FX & CFD trading involves significant risk
The dollar index is showing modest strength this morning, but this isn't doing much to weaken the commodity complex.
However, crude oil has been in the red all morning and was lower ahead of inventory data. Following the data, which showed a build of 616K versus consensus of a draw of 1700K, crude oil sold off to $99.00 and is now down 0.4% at $99.16/barrel.
Natural gas was trending higher this morning until its recent pullback. However, it's pulled back a few cents, but remains in positive territory at $4.41, up +0.4%.
Precious metals have been higher all morning with notable strength in silver, which began posting strong gains in the overnight session. About 40 minutes ago, silver hit session highs of $37.49/oz. and remains near those session highs of $37.34/oz. Gold is up 0.3% at $1527.30/oz.
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.