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Stocks & Commodities V. 34:08 (21, 31): Futures For You by Carley Garner
Stocks & Commodities V. 34:08 (21, 31): Futures For You by Carley Garner
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Futures For You by Carley Garner
PEAK DOLLAR
If the dollar is peaking out, what does that mean for commodities?
Although there are a plethora of factors driving commodity prices, the most significant might be the value of the US dollar. Generally speaking, as the greenback gains in value, commodity prices decline, but as the dollar declines, commodities rally. This is because commodities, which are largely priced in US dollars, feel cheaper to foreign buyers when the dollar is weak...
PEAK DOLLAR
If the dollar is peaking out, what does that mean for commodities?
Although there are a plethora of factors driving commodity prices, the most significant might be the value of the US dollar. Generally speaking, as the greenback gains in value, commodity prices decline, but as the dollar declines, commodities rally. This is because commodities, which are largely priced in US dollars, feel cheaper to foreign buyers when the dollar is weak...
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