Outlook for Commodity Currencies
January 20th, 2010 admin
I was on CNBC Australia last night talking about the outlook for the forex market and how I am HOT on Commodity Currencies
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I was on CNBC Squawk Box Australia last night talking about the outlook for the Japanese Yen as well as the European currencies:
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I was on CNBC Squawk Box Asia last night talking about all things Asia including the outlook for Japanese Yen, Korean Won and Chinese Yuan. Here is the clip if you missed the segment
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In 2009, so-called commodity currencies – both individually and as a group – registered record-breaking gains. The Brazilian Real and the South African Rand finished up more than 30%, while the Australian and New Zealand Dollars finished up about 25% each, and the Canadian Dollar not far behind. While the outlook for 2010 is slightly...
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The Chinese announcement rocks the markets at the beginning of the week. Commodity currencies are enjoying risk appetite, while European currencies are only experiencing small gains against the dollar. Updates about the breakouts in the loonie, Aussie and kiwi. While there are still doubts about the depth of the Chinese move, the yuan already began...
The Greek crisis is unwinding slowly – too slow for the Euro. But far away from Europe, a sigh of relief is heard: The Australian, New Zealand and Canadian dollar are advancing nicely. Eventually there will be a solution to the long Greek crisis . It can be with German help, IMF funds or some other kind of solution. And maybe it will take...
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