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It's time to remove the 'B' in BRIC and create BANC - a group of commodity-driven currencies...

  • Friday, May 18, 2012, 12:35 PM ET
    It's time to remove the 'B' in BRIC and create BANC - a group of commodity-driven currencies (Brazil, Australia, New Zealand, Canada), writes Vince Cignarella. The real has a far stronger correlation with these than it does with than with other emerging market currencies. BZF -5.1% YTD.
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    I always wonder why Peru (EPU) is routinely ignored in commodity producers, its really getting up there.
    18 May 2012, 02:55 PM Reply Like
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