Comdoll
a.k.a. Commodity dollars
Trader slang for the 'commodity dollars': the Australian, New Zealand and Canadian dollars.
In plain English
Trader slang for the 'commodity dollars': the Australian, New Zealand and Canadian dollars.
The comdolls are AUD, NZD and CAD, the currencies of big raw-material exporters. Australia digs up metals, New Zealand sells dairy and food, Canada pumps oil.
They often move together with commodity prices and global risk appetite. See commodity currency.
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