SMM Lead Morning Brief: US Dollar Index Rallies, Driving LME Lead Prices Down 1.89%

SMM Lead Morning Brief: US Dollar Index Rallies, Both Indices Close Lower

SMM March 21: Overnight, LME lead opened at $2,089.5/mt, briefly touched a high of $2,095.5/mt before fluctuating downward. As the US dollar index rallied strongly, LME lead continued to weaken after entering the European session, dropping to a low of $2,048.5/mt near the close, and finally settled at $2,049.5/mt, down 1.89%.