---
title: "Amundi Aggressively Buys Commodities Currencies, Deeming Them Unbeatable"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283344322.md"
description: "Amundi is heavily purchasing currencies linked to commodity prices, viewing them as a safe bet regardless of how the Middle East conflict unfolds. Andreas Koenig, the firm's global head of FX, noted that the future of the Iran conflict remains uncertain, prompting him to invest in currencies from commodity-exporting nations such as Brazil, Mexico, Colombia, Australia, and Norway. He stated that if the crisis resolves, investors will favor high-risk trades, benefiting these high-beta currencies"
datetime: "2026-04-20T11:31:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283344322.md)
  - [en](https://longbridge.com/en/news/283344322.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283344322.md)
---

# Amundi Aggressively Buys Commodities Currencies, Deeming Them Unbeatable

Amundi is accumulating currencies closely tied to commodity prices, considering them a prudent choice whether the next phase of the Middle East conflict escalates further or moves toward peace. Andreas Koenig, the company's global head of foreign exchange, stated that it remains unclear how and when the Iran conflict will conclude, leading him to buy currencies from commodity-exporting countries including Brazil, Mexico, Colombia, Australia, and Norway. "If the crisis is resolved, investors will engage in high-risk preference trading, and these high-beta currencies will benefit," he added. High-beta currencies are those that tend to appreciate when investors are willing to take on risk.

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