Excerpt from: CFDs & Spread Bets
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| March 20, 2008 | | Spread bets on commodities | Financial spread betting strategy should consider that commodities are dropping today as profit taking causes dramatic drops. Oil prices dipped below $100 a barrel, and gold and platinum fell dramatically as well. Reuters reports information that could help with spread bets on commodities:
The dollar rallied on Thursday
as investors took profits from oil, gold and other commodities,
repatriating their cash back into the beleaguered U.S. currency
ahead of the Easter break. | Topic Tags: financial spread betting strategy, oil prices below $100 a barrel, profit taking commodities, spread bets commodities, spread betting commodities, spread betting strategy | |
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