# Commodity Prices Rising As The U.S. Dollar Falls

> The S&P 500 closed near its all-time high on December 16, 2020, while the CRB commodity index remained about 65% below its 2008 record. The article notes that commodities have lagged stocks since 1999. It says the weaker U.S. dollar has been a tailwind for commodity prices.

- Date: 2020-12-17 · published 2020-12-17T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/49569-commodity-prices-rising-as-the-u-s-dollar-falls
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A declining dollar provides support for commodity prices, though the broad commodity index remains far below its peak, so the signal is modest for feed buyers.

## Read by commodity

- DXY: bearish ▼

## Sources

- ftportfolios.com: https://www.ftportfolios.com/Blogs/MarketBlog/2020/12/17/commodity-prices-rising-as-the-u.s.-dollar-falls

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.