| As the U.S. dollar rallies off the Federal Reserve’s tightening monetary policy, commodity exchange traded funds are slipping to new lows. On Thursday, the GreenHaven Continuous Commodity Index Fund fell 0.9%, PowerShares DB Commodity Index Tracking Fund declined 0.8%, iPath Dow Jones-UBS Commodity Index Total Return ETN decreased 0.9%% and iShares GSCI Commodity-Indexed Trust retreated 1.0%.
The four broad commodity-related exchange traded products all hit new lows Thursday. The commodities market was weakening Thursday after the Fed hiked interest rates and the U.S. dollar rallied...............................................Full Article: Source
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