[MARKET ANALYSIS] Crude and metal prices remain lifted following recent dollar pressure

WTI/Brent: WTI Mar'26 +0.3% / Brent Apr'26 +0.2%

• Oil futures remained afloat and took a breather after rallying throughout the prior session despite the absence of any major energy-specific catalysts, although the moves coincided with a weaker dollar and weather-related output disruptions, while the latest weekly private sector inventory data was mixed and had little impact on price action.

Gold: +0.8%

• Extended on record highs and climbed above the USD 5,200/oz level for the first time, with a weaker greenback and recent uncertainty supporting demand for the precious metal.

Copper: +0.9%

• Copper prices are higher amid the mostly constructive mood, but are off today's best levels as markets brace for upcoming key risk events.

Crude and metal prices are benefiting from recent dollar weakness, which tends to support commodities priced in USD. The upward pressure, particularly on oil and gold, signals a constructive environment amidst economic uncertainty and potential weather-related disruptions. Traders should watch for how these movements interact with upcoming market events, as they could influence sentiment further.