Commodities Reshape Geopolitics and Currency Order
A Reuters report indicates that the increasing influence of commodities is leading to a significant shift in global geopolitics and the established hierarchy of international currencies.
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As commodities reshape geopolitics, currency pecking order gets a reset - Reuters
As commodities reshape geopolitics, currency pecking order gets a reset Reuters
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The war in the Middle East is the latest reminder of how commodities are reshaping the geopolitical landscape, leaving currencies from Norway, Canada, Australia, and New Zealand well placed to outperform larger rivals. These commodity currencies — so called due to their close correlation to the fortunes of their countries’ main export commodities — include two of the best performers among 10 developed market economies: the Norwegian crown and Australian, or Aussie, dollar. Both are up over 7 ...
By none@none.com (Reuters)
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