Sunday, May 24, 2009

Impact of US dollar fall on stock and commodity prices

The dollar drops, commodities like oil and gold rise, and they are seen as a value against future inflation. (Market Week)
A useful round-up from Bloomberg on the fall of the US dollar last week and what this has meant for commodities and commodity stock prices. Note the 11 per cent bounce in gold stocks.

OIL & GAS MARKET