Dollar’s Revival Adds New Life to a Few Commodity ETFs
November 23, 2015 at 11:30 AM EST
It makes sense that a strong US dollar is generally bad for commodities since as the U.S dollar strengthens, goods priced in dollars become more expensive for other currencies. However, historically the U.S. dollar has a negative correlation of only about -0.30 with the S&P GSCI as shown in the...