USD: Crushing Commodities

The US dollar has been on a tear lately, posting gains for 7 out of the last 8 weeks. The #StrongDollar has in turn driven down commodity prices considerably since the beginning of February, which has helped increase consumption and thus growth. The CRB Commodity Index, which measures 19 different commodities, is down -0.95% since January 3rd of this year while the US dollar has appreciated +2.89% in the same time period.

USD: Crushing Commodities - CRBcommodities