Commodity Stocks Under Pressure.

This morning most of the leading commodity stocks are under some pressure on the back of a stronger U.S. Dollar Index. Since June 7th the U.S. Dollar Index has plummeted lower by 12.0 percent and most commodities have directly benefited from that dollar decline. Major commodity leaders such as Cliffs Natural Resources Inc.CLF, Freeport McMoRan Copper & Gold Inc.FCX, and United States Steel Corp.X, have trader lower this morning. However, should the U.S. Dollar Index decline as it often does these stocks should catch a bid higher. Every trade is essentially a trade on the U.S. Dollar Index.