Kaeppel's Corner

Jay Kaeppel

8-24-2021 at 12:05 pm

Watch Aussie Dollar for Important Clue Regarding Commodities

There is a relatively high correlation between the Australian Dollar and a basket of commodities taken together as an asset class. As a result, tracking the trend of the Aussies dollar can offer a useful clue regarding the overall trend of commodity prices. In this piece, we spell out the relationship and a simple way to track it.

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