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Markets

Base metals lose momentum amid strong dollar and demand concerns

viaeconomictimes.indiatimes.com53m ago
Base metals lose momentum amid strong dollar and demand concerns
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…

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