the term, Commodity Dollars for the AUD & that they....

Discussion in 'Financial Futures' started by increasenow, Aug 15, 2008.

  1. the term, Commodity Dollars for the AUD & that..they....track Oil and Gold...anyone ever hear this term? it in an article today...please chime in...
  2. Daal


    they are commodity producer countries. the exporters get paid in dollars and tend to buy the home currency with their revenues. this tends to appreciate them, so commodity prices tend to correlate with commodity 'currencies'
  3. thanks...great post..I am so bearish the
  4. Daal


    tell me what the central bank and the CRB index will do then I will tell you what the aud will do
  5. the European Central bank?...huh?...