Hadapan TembagaPanjang
AUD
Australian dollar looks like a buy relative to US dollar.
The Australian dollar the copper have a high correlation of movement between them. Copper has recently made new all time highs in US dollar terms.
The Australian dollar has not made a move yet versus the US dollar while many other commodities have made upwards moves. Australia is a natural resources rich continent with many commodities and it typically booms when commodity prices are high.
I think with a coming reevaluation of the US dollar, many people will reprice currencies of countries with a high concentration of commodities higher against the US dollar, essentially backing a country's currency with its commodities.
The Australian dollar the copper have a high correlation of movement between them. Copper has recently made new all time highs in US dollar terms.
The Australian dollar has not made a move yet versus the US dollar while many other commodities have made upwards moves. Australia is a natural resources rich continent with many commodities and it typically booms when commodity prices are high.
I think with a coming reevaluation of the US dollar, many people will reprice currencies of countries with a high concentration of commodities higher against the US dollar, essentially backing a country's currency with its commodities.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.