Archive for the 'Currency Market' Category

Forex Fundamentals: Event-Driven Trading Strategies and Commodity Currencies

Wednesday, November 25th, 2009

In the foreign exchange market there are three currency pairs that are commonly referred to as the “commodity currencies,” which are the USD/CAD, AUD/USD and the NZD/USD. The reason for this nickname is that the economies of Canada, Australia, and New Zealand are largely based on their commodity markets (such as oil, timber, and agriculture) [...]