Copper Falls Amid Dollar Rebound, Weighing on Industrial Metals
Copper prices declined on Wednesday, pressured by a resurgent US dollar, which also impacted the broader industrial metals complex. Benchmark three-month copper on the London Metal Exchange was down 0.53% at $14,338 a metric ton.
Copper prices fell on Wednesday as a rebound in the US dollar pressured the wider industrial metals complex. Benchmark three-month copper LME:CA1! 53% at $14,338 a metric ton by 0700 GMT. The dollar index TVC:DXY also firmed, weighing on industrial metals.