JohnKicklighter

AUDNZD - A Commodity Driven Currency Like USDCAD?

Long
FX:AUDNZD   Dollar Australien/Dollar Néo-zélandais
5
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.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.