Dollar Helped Drive Commodity Investment Post-Fed Meeting: Chart

Global Stock Rally Fades, Dollar Rebounds

A weaker dollar this week, owed in part to the Federal Reserve’s decision Wednesday to stand pat on interest rates, helped to fuel gains in metals, oil and other commodities. As of 12:25 p.m. in New York, the Bloomberg Commodity Index was headed for a weekly gain. When the greenback falls, commodities priced in dollars become cheaper for customers using their local currency.

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