Buyer decreases with the rise of the dollar despite the fear of lack of production in mine

The price of buyer has dropped after it achieved the biggest weekly profits in a year, with the rise of the dollar against the yen and the euro, amid political turmoil in Japan and France. Future contracts for the metal on the London Metal Stock Exchange fell 0.9% on Monday to eradicate its previous profits. The dollar has risen after the news of the resignation of the French Prime Minister and the almost certain possibility that a candidate in support of economic motivation has taken the position of Japan’s new prime minister, and the dollar usually prints the prices of initial goods such as buyer, making it the highest cost for those who buy it in other currencies. However, the sector lacks supplies due to the disorders in the big mines, including Grasberg, the second largest mine in the world, in Indonesia. And “Fribport McMuran” announced the case of the Force Major in the operations last month after flooding the underground tunnels was flooded, and it also reduced production forecasts. Despite the closure, the US economic data is awaiting, and attention will be in US economic statements later in the week, including unemployment benefits and an indication of inflation expectations, despite the possibility of its release due to the continued closure of the government in the United States. Also read: Political stalwarts are hindering the work of the US Congress amid the continued closing of the government, and the president of the US Federal Reserve in Dallas, Lori Logan, said on Friday that the central bank is not yet far from its target for inflation, compared to maximum employment and confirms that bank officials must be careful in decisions. The facilitation of monetary policy usually benefits the assets that do not produce returns, such as copper, while leading to the fall in the dollar in which its prices are raised. The risk of a sharp rise in commodity prices, Christopher Limina, an analyst at ‘Geoffrez Financial Group’, in a memorandum that the federal reserve course is the interest rate, despite the relative strength of the economy, is expected to support high commodity prices, and despite the fact that there is a sharp inflation of primary commodity prices. Ton at 09:55 in London, and other minerals, their prices were completed or a slight decline recorded.

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