Funds are cutting their record commodities exposure ahead of an expected March interest-rate increase in the US and especially silver prices were whacked on Thursday. Equities were in broad retreat in the US while the US dollar's strength broadened with commodity and emerging-market currencies faltering on the latest surge of rate-hike expectations.
from Ole Hansen - Authored content https://www.tradingfloor.com/posts/from-the-floor-funds-offload-commodities-as-rate-hike-looms-8514511?utm_medium=tf4-feed&utm_source=extract
From the Floor: Funds offload commodities as rate hike looms
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