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Commodities Prices Are In The Hands Of The Dollar And China

Commodities Prices Are In The Hands Of The Dollar And China

August 14, 2017

The dollar index began to drop after making highs at 103.815 on January 3, 2017, and the decline has been slow and steady as the U.S. currency has approached critical support for the bull market that commenced back in May 2014. In my latest piece for Seeking Alpha, I highlight how some commodities prices have reacted to the upside over recent weeks as the dollar continued to fall and explain why the 91.88 level for the dollar index is a line in the sand for the currency and for commodities which could experience significant volatility in one direction or the other depending on the next move in the dollar.

Article: Commodities Prices Are In The Hands Of The Dollar And China

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