North Bergen, New Jersey 3/4/2010 4:59:48 AM
News / Business

Boosting Commodities Following the Decline of the Dollar.

Wall Street Grand Reviews the weakening dollar and the rise of Grains, Metals and Energy

Grains, metals and energy all rose slightly today after the dollar fell against other currencies … For the Latest information regarding on the Latest Issues make sure to visit the Most Exclusive and In Depth newsletter website at:   http://www.wallstreetgrand.com/.

 

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Grains, metals and energy all rose slightly today after the dollar fell against other currencies. Commodities like corn, wheat and soybeans are priced in dollars, so a pullback in the dollar makes them more appealing to foreign investors. The dollar fell as the euro strengthened after debt-burdened Greece announced austerity measures to rein in its budget deficits. There had been concerns in recent weeks that Greece's debt problems would spread through other countries that use the euro.

 

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