| From Fxstreet.com: Copper futures fell to their lowest levels of the year Monday amid worries that the bank-bailout package in the U.S. won't be enough to halt a reeling economy and amid renewed financial worries in Europe, traders and analysts said.
Most-active December copper fell 16.80 cents to settle at $2.9065 per pound on the Comex division of the New York Mercantile Exchange. The contract hit a low of $2.9010 that was its weakest level since Dec. 18. London prices fell sharply overnight, and a number of analyst in the U.S. and Europe cited the stronger dollar, weaker global stock bourses and problems reported at European financial institutions..... Full Article: Source
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