OZL 0.00% $26.44 oz minerals limited

It will be interesting to see how copper prices go tonight in US...

  1. 1,126 Posts.

    It will be interesting to see how copper prices go tonight in US after the statement tonight in US -- see article:


    June 23 (Bloomberg) -- Copper prices rose in New York as the dollar weakened on speculation that the Federal Reserve will damp rate-increase expectations tomorrow.

    Copper futures for September delivery jumped 5.1 cents, or 2.4 percent, to $2.195 a pound at 8:13 a.m. on the New York Mercantile Exchange’s Comex unit. The U.S. Dollar Index, a six- currency gauge, declined as much as 0.6 percent. Fed policy makers begin a two-day meeting today, with a statement on current economic and financial conditions expected tomorrow.
 
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