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home / news releases / UAUD - Re-Assessing The Commodity-FX Relation

UAUD - Re-Assessing The Commodity-FX Relation

Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E647
  • The rally in commodities has benefited G10 commodity FX more than EM FX so far, due in part to the UST sell-off.
  • Looking ahead, long-term undervaluation may help RUB reap more benefits from a 2H oil rally and help BRL weather a decline in iron ore, which should hit AUD harder.
  • A continued rally in copper should support CLP, while coal’s FX impact should stay low.

For further details see:

Re-Assessing The Commodity-FX Relation
Stock Information
Company Name: Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2032 USD 25 - 17326E647
Stock Symbol: UAUD
Market: NYSE
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