Commodity currencies: which commodity matters for which currency?

AUD, NZD, CAD and NOK are called commodity currencies, but the links are specific: oil for CAD and NOK, iron ore and Chinese demand for AUD, dairy for NZD — and all of them fade in and out over time.

Test yourself: match each currency to its commodity, then check the guide. Which link surprised you? Which one do you actually use in your trading?

The commodity currencies guide maps the relationships.