Copper Retreats from One-Month High

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.

To view the whole Reuters report, click here.