Copper edges higher on U.S. stimulus hopes, weaker dollar

Capt. John

Copper prices rose on Monday, as a weaker dollar made greenback-priced metals more appealing to holders of other currencies and as investors hoped for further U.S. stimulus. Three-month copper on the London Metal Exchange rose 0.1% to $8,007 a tonne by 0703 GMT, while the most-traded March copper contract on the Shanghai Futures Exchange closed …

The post Copper edges higher on U.S. stimulus hopes, weaker dollar first appeared on Hellenic Shipping News Worldwide.

Author: Capt. John

https://www.hellenicshippingnews.com/copper-edges-higher-on-u-s-stimulus-hopes-weaker-dollar/

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