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A Stronger US Dollar Did not Help Commodities

A Stronger US Dollar Did not Help Commodities

According to the latest data, the US dollar has strengthened thanks to haven demand for Wall Street’s US dollar assets. However, a stronger USD didn’t help commodities. The Australian dollar

China commodity imports are dropping

China commodity imports are dropping

China’s imports of commodities decreased in August as the buying spree in copper and oil significantly reduced, and high prices for iron ore witnessed about 11% loss from July’s high.

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