11.03.2015 - London copper turns lower as dollar firms up
London copper sagged on Tuesday as a stronger dollar clipped the gains from short-covering in the previous session, while traders waited for signs of demand from China, the world’s top copper user, after last month’s long holiday. The dollar scaled a near 12-year peak against the euro on Tuesday, as the underlying theme of monetary policy divergence held sway, making commodities more expensive for the holders of other currencies and exacerbating price pressure after soft trade data this week cast a shadow over metals demand...............................................Full Article: Source
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