10.10.2014 - Copper Price Rises Most in Three Weeks on Dollar’s Drop
Copper prices rose the most in three weeks in London as the dollar’s decline enhanced the appeal of industrial metals as alternative investments. Federal Reserve policy makers maintained a pledge to keep interest rates low for a “considerable time,” and said growth “might be slower than they expected if foreign economic growth came in weaker than anticipated,” minutes of last month’s meeting showed. In the previous three days, the dollar posted the biggest drop since July 2013, against a basket of 10 currencies. Today, prices from aluminum to zinc climbed...............................................Full Article: Source
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