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The influence of the change of US dollar exchange rate on futures prices
Many futures varieties are priced in dollars, such as gold and crude oil, which directly affect the prices of other commodity futures. Therefore, normally speaking, the depreciation of the dollar is beneficial to commodities; On the contrary, the appreciation of the dollar is not good for commodities. But we can't generalize. For example, yesterday, the US dollar index was driven by gold, and crude oil rose again, but this situation will not last long.