Brent crude falls below $106/barrel, gold dips on rate cut expectations

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Published: 2 hours ago

Brent crude oil declined after reaching $106 per barrel while gold prices dropped as markets reduced expectations for central bank rate cuts. The commodity selloff reflects changing monetary policy outlook and risk sentiment shifts. Commodity-linked currencies including CAD, AUD, and NZD face pressure from lower oil and gold prices. USD strength from reduced rate cut bets creates additional headwinds for commodity currencies and emerging market pairs.

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@yokoyi - 2 hours ago

refreshing