Commodity currencies continue to gang up on the buck as the recession becomes shallower and commodities pick up as more global growth and demand starts to pick back up.
Also, investors are betting on inflation coming in the future and are positioning themselves ahead of time. To do that in currencies, there’s no better picks than these commodity currencies vs. the buck. It’s a “double whammy”.
Sunday, May 9, 2010
Commodity dollars rising!
Posted by Syed Amjad Shah at 2:34 AM
Labels: Commodity dollars rising
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