London copper trims losses as tight supply offsets Fed-hike bets
London copper pared earlier losses on Monday, holding onto gains from a 10-week winning streak. A softer U.S. dollar and tight availability outside the U.S. offset stronger-than-expected jobs data lifting Fed rate-hike expectations.
London copper pared earlier losses on Monday to hold onto gains from a 10-week winning streak, as a dip in the U.S. dollar and tight availability outside the U.S. offset pressure from stronger-than-expected jobs data that lifted expectations for a Federal Reserve rate hike.Three-month copper on the…