04.12.2015 - Copper Prices Pull Higher as Dollar Slips
Copper prices rose Thursday on support from a weaker dollar and as investors continued to weigh the outlook for supply following recent cuts by Chinese producers. The most actively traded contract, for March delivery, was recently trading 0.85 cents, or 0.4%, higher at $2.0410 a pound on the Comex division of the New York Mercantile Exchange. Copper prices rebounded from one-week lows hit Wednesday as a weaker dollar reanimated some trader interest in the industrial metal. The ICE Dollar Index, which tracks the buck against a basket of other currencies, was recently at 98.32 versus 100.47 earlier...............................................Full Article: Source
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