Commodities Are Surging As The Dollar Rolls Over

Writer at ZeroHedge • May 5, 2016 at 11:38 AM EDT

Overnight strength in the USDollar has begun to rollover, most notably against the Yen, and that is sparking a bid in commodities - industrial and precious metals.

Overnight strength in the USDollar has begun to rollover, most notably against the Yen, and that is sparking a bid in commodities - industrial and precious metals. Canada headlines (and Libya) along with dismal US jobs data have also piled on, sending WTI Crude to test $46 (and copper is rallying) as Gold and Silver surge...

As The USD rolls over...

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Crude is spiking...

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And Precious metals are bid...

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