Published on Tue, Feb 09, 2010 at 08:14 | Source : Moneycontrol.com
Updated at Tue, Feb 09, 2010 at 08:16
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Crude rebounds from seven-week low
Despite the up move in the dollar, commodities were still able to book strong gains. Crude rebounded from a seven-week low as the US mid-Atlantic region braced for a new winter storm in coming days and dug out from a weekend blizzard.
Despite the up move in the dollar, commodities were still able to book strong gains. Crude rebounded from a seven-week low as the US mid-Atlantic region braced for a new winter storm in coming days and dug out from a weekend blizzard.
Base metals too recovered ground. Copper futures are trading higher for the first time in four sessions. Rest of the base metals also saw sizeable gains.
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