Disclaimer: Forex trading involves high risks, with the potential for substantial losses and is not suitable for all persons. The views expressed in this blogsite are those of the author(s) and do not necessarily reflect the official policy, position, or opinions of Global Forex Trading.

Google Subscribe ButtonMyYahoo! Subscribe ButtonWindows Live Subscribe ButtonRSS 2.0 Web Feed Subscribe Buttonwhat is this?
Excerpt from:  Forex Training
.
February 11, 2008

Forex Trading Terms: Commodity Currency

What is a commodity currency?
One of the forex trading terms you are likely to come across is commodity currency. A commodity currency is one that depends a great deal on how much is coming into the economy from exports. The South African rand is an example of a commodity currency that relies gold.

Here are the major examples of commodity currency:
  • Canadian dollar (CAD)
  • New Zealand dollar (NZD)
  • Australian dollar (AUD)
The US dollar is also sometimes considered a commdity currency.
.
PermalinkLearn Forex Trading Terms
.Currency trading on the FX market
.http://www.gftforex.com/land/index.asp?aid=446
Topic Tags:  Canadian dollar, commodity currency, currency market, currency trading, forex trading, forex trading terms, FX market, South African rand, US dollar
by mmarquit | ↑top | link to this#
Syndication OptionsRSS (Rich Site Summary) Feed Atom Feed OPML (Outline Processor Language) Feed MYST-ML (MyST Markup Language) Content Feed MS-Office Smart Tag Subscription