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Monday, November 23, 2015
Profitable Trades Based On USD Changes | Seeking Alpha
Profitable Trades Based On USD Changes | Seeking Alpha: "When the US Dollar rises, commodities, which are priced in USD, will get relatively more expensive. Therefore, demand will decline, which will put downward pressure on commodities. The chart below shows the correlation between USD and commodities. I used the iShares S&P GSCI Commodity-Indexed Trust ETF (GSG) to display the Goldman Sachs Commodity Index (GSCI) and the PowerShares DB USD Bull ETF (UUP) for the USD Index."
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