![Aluminium Slid Due To A Stronger Dollar Despite Stronger-Than-Anticipated US Job Data](https://market-tracker.in/wp-content/uploads/2023/06/aluminiumcoil.jpg)
Aluminium Slid Due To A Stronger Dollar Despite Stronger-Than-Anticipated US Job Data
Due to yesterday’s higher dollar, better-than-expected US job data, and inconsistent trade data from China, the country’s top metals consumer, aluminium slid 2.5% to 235.6. The US economy produced significantly more jobs last month than anticipated, according to data, which raised the dollar and suggested that the Federal Reserve would postpone starting its easing cycle…