Commodites Plunge To New 16 Year Low; Oil Slides...
Commodites Plunge To New 16 Year Low; Oil Slides On Venezuela Warning, Soaring Dollar https://t.co/bu6xhU29q6
November 23, 2015
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Commodites Plunge To New 16 Year Low; Oil Slides On Venezuela Warning, Soaring Dollar
A big catalyst for the ongoing collapse in the Bloomberg commodity index which just hit a fresh 16 year low, is the relentless surge in the dollar, with the DXY rising as high as 99.98 the highest since April, as a result of rising prospects for a December U.S.