The Street -
30 May 2015 03:16
NEW YORK (TheStreet) -- Trading in the commodity complex was largely driven by the move in the U.S. dollar. Commodities are priced in U.S. dollars, so as the greenback moves higher, instruments like oil and gold generally move lower, and the inverse applies due to the strong correlation in the moves. Must Read: You're Just Too Old and You Just Don't Get the Apple Watch In the beginning of the week, the U.S. dollar moved higher on the Durable Goods report released Tuesday morning suggesting busi...
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