# Are commodity currencies poised for a big 2022?

> A forex analysis reports that AUD/USD fell about 7.5% and NZD/USD about 5.5% year to date in 2021, while USD/CAD was on track for a small gain. It suggests commodity currencies could outperform in 2022 if inflation and demand stay strong.

- Date: 2021-12-17 · published 2021-12-17T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/43495-are-commodity-currencies-poised-for-a-big-2022
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Commodity currencies tend to track raw material prices, so a rebound in these currencies would signal firmer commodity demand and export values.

## Read by commodity

- AUDUSD: neutral

## Sources

- forex.com: https://www.forex.com/en/news-and-analysis/are-commodity-currencies-poised-for-a-big-2022/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.