“The Canadian dollar is seen as a commodity currency and metal prices have been going up across the board, commodity prices are up.”
“The Asian currency rally has arrived, ... most Asian currencies should appreciate by a much larger margin against the dollar than other currencies.”
“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.”
“The strong price action and impressive technical trends in various currencies suggest prices should remain elevated in 2006.”
“It was a perfect storm for gold today. Lower dollar. Higher oil prices. Base metals rallying. Commodity interest across the board. Funds are not afraid of buying on new highs.”
“We are expecting a reasonably soft number, which could undo some small dollar gains we have seen against European currencies.”
“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.”
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