Copper, zinc slide as strong dollar pressures industrial metals
Copper and zinc fell as a strong dollar and fears of interest rates staying higher for longer weighed on industrial metals. Three-month LME benchmark copper was down 0.99% at $14,133.5/ton by 0300 GMT.
By Solomon CefaiCopper and zinc fell on Wednesday, as a strong dollar and fears of interest rates staying higher for longer weighed on the wider industrial metals complex.Benchmark three-month copper LME:CA1! on the London Metal Exchange was down 0.99% at $14,133.5 a metric ton by 0300 GMT.
The mos…