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Commodities Briefing - Categorized | Commodity Crisis, Currencies more

Weakening dollar pushes commodities prices higher

Posted on 11 December 2008

From AP: Commodities investors set aside their preoccupation with the economy Wednesday, focusing on a weakening dollar as they sent prices for gold and other contracts higher.

Futures that have suffered a protracted decline on a steady stream of bad economic news and the dollar’s long advance reversed course as the greenback, down over the past two weeks, fell against the euro and other major currencies….. Full Article: Source


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