Commodities fell across the board, as the rise in greenback weighed on USD-denominated assets. In the oil markets, traders continued to take profit from the recent rally, unloading their long positions from the current elevated levels. The front-month WTI and Brent crude oil contracts fell -0.81% and -0.8% respectively. Precious metals also softened, as the market has for now shrugged off the re-emerging political uncertainty in Germany.
Originally posted here:
Greenback’s Strength Weighed on Commodities
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