demand. This has made a huge dent in the balance sheet of many net exporters of resources, in turn weakening their currencies. What most people don’t realize, however, is just how closely some currencies track certain commodities. Below are five world currencies that have been impacted by lower commodity prices.
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