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Commodity markets lifted by stronger EUR
http://www.tradingfloor.com - New found support for the euro has had a positive effect on commodities with oil seeing renewed interest along with natural gas, coffee, sugar and gold, says Saxo Bank's Ole Hansen. Gold has especially found itself in the perfect situation with continued interest, despite a weakening dollar. Coffee has strengthened on two fronts - Robusta coffee traded in London has gained from stories of lower exports from Vietnam, while Arabica coffee has seen increased interest after frost warnings in Brazil.
06:26 minutes
Tags: coffee, commodities, crude, eur, gas, gold, natural, oil, ole, reuterscommodities, sugar
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