Market News

Copper price revival continues

Market News

Copper Investing News reports copper continues to rally since last week. Copper’s continuing gain this week was prompted by the dollar losing ground. The dollar hit a six-month high versus the Euro early Monday, but later reversed direction to trade slightly lower than late Friday, at $1.4743.The dollar’s slip came as a recovery in oil …

Copper Investing News reports copper continues to rally since last week.

Copper’s continuing gain this week was prompted by the dollar losing ground. The dollar hit a six-month high versus the Euro early Monday, but later reversed direction to trade slightly lower than late Friday, at $1.4743.The dollar’s slip came as a recovery in oil prices gave investors the opportunity to capitalize on the greenback’s recent rally. The Euro fell to a six-month low of $1.4645 in early Asian trade before recovering to $1.4690.

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