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LONDON (Reuters) - Talk of a commodities “super cycle” and gains in prices from iron to copper have brightened the outlook for resource-linked currencies, but the tide hasn’t lifted all boats, with emerging market currencies struggling to keep up with developed peers.
FILE PHOTO: Brazilian Real and U.S. dollar notes are pictured at a currency exchange office in Rio de Janeiro, Brazil, in this September 10, 2015 photo illustration. REUTERS/Ricardo Moraes
Emerging currencies have been at the sharp end of a recent rise in U.S. Treasury yields, which sparked a shakeout across global markets.
Below are four charts showing the connection between commodities and currencies and how current moves compare to previous episodes.
Graphic: Commodity price surge leaves emerging currencies adrift wsau.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wsau.com Daily Mail and Mail on Sunday newspapers.