The dollar is looking mighty attractive, thanks to a reviving U.S. economy and eurozone woes, and it will only get stronger as traders who gambled that it would fall buy dollars to unwind their bad bets. Add in China’s desperate need to get its overheated economy in check, and commodities prices look like they have nowhere to go but down.
Continue reading A Rising Dollar and Cooling China Will Pop the Commodities Bubble
A Rising Dollar and Cooling China Will Pop the Commodities Bubble originally appeared on DailyFinance on Thu, 06 Jan 2011 10:00:00.