Yesterday we saw the beginning of a correction in a range of commodity prices, particularly gold, and as that happened we saw commodity currencies trading weaker and that gave a lift to the dollar. That theme is still valid. -Teis Knuthsen

 

Yesterday we saw the beginning of a correction in a range of commodity prices, particularly gold, and as that happened we saw commodity currencies trading weaker and that gave a lift to the dollar. That theme is still valid.


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This quote is just one of 4 total Teis Knuthsen quotes in our collection. Teis Knuthsen is known for saying 'Yesterday we saw the beginning of a correction in a range of commodity prices, particularly gold, and as that happened we saw commodity currencies trading weaker and that gave a lift to the dollar. That theme is still valid.' as well as some of the following quotes.

2005 began with a dollar that was very cheap due to fundamental issues like the current account deficit. Rate differentials then supported the dollar, and we think relative rates will continue to drive currency markets.

Teis Knuthsen

Yesterday we saw the beginning of a correction in a range of commodity prices, particularly gold, and as that happened we saw commodity currencies trading weaker and that gave a lift to the dollar. That theme is still valid.

Teis Knuthsen

What's been driving the currency recently is the fact that money markets have been warming up to a series of rate hikes.

Teis Knuthsen