The Corn (CBT) did make a high in conjunction with the British pound on 02/03 yet in nominal terms the last high was created on 04/14 whereas the high in Australian dollar took place on 02/03, a high in the Canadian dollar was established on 02/03, a high in the Japanese yen was established on 04/12, a high in the Swiss franc was established on 04/12, a high in the Euro was established on 04/01, and a high in the Chinese yuan was 04/12.

In terms of a Basket of Currencies, we see that here this market has rallied both in nominal and basket terms. This market peaked in both nominal terms and in terms of a basket of currencies on 04/14 implying that we do have a bullish trend in sync with international capital flows.