CNBC's Bertha Coombs discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
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The euro rallied to a two-week high against the dollar in Asia on Friday after euro zone officials gave their financial rescue fund sweeping new powers to solve Greece's debt troubles, easing fears the country's debt crisis would spread.
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The euro rallied against the U.S. dollar in Asia on Thursday On news Germany and France had agreed a joint position on a debt bailout for Greece, fuelling hopes for real progress after so many false starts.
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The U.S. dollar held firm near a seven-week high against a basket of currencies and the euro remained on the defensive on Tuesday amid worries that the euro zone's debt crisis could spread to heavyweights like Spain that had been considered safe from contagion.
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