FX & CFD trading involves significant risk
The dollar index continues to show some strength this morning, which is pressuring select commodities.
May crude oil has been in negative territory all session and hit session lows of $107.50/barrel. In current trade, the energy component is down 0.3% at $108.15/barrel.
May natural gas was in the red this morning ahead of pit trading, but when the pits opened, natural gas pushed into positive territory and to new session highs of $4.32. Its currently just above the unchanged line at $2.27/MMBtu.
Precious metals are higher this morning with June gold up 0.4% at $1439.40/ounce and May silver is up 0.4% at $38.66/ounce.