COMMODITY
Copper futures trade lower as dollar firms after Fed rate view
Jun-21-2021

Copper futures traded lower on Monday as the dollar held near multi-month peaks against its rivals after the US Federal Reserve signalling it would raise interest rates earlier than expected. Moreover, increased fears about US inflation also adding some pressure on metal prices, but short supply capped further losses.

Copper futures for July delivery fell $0.0155 at $4.1415 a pound on the Comex metals division of New York Mercantile Exchange.

  RELATED NEWS >>