Forex, video, latest May 6, 2021 7:02 am
Via a BoA note, analsyts say higher commodity prices are only tentatively priced inside resource-linked currencies.
Say that as commodity price gains pick up further a currencies are likely to rise
- Single out NOK citing a more hawkish central bank
- Also like AUD citing exports of copper, lithium. cobalt
As background they point to:
- US fiscal spend (esp infrastructure)
- China demand
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