The Trader 

What’s your dollar worth?

The Trader

What’s your dollar worth?

Last week’s Trader column focused on some commodities, which then led me to think about the so-called ‘commodity currencies’.  Quite frankly, this is a flawed concept and one where analysts and pundits get their terminology all wrong – something I find terribly irritating and which destroys credibility. For example, the way they use the term ‘soft commodities’ interchangeably with agricultural commodities. Active softs are: cocoa, coffee, rubber, sugar and frozen concentrated orange juice (FCOJ); it also includes fruits, gur (a type of sugar), pepper and tea – only!

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