CER 0.00% 32.0¢ centro retail group

dollar tipped to top 80 cents, page-28

  1. 414 Posts.
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    Guys,
    There is a direct relationship between commodity prices and the AUD. A rise in commodity prices equates to a rise in AUD. The correlation is amazingly similar.

    Check out the SECOND chart in this link.

    http://www.equitiesmagazine.com/article_followingforex_0409.php


    Commodity prices are often quoted in USD however when contracts are settled, they are paid in AUD.

    D1
 
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