When the commodity bough breaks

… down will come the commodity currencies.

But remember, if your commodity currency play is based solely on your view of the commodity prices, it may be better to trade the commodities directly. A short gold/usd position pays out interest, whereas short NZD/USD, AUD/USD positions are deeply carry negative.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s