Commodity Currencies

In this crazy trading world some Currencies are known as commodity Currencies, as they depend heavily on the export of certain raw materials for income. In simple words a commodity currency is a currency whose country’s exports are largely comprised of raw materials (Precious Metals, Oil, agriculture, etc.). Today the most active traded Currencies are the Canadian Dollar, Australian Dollar, South African Rand...

Relationship between Gold and Dollar

Every person in the world is fascinated by the lure of the Yellow metal and it is the ripe time to invest in the Gold. But in order to precisely track the movement one has to analyse the movement in the Dollar. In the current run up in the price of Gold, it is time to re-evaluate how Gold really relates to Dollar. The reason that Gold and Dollar generally trend in opposite directions is that in one respect Gold is...

GUAR IN A BULLISH PHASE

My another post in www.agriwatch.com on GAUR…its bit old but you can go through it. As we recapitulate the performance of some of the commodities this year, which is soon ticking away, Guar seems to bring with it good memories, particularly speculative Guar, as it enjoyed voracious trading. Driven by the well-built fundamentals in spot market along with active participation by buyers, Guar complex is proving...

Commodity market is a hot favourite for investors

Dear Readers, When Indian Equity Market is on its rough stage , I find commodity a good opportunity. I just posted an article regarding the same in www.commodityonline.com , sharing with you all… Economic reforms in developing nations, insatiable hunger for the commodities worldwide, recession in US economy and tumbling dollar, turmoil in credit market, unpredictable stock market, on the contrary, rock solid...

London Fix

Although trading takes place in metals round the clock and in many center of the world, the London fixing occupies a key place in the pricing of gold. The fixing price is an important benchmark in the gold market because much of the daily trading volume goes through the fixing price. It is fully transparent and is therefore used to deal in large amounts, or to achieve the accepted average price of the metal. It is...