Strong Dollar, Weak Chinese Data Push Copper Down

Reuters reported that copper fell to levels not seen in three months on poor Chinese factory data and a strengthening dollar.

As quoted in the market report:

Three-month copper on the London Metal Exchange touched its lowest since November last year at $7,652 a tonne, and was $7,695.25 per tonne at 1520 GMT, down from a closing bid of $7,815 on Thursday. Prices fell more than 4 percent in February.

To view the whole Reuters report, click here.