09.10.2012 - Commodity weakness doesn't have to hit currencies
When investors aren't worrying about euro-zone survival, employment growth in the U.S., what Israel may be planning for Iran or what Iran may be planning for the Strait of Hormuz, they worry about the end of the commodity boom. As realization slowly dawns that even China isn't insatiable, and that slowing old economies eventually mean slowing new economies too, the currencies that benefited most from rising commodity prices attract ever more jaundiced scrutiny. Every week another 'is the game up for the Australian dollar?' piece appears, with metronomic regularity, from one analyst's cloister or another...............................................Full Article: Source
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