12.03.2015 - Why the Dollar Rally Is Hurting Your Commodities
During the past few trading days, it has become increasingly clear that the impending market volatility that I’ve been warning about lately has arrived. Here’s the long and short of what is happening with the market right now… Any time the dollar rallies — it had a dramatic rally on Friday and another dramatic rally yesterday — the market pulls back because commodities (oil, gold, aluminum, etc.) are priced in U.S. dollars. So, when the dollar rallies, commodity prices — especially oil prices — fall. I recommend a handful of commodities-related stocks, and we’re seeing the strong dollar weigh on these stocks in the near-term...............................................Full Article: Source
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