Thu, May 5, 2016
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Agriculture, Futures and Options, Price Watch more

Commodities rally spills into cotton as Fed plans decimate dollar

Posted on 23 March 2009

From Lubbockonline.com: A surprise Federal Reserve announcement that it will buy longer-term government debt in efforts to revive the economy decimated the dollar last week, triggering a commodities rally that spilled into cotton futures.

Cotton rallied after back-to-back losses to close mixed for the week ended Thursday, with spot May up four points to 42.87 cents, July down 21 points to 43.75 cents and December up 15 points to 48.10 cents…..Full Article: Source


 Article link

This post was written by:

VRS - who has written 45687 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
May 2016
S M T W T F S
« Apr    
1234567
891011121314
15161718192021
22232425262728
293031