Colossal Mergers and Acquisitions One Perspective on Happiness

Commodity Correlation to Exchange Rates

Commodity price shifts will not affect all nations, or their currencies, in the same manner. After all, nations with moderate supplies of a commodity will not have their currency affected as greatly by price shifts as nations who have little to no supply of their own. In the same vein, for example, nations who have vast oil supplies and who therefore have a significant portion of their economies tied to crude prices will see strong correlations between commodity prices and their currency exchange rate.