Commodity and emerging market currencies traded well even as the dollar rallied initially during the war, contrary to typical 'risk-off' dynamics; this suggests structural demand for commodity currencies independent of short-term risk sentiment.
factualpending
Speaker
Dan NathanEvidence Quote
“commodity currencies actually traded pretty well...The Aussie dollar traded well. Canadian dollar traded okay.”
Created: 8/12/2026, 6:20:13 PM
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