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The dollar index slipped to its lowest level in nearly a month on December 28 as long-term Treasury yields fell, with the 10-year yield at 2.43% versus 2.50% the prior week. Crude oil traded near 2.5-year highs, with WTI around $59.78 a barrel and Brent around $66.62.
A softer dollar and lower yields generally support dollar-denominated commodity prices, including grains and oilseeds, though this is routine market commentary with no new fundamental driver.
actionforex.comXM.comDec 28, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
