» » Weekly Fundamentals - Soft Greenback, Driven by uneventful Fed and BOJ, Pushed Commodities Higher

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Commodities rose across the board last week as US dollar plunged against major currencies. The USD index tumbled to as low as 93, a level not seen since August 15, last Friday. The Fed kept its powder dry in April and the conviction of a rate hike in June has not strengthened after the meeting.


from Oil N' Gold Focus http://www.oilngold.com/ong-focus/insights/weekly-fundamentals-soft-greenback-driven-by-uneventful-fed-and-boj-pushed-commodities-higher-2016050132812/
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