# Iron Ore Leads Commodities In February - Sharecafe

> February saw iron ore rise nearly 8% while oil, gold and copper fell, and US Treasury yields climbed. The Australian dollar fell 4% against the US dollar, and WTI crude dropped to about $61.64 a barrel on rising US production and inventories.

- Date: 2018-02-28 · published 2018-02-28T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/66412-iron-ore-leads-commodities-in-february-sharecafe
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Lower oil prices and a stronger dollar reduce biofuel and input cost support for oilseeds and grains, though the article focuses on industrial metals.

## Read by commodity

- DXY: bullish ▲
- WTI: bearish ▼

## Sources

- sharecafe.com.au: https://www.sharecafe.com.au/2018/03/01/iron-ore-leads-commodities-in-february/

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