Caribbean Investment IQ December 2013 | Page 20

Sherma Mahabirsingh Investment Manager, Proprietary Portfolio Management Sherma.Mahabirsingh@firstcitizenstt.com Shane Seepersad Trader II, Proprietary Portfolio Management Shane.Seepersad@firstcitizenstt.com Currency & Commodity Markets Increased speculation of tapering of QE by the US Federal Reserve resulted in some weakness of the US dollar during the period, but the greenback has been supported by stronger economic fundamentals. Commodities have performed poorly in 2013, and despite some signs of a recovery, there is not much evidence that the asset class will have a sustained recovery in the nea