WCU: Commodities pause as the dollar rises – #SaxoStrats

A four-week commodity rally has come to a halt as the dollar continues to strengthen. The Bloomberg commodity index which tracks a basket of major commodities was down 0.5% the same amount the dollar rose against a basket of currencies.

from Ole Hansen - Authored content https://www.tradingfloor.com/posts/wcu-commodities-pause-as-the-dollar-rises-saxostrats-8155151?utm_medium=tf4-feed&utm_source=extract