16.07.2014 - Action Is In Commodities, Not Currencies
Currencies moved in a narrow range yesterday. Within the USD moved only 0.1% or more against four G10 currencies, falling vs CAD and rising vs NZD, JPY and GBP. Commodities were more volatile. Gold and silver, which fell in late European trading Monday, failed to register any bounce, while corn, wheat and several other agricultural commodities fell further. Traders looking for volatility might want to look at those markets, although as prices there are determined largely by the weather and my training is in economics, I have little insight to share about them...............................................Full Article: Source
Print