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Commodities Briefing - Categorized | Currencies more

Commodity currencies wobble on cycle fears

Posted on 23 April 2013

What goes up must come down: currencies of commodity exporting nations have taken a hit along with commodity prices on concerns that the commodities “supercycle” may be over.
Worries about slowing economic growth, especially in China, have sent raw material prices into decline over the past week. Gold suffered its worst two-day drop in 30 years, falling to the lowest level since January 2011, while Brent crude oil dipped below $100 for the first time in nine months………………………………………..Full Article: Source


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