US Dollar Index Rises from Low, LME Zinc Stays High [SMM Zinc Morning Meeting Summary]
[SMM Zinc Morning Brief: US Dollar Index Rose from Lows, LME Zinc Stays High]: Last Friday, LME zinc opened at $3,616.5/mt. After opening, LME zinc drifted higher, touching a high of $3,637.5/mt before pulling back all the way. Near the night session, LME zinc dipped to a low of $3,580/mt. Then LME zinc rebounded from the low to near the daily average line, finally settling at $3,611.5/mt, down $4.5/mt or 0.12%. Trading volume decreased to 12,329 lots, and open interest fell by 469 lots to 268,000 lots...