Commodities rose across the board last week as US dollar plunged against major currencies. The USD index tumbled to as low as 93, a level not seen since August 15, last Friday. The Fed kept its powder dry in April and the conviction of a rate hike in June has not strengthened after the meeting.
The post Weekly Fundamentals – Soft Greenback, Driven by uneventful Fed and BOJ, Pushed Commodities Higher appeared first on crude-oil.top.