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View Full Version : Commodities Post Biggest Drop in Six Weeks as Dollar Rebounds - Bloomberg



NewsWhore
06-03-2009, 06:00 PM
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Commodities Post Biggest Drop in Six Weeks as Dollar Rebounds (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601082%26sid%3Da4X0gUGX5dRA%26refer%3Dcanada&cid=1254521660&ei=8uYmSvCNEdbykAXHicWgBw&usg=AFQjCNHBWEamp-g-4kKasmRfQUDYIYLJcA)
Bloomberg
Last month, the dollar plunged 6.2 percent against the currency basket, the most since March 1985. “Today&#39;s reversal in the dollar is certainly bearish for commodities in the short term,” said Paul Baiocchi, who helps manage more than $1 billion as a ...


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