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Copper Advances as Dollar Weakens

Original · Hellenic Shipping News Worldwide · 2d ago
Copper futures climbed toward $6.60 per pound on Friday, snapping a three-session losing streak as the US dollar weakened amid concerns over a potential slowdown in the AI capital expenditure boom that has supported the American economy and financial markets. A softer dollar makes greenback-denominated commodities such as copper more affordable for overseas buyers, helping ...

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