A stronger dollar is negative for gold demand as it makes the metal more expensive
for holders of other currencies.
A stronger dollar makes greenback - denominated commodities more expensive
for holders of other currencies.
Shanghai aluminum, nickel and lead crept higher, but copper gave up early gains to trade slightly lower as the dollar hit a four - month high, making the metal more expensive
for holders of other currencies, and zinc slipped.
A strong dollar makes greenback - denominated oil more expensive
for holders of other currencies.
Not exact matches
Other agenda's such as cross
currency rate manipulation, supporting domestic export industries, etc. are high on the list
of priorities
for foreign
holders of US bonds.