Copper prices recover as weak dollar lends support
On Friday, copper prices recovered after a three-day plunge, bolstered by the broad weakness of the greenback. Futures tied to the base metal gained 1.12%
Dollar drops as risk appetite returns
Upbeat earnings views from Home Depot (NYSE: HD) and United Airlines and optimism around the easing of China’s crackdown on tech and COVID-19 helped lift
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Dollar drops as risk appetite returns
Upbeat earnings views from Home Depot (NYSE: HD) and United Airlines and optimism around the easing of China’s crackdown on tech and COVID-19 helped lift risk sentiment. The U.S. Dollar Currency Index, which tracks the greenback against six major currencies, was down 0.7% at 103.41, its lowest since May 6.
Dollar drops as risk appetite returns
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