2020 FX & Commodities YTD Performance

by Ashraf Laidi
Dec 18, 2020 17:52

What a miserable year for the US dollar. As goes the December as went the year in FX, while silver & soybeans topped commodities, as oil & coffee ranked bottom in the % Change YTD league. The final weeks of the year have shown a clear outperformance of iron ore and silver, followed closely by a sharp ascent in energy---- all typical signs of expectations for a global recovery & further USD damage. Will these markets be right? Will Copper "Mr PhD in Economics" be finally at fault?  Will the Medical-Quanttv-Easing of the vaccine swell indices to new heights? Most importantly, will this be accompanied by a boost in nominal yields as well as REAL yields? If inflation does fails to keep up with rising yields, gold and silver may sustain fresh downside. Take a look at this yields chart and stay tuned. 

Click To Enlarge
Click To Enlarge
2020 FX & Commodities YTD Performance - Performance Dec 18 2020 (Chart 1)
 

 

More Hot-Charts

  • Nasdaq100 Daily & Weekly

    Jul 17, 2024 17:53 | by Ashraf Laidi
    The triple top in weekly RSI suggests the following price and time implications:  . PRICE: 18700. TIME: Duration of downside may last for another 3 to 4 weeks.
  • Aussie View

    Jul 3, 2024 17:14 | by Ashraf Laidi
    The Australian dollar is the 3rd highest performing currency in the G10 so far this yearm behind USD and GBP.
  • Aussie View

    Jul 3, 2024 17:14 | by Ashraf Laidi
    The Australian dollar is the 3rd highest performing currency in the G10 so far this yearm behind USD and GBP.
Hot-Chart Archives
Comments (Showing latest 0 of 0) View All Comments