IBG Classic Stage 2 bullish pattern, page-118

OK we digress, lets get back to the original point which Johnyb tried to explain and that is a stronger US $ equates to weaker commodity prices due to investors looking elsewhere to make a return. Therefore with the current improvement in the US economy the dollar also increases putting downward pressure on all commodities however eventually and in zinc's case sooner rather than later the individual fundamentals will take precedence over external influences such as $ strength and even Chinese growth concerns. Lets face it even if China growth drops to 6% it would still be a massive demand for zinc as zinc becomes even more significant with a rising middle class world wide namely autos whitegoods etc. So yes a stronger US $ of late has had a big impact on commodity prices.