Global currency markets saw notable shifts this week as the US dollar gained strength amid easing trade tensions with China, while most Asian currencies responded with gains. Meanwhile, oil prices edged higher despite ongoing supply concerns, and gold suffered its sharpest weekly drop in six months due to the stronger dollar and reduced demand for safe-haven assets. With US economic data missing expectations and speculation around Federal Reserve rate cuts growing, investors remain on edge about the trajectory of global markets.
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Currencies and Commodities React to US-China Trade Truce and Fed Outlook