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Reuters reported that copper skirted a one-month high, but then retreated against a rising dollar.
Reuters reported that copper skirted a one-month high, but then retreated against a rising dollar.
As quoted in the market report:
There’s a bit of trepidation ahead of the Fed but(overall) the investor community is short copper. With a more dovish tone from the Fed we could see a bit more of that short covering,” said Credit Suisse analyst Tom Kendall.
