12.08.2013 - Resurging $ may put commodity markets under pressure
Commodity prices have most often been impacted by the value of the dollar. The greenback’s strength over the last two years has surely placed a lid on upward price movement in most commodities, although admittedly the firming of the dollar has stalled against some currencies in recent months. No wonder, commodities continue to face headwinds in the global marketplace. Forex experts foresee a broad resurgence in the dollar, gathering pace towards the last quarter of the year. In the event, commodity markets could come under further pressure from currency markets...............................................Full Article: Source
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