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What futures are good when the dollar breaks 7?
What futures are good when the dollar breaks 7? Recently, due to the fear that the Federal Reserve will raise interest rates sharply again, the exchange rate of the US dollar has strengthened rapidly, the major stock indexes in Europe and America have all fallen, and the RMB exchange rate has broken 7. In addition, investors are still uneasy about the demand prospect, and the non-ferrous metal futures on the outer disk are under pressure.

On Thursday, September 15, metals on the London Metal Exchange (LME) generally fell, as the market worried that the gloomy global economic outlook would limit the demand for metals. As of the close of the evening, LME copper futures reported 77 1 1.5 USD/ton, down 0.57%, while LME aluminum futures reported 23 1.34%.

Copper is regarded as a barometer of economic activity. Worried that the global economic slowdown or even recession may weaken the demand for metals, copper prices have fluctuated downward this year, and have fallen by 20.7% so far, down 28.9% from the historical peak set in March. The following is the trend chart of spot copper in China. At present, under the policy disturbance of the Federal Reserve, the US dollar has become an important indicator affecting the commodity market, especially the trend of major varieties such as copper and aluminum. A stronger dollar is not good for metals, because metals denominated in dollars are more expensive for buyers holding other currencies.