2025-02-26 20:46
Industrycommodity prices
#FedRateCutAffectsDollarTrend
A weaker dollar makes commodities like oil and gold cheaper for foreign buyers, increasing demand for these commodities. Since they’re priced in dollars, higher demand for them further weakens the dollar as more currency is needed for purchases.
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commodity prices
United Kingdom | 2025-02-26 20:46#FedRateCutAffectsDollarTrend
A weaker dollar makes commodities like oil and gold cheaper for foreign buyers, increasing demand for these commodities. Since they’re priced in dollars, higher demand for them further weakens the dollar as more currency is needed for purchases.
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