A bullish rally in the commodity market will have a negative influence on the value of the US currency, insofar as the raw material is quoted in dollars. Investors are actively buying up energy and industrial metals, inasmuch as the surplus of dollar liquidity in the financial system allows bankers and hedge funds to speculate strongly on commodity exchanges.

On the eve, the US Department of Energy published a fresh weekly release, where it recorded an increase in oil refining by 152 thousand barrels per day to 14.8 million barrels per day. Oil usage in North America and Asia is increasing, while production remains flat, contributing to higher oil prices.

Investment idea: Buy 1.3830/1.3810 and take profit 1.3885.