Metals decline as dollar rallies
Price of metals and particularly steel, have been on fire this year, but the last 24 hours has seen prices cool off significantly, due to a rally in the dollar.The dollar rallied to a five week high against the euro, after the Fed indicated that it may not cut rates further in the near future. Against the yen too, the dollar gained to a 6-week high. It has picked up to a 2-month high against a basket of major currencies.
