WSJ: In Commodity Investing, Currencies Call the Tune
By SIMON CONSTABLE
Investors who want to make money trading commodities would do well to become experts in forecasting currencies.
That’s because changes in the value of the U.S. dollar tend to be accompanied by movements in the opposite direction in the prices for most of the materials and foodstuffs traded on global markets. For instance, from September 2012 through February 2016, commodities prices on average halved while the value of the dollar surged. Read more here.