Lower dollar is positive for commodities

Note: This section contains information in English only.
Source: Marktwatch
© Scanpix/New York Times

The dollar index DXY fell by 0.88%. It was traded at 77.218 on Friday compared to 77.660 Thursday in North American trading. Lower dollar value contributes positively to commodity trade as the price for them is lower for other currency holders.

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Fri, 11 Nov 2011 18:03:06 GMT

US trade deficit decreases

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