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Explained in plain English

Global markets feel the ripple

When the US dollar weakens, it makes dollar-denominated commodities, like oil and gold, cheaper for countries using other currencies. This can influence global trade patterns and commodity prices worldwide, affecting everything from fuel costs to manufacturing expenses across different nations.

Stories that explain this

Gold prices heading for third weekly loss on US interest rate hike bets Gold prices climb as the US dollar drops ahead of inflation data

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