{"id":12220,"date":"2010-10-02T18:18:46","date_gmt":"2010-10-02T16:18:46","guid":{"rendered":"http:\/\/bontrade.org\/blog49\/12220\/weekly-fundamentals-commodities-glitter-as-usd-tumbles\/"},"modified":"2010-10-02T18:18:46","modified_gmt":"2010-10-02T16:18:46","slug":"weekly-fundamentals-commodities-glitter-as-usd-tumbles","status":"publish","type":"post","link":"https:\/\/bontrade.org\/blog49\/12220\/weekly-fundamentals-commodities-glitter-as-usd-tumbles\/","title":{"rendered":"Weekly Fundamentals: Commodities Glitter as USD Tumbles"},"content":{"rendered":"

Weakness in the dollar continued to support commodities. Although several US data released last week beat expectations, speculations that the Fed will expand the bond-buying program did not abate. The dollar index plunged for a 3rd week to 78.08, down -1.65% on the week. The energy complex was the best performer of the week with crude oil and fuel prices surging 6-7%. Precious metals strengthened further with gold making new nominal highs and silver 30-year highs. Base metals continued to perform well as strong Chinese PMI signaled demand for the complex should sustain.<\/p>\n

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See the original post:\u00a0
\nWeekly Fundamentals: Commodities Glitter as USD Tumbles<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Weakness in the dollar continued to support commodities. Although several US data released last week beat expectations, speculations that the Fed will expand the bond-buying program did not abate. The dollar index plunged for a 3rd week to 78.08, down -1.65% on the week. The energy complex was the best performer of the week with crude oil and fuel prices surging 6-7%. Precious metals strengthened further with gold making new nominal highs and silver 30-year highs. Base metals continued to perform well as strong Chinese PMI signaled demand for the complex should sustain. <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lightning_design_setting":[],"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12220","post","type-post","status-publish","format-standard","hentry","category-welcome-start-here-tradecrudeoilchatroom"],"_links":{"self":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/12220","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/comments?post=12220"}],"version-history":[{"count":0,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/posts\/12220\/revisions"}],"wp:attachment":[{"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/media?parent=12220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/categories?post=12220"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bontrade.org\/blog49\/wp-json\/wp\/v2\/tags?post=12220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}