| In commodities, the U.S. dollar typically commands much of the market’s attention. That makes sense since most commodities are priced in the greenback. As a result, it’s not surprising that the Federal Reserve’s decade-long effort to cheapen the dollar has coincided with rising commodity prices.
But large speculators have been placing big bets on the dollar lately. “It turns out that a persistently weak currency, like the U.S. dollar, is preferred to a possibly doomed currency such as the euro,” laments John LaForge, a commodities strategist at Ned Davis Research...............................................Full Article: Source
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