Hi Martin,
At first I was impressed with the mentor about the divergence of price index and comm index, but now it seems to me that the commercial contracts give little impact on the price index. It is not divergence, but the commercial traders long or short the currency in the opposite direction of price index. Take a look at GBP indexs:
You can see the price index and comm index move in the opposite at the same time, meaning the those commercial traders also react to the climate the same way as speculators and small traders. Did the mentor something like "the price moves smoothly to the direction of commercial traders after some weeks" ? He's wrong, I think.
Any comments?
