27.01.2012 - Positive economic signs extend commodities rally
Most commodities rallied for a second day Thursday on the latest signs that the U.S. economy is building momentum. Investors were encouraged by an increase in orders for long-lasting manufactured goods. But a primary driver of the rally was the Federal Reserve's announcement Wednesday that it will keep interest rates near zero until 2014 to aid the economic recovery. The policy is expected to cause the dollar to weaken against other currencies. Commodities are priced in dollars so a weaker dollar makes them cheaper for investors who use other currencies..............................................Full Article: Source
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