The Indian currency rupee breached the Rs 78 mark against the dollar for the first time ever on Monday, hitting a new lifetime low against the US dollar.
London copper prices crept lower on Thursday ahead of a monetary policy decision by the European Central Bank, although better-than-expected economic data out of top consumer China raised hopes of a.
Shanghai copper prices rose on Thursday
as the lifting of COVID-19 curbs in top metals consumer China
buoyed hopes of demand recovery, although a stronger U.S. dollar
limited the upside. . | June 2, 2022
Copper prices slipped on Tuesday after scaling to a 2-1/2-week high in the previous session, as rising COVID-19 cases and lockdowns in top consumer China stoked demand worries, although a pullback in the U.S. dollar limited losses. Benchmark three-month copper CMCU3 on the London Metal Exchange (LME) was down 0.9% at $9,466 a tonne, as .
Copper prices slipped on Wednesday, as bets of big U.S. rate hikes following hawkish comments from Federal Reserve officials, and a recent batch of weak…