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Base metals lose momentum amid strong dollar and demand concerns

来源:The Economic Times · 印度 2 小时前
Base metals lose momentum amid strong dollar and demand concerns
The Economic Times

详细摘要

One of the key reasons behind the weakness in base metals is the strength of the US dollar. The Dollar Index (DXY) has climbed to the 103-104 range, supported by resilient US economic data, elevated Treasury yields, and expectations that the Federal Reserve may keep interest rates relatively restrictive for longer.

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