Copper price revival continues

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.

For complete story, click this link. Follow developments in resource mining and exploration for free. Sign on to the Resource Investing Newsletter.