| The 3rd quarter of 2014 is over, and some interesting things have happened in the metals sector. The most critical thing has been the remarkable surge of the dollar against other currencies. The US Dollar Index raised over 7% this quarter. This had a depressing effect in the commodities market, and therefore metal prices took a hit.
In the 2nd quarter, we pointed out that some industrial metals (nickel, zinc and aluminum) were showing some strength while others were still lagging (copper, lead and tin). The stimulus measures taken by Beijing were giving some economic momentum in China, helping support industrial metal prices. However, the recent upturn of the dollar changed the picture, making the leading metals to correct while the laggards were pulled to low levels...............................................Full Article: Source
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