| 21.01.2009 - Commodities move against the US dollar |
| From Learningmarkets.com: The norm is to see commodity prices moving counter to the US Dollar's value. Today however, the dollar gained against most of he major currencies at the same time that oil and gold were also gaining. This is bad news for inflating ecnonomies and American exporters as it could increase costs and reduce international competitiveness. The move was accompanied by one of the worst days for financial stocks in the US over the last few weeks..... Full Article: Source |