Vliv cen komodit na vybrané měnové kurzy

The bachelor`s thesis describes intermarket correlation of foreign exchange market and commodity market. Intermarket correlation is demonstrated on example of movements of commodity prices and of commodity currencies. The bachelor`s thesis defines the commodity currencies as national currencies of states that tend to export commodities. Such description corresponds with countries like Australia, Canada and New Zealand. The aim of the bachelor`s thesis is to specify the basic factors that determinate a currency exchange rate, furthermore to give fundamental economic overview of Australia, Canada and New Zealand and above all to prove dependence of exchange rates of commodity currencies and a price of commodity that these countries mainly export. In the conclusion the author summed up all the evidences he had reached during the writing of the thesis. At last there is also an outline how use such evidences.