Market Correlations: Foreign Currencies

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Market Correlations: Foreign Currencies April 11, 2018 Dr. Edward Yardeni 516-972-7683 eyardeni@ Joe Abbott 732-497-5306 jabbott@ Mali Quintana 480-664-1333 aquintana@ Please visit our sites at blog. thinking outside the box

Table Of Contents Table Of Contents Australian & Canadian Dollars 1-2 April 11, 2018 / Market Correlations: Foreign Currencies

Australian & Canadian Dollars Figure 1. INDUSTRIALS COMMODITY PRICE INDEX & CANADIAN DOLLAR 700 600 500 Canada (C$/US$, inverted scale) 400 CRB Raw Industrials Spot Price Index* 300 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 200 * Includes copper scrap, lead scrap, steel scrap, tin, zinc, burlap, cotton, print cloth, wool tops, hides, rosin, rubber, and tallow. Figure 2. INDUSTRIALS COMMODITY PRICE INDEX & AUSTRALIAN DOLLAR 700 600 500 1 1 Australia (A$/US$, inverted scale) CRB Raw Industrials Spot Price Index* 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 400 300 200 * Includes copper scrap, lead scrap, steel scrap, tin, zinc, burlap, cotton, print cloth, wool tops, hides, rosin, rubber, and tallow. Page 1 / April 11, 2018 / Market Correlations: Foreign Currencies

Figure 3. FOREIGN EXCHANGE RATES (inverted scale) Australian & Canadian Dollars 1 1 2.2 Canada (C$/US$) () Australia (A$/US$) () 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 1 1 2.2 Page 2 / April 11, 2018 / Market Correlations: Foreign Currencies

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