What’s moving the commodities market?
In the last 1-month, correlation between the prices of Gold, Crude Oil, and Copper increased significantly amid recent uptrend in the prices.
So, what is moving the commodities market higher?
The recent rally in the commodities market was aided by the downtrend in the Dollar index.
Inverse correlation between the Dollar index and commodities has reached a 2-year high on July 31.
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