Commodities decoupling from $?
It seems that commodities are decoupling from the US $ lately and while the dollar is strengthening base metals prices are going along for the ride; a sign that demand for the metals is picking up. Metals today for instance are up across the board while the US $ is up as well. There is also a shift from Gold to base metals, another sign that Gold as a save heaven may have run its course. These are all positive signs for copper, iron ore etc. Notice for instance that while copper was down, the futures, price has moved up again and most likely will hit the next resistance point of $2.43, the Sept high where the slide started from. I will most likely stay in and not sell today.