The US dollar reverses violently today supporting commodities

Overnight the US dollar pushed to a new multi-decade high and declined to percent as the UK banking system stepped in to support its bonds that are in disarray, calming world chaos that was helping support the US dollar this week. With the US dollar on the decline, commodities are finding buying interest again. Wheat […]

Heartland Market Talk
Heartland Market Talk
The US dollar reverses violently today supporting commodities
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Overnight the US dollar pushed to a new multi-decade high and declined to percent as the UK banking system stepped in to support its bonds that are in disarray, calming world chaos that was helping support the US dollar this week. With the US dollar on the decline, commodities are finding buying interest again. Wheat pushed higher on the Ukrainian vote that was not surprisingly 99% in favor of Ukraine joining Russia on the Eastern Russian control areas.

Commodities, futures and options trading involves financial risk and should be considered carefully before making any trades. The information contained on this site is taken from sources, which we believe to be reliable, but is not guaranteed by us as to accuracy or completeness and is provided to you for information purposes only.

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