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Dollar Strengthens as Hawkish Fed Bets Pressure Gold, Silver and Oil
Global forex and commodity markets are turning increasingly defensive as stronger US economic data and rising expectations of a more hawkish Federal Reserve continue fueling broad US Dollar strength. Precious metals remain under pressure, oil prices are softening despite lingering geopolitical tensions in the Middle East, and commodity-linked currencies such as the Canadian Dollar are struggling against renewed USD momentum as traders reprice interest rate expectations. WTI crude oil is holding losses near the $97.50 level as shipping activity through the Strait of Hormuz resumes, easing immediate supply disruption ... (full story)
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- May 15, 2026 1:25am Posted byFundamental Analysis15,528
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