AUD

Australian dollar looks like a buy relative to US dollar.

The Australian dollar the copper have a high correlation of movement between them. Copper has recently made new all time highs in US dollar terms.

The Australian dollar has not made a move yet versus the US dollar while many other commodities have made upwards moves. Australia is a natural resources rich continent with many commodities and it typically booms when commodity prices are high.

I think with a coming reevaluation of the US dollar, many people will reprice currencies of countries with a high concentration of commodities higher against the US dollar, essentially backing a country's currency with its commodities.