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 Nathan

Evidence Quote

commodity currencies actually traded pretty well...The Aussie dollar traded well. Canadian dollar traded okay.

Source

Louis-Vincent Gave: Inside China's Plan to Kill the Dollar's DominanceRiskReversal Media
Created: 8/12/2026, 6:20:13 PM

My Notes

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