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Strength of Dollar Against Euro Driving Commodities Lower

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  • Description

    FBN’s Jeff Flock on the fall in commodity prices in the markets today.

  • Duration 1:07
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Weekend while -- -- the CMA -- you could argue obviously we've already pointed out gold and oil pull down 24 dollars oil down nearly two dollars but what else do you see there and what's at the heart of that is -- the traders -- -- -- on the edge of the European interest rate futures set pit or trading just stopped here lives a few moments ago.

And it was the strength of the dollar against the Euro today that helped drive commodities down as well take a look at the biggest losers.

-- you mentioned a couple of months here -- three a few other ones as we go natural gas.

Of course you know that one has is really rebounded nicely lately but down.

About to almost 3% today oil we should point out broke through that 95 dollar.

Floor silver also down big today down about two over 2% and soybeans which had been.

A big winner of late.

And he period -- -- with -- what do you know -- but of that thirteen dollars 86 -- -- was a close was down twenty cents on the soybeans so.

Not pretty anywhere today L is and maybe you know commodities would you think better than synthetic investments at JPMorgan right but why.

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