FxWirePro: Daily Commodity Tracker - 21st March, 2022 
It has been a rocky start to the year, with markets overwhelmed by concerns about rising Middle East tensions, falling oil prices and most of all, about the ability of Chinese policymakers to stabilize their equity market, keep the Yuan steady and re-balance the economy.
The Yen's status as best 'risk off' currency has been re-asserted, with the Swiss franc coming second in the overall, rankings, followed by the Euro and dollar. Commodity currencies like the AUD, NZD have struggled and the Pound has been weighed down by 'Brexit' concerns.
In Asia, the Philippine peso and Indonesian rupiah are showing some resilience, but KRW, MYR and SGD were big losers. In Latam, the BRL, after slumping 35% in 2015, has fallen by another 1.8%.
