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Copper hits four-year low

Posted on 18 December 2008

From Theglobeandmail.com: Copper lost more than 4 per cent on Wednesday as demand concerns increased because of a worsening economic outlook and outweighed the benefits of a weaker U.S. dollar.

The dollar hit a two-and-a-half-month low against the euro and headed toward a 13-year low versus the yen after the U.S. Federal Reserve on Tuesday slashed interest rates to between zero and 0.25 per cent from 1 per cent….. Full Article: Source


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