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Strong dollar sends oil and gold lower; AUD declines on expected Chinese weakness

Strong dollar sends oil and gold lower; AUD declines on expected Chinese weakness
China increased gold holdings for a ninth straight month in July Oil unfazed as Ukraine sea attack Russian oil tanker didn’t lead to a major disruption Dollar supported amidst bond supply concerns; 10-year Treasury yield rises 3.8bps to 4.074% Oil Crude prices are lower following a surge in the US dollar and as Saudi Arabia […]... Read More
Posted: Aug 7 2023, 15:13
Author Name: marketpulse
Views: 022234

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