“The Canadian dollar is seen as a commodity currency and metal prices have been going up across the board, commodity prices are up.”
Tom Vosa
“It's notable that CAD has participated less in the gains against the U.S. dollar than most currencies have seen.”
Adam Cole
“The strong price action and impressive technical trends in various currencies suggest prices should remain elevated in 2006.”
Yingxi Yu
“If we'd had a substantial decline in the dollar against the Chinese currency we'd have probably seen a substantial rise in the price of some of the items that we buy from China.”
Gary Thayer
“Given the increased correlation between base and precious metals over recent months, any further weakening in base metal prices would be a distinct drag on gold.”
Alan Williamson
“It's the metal price that's clearly driving it. To some extent, costs are better, but metal prices are the game for an aluminum company.”
Charles Bradford
“The Asian currency rally has arrived, ... most Asian currencies should appreciate by a much larger margin against the dollar than other currencies.”
James McCormick