US Dollar index vs. CRB index
I had an interesting thought from http://www.minyanville.com regarding the relationship between the US dollar and Commodities. Check out this graph below and you can make out an inverse relationship between the US dollar and the CRB, which recently broke its long time 200 day MA. This move implies strength in the dollar (which I can attest to the recent strength in USDJPY).
I had an interesting thought from http://www.minyanville.com regarding the relationship between the US dollar and Commodities. Check out this graph below and you can make out an inverse relationship between the US dollar and the CRB, which recently broke its long time 200 day MA. This move implies strength in the dollar (which I can attest to the recent strength in USDJPY).
posted by market operator at 11:27 AM
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