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Commodities Briefing - Categorized | Commentaries, Currencies, Market Moves more

Commodities retreat as dollar grows stronger

Posted on 22 October 2010

From Businessweek.com: Commodities are retreating across the board as the dollar grows stronger and investors sell off some of their holdings to take profits.
Since commodities are priced in dollars, a stronger dollar makes them less attractive to buyers who use foreign currencies……………………………………….Full Article: Source


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This post was written by:

VRS - who has written 38189 posts on Opalesque Commodities Briefing.


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