RTOB: ECB, Commodities & The Dollar

Random
Thoughts
Of
Brilliance

Is the European Central Bank's (ECB) current reluctance to cut interest rates (and thereby indirectly provide support for a stronger Euro currency relative to the U.S. dollar) providing a floor/relative strong upside SUPPORT to U.S. dollar-denominated commodity prices (including crude oil, gold, steel, copper, etc.)?

Even DURING a U.S. recession, do commodity stocks remain FIRMLY in the 'buyable on a '15%+ dip' camp until the U.S. dollar STOPS sliding relative to the Euro??

Full Disclosure: Thinking out loud