Sat, May 23, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | ETFs / ETCs more

Selloff drives bearish moves in oil, silver ETFs

Posted on 06 May 2011

A broad selloff in commodities sent investors in the options market scurrying for defensive positions in exchange-traded funds that track crude oil and silver.

The months-long rally in commodities beat a retreat Thursday as the U.S. dollar rallied and the euro faltered after European central bankers indicated an interest-rate increase wasn’t imminent. The strengthening dollar and sliding oil prices acted as a signal to abandon metals like silver, which is down 25% in the past four days……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 40596 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
May 2015
S M T W T F S
« Apr    
 12
3456789
10111213141516
17181920212223
24252627282930
31