SHANGHAI, April 15 (SMM) -- The US dollar remained weak, as the Federal Reserve reiterated its low interest rate policy, helping the US dollar index move between 80.03-80.18. In this context, LME copper prices stayed high, but still failed to climb above USD 8,000/mt. The LME copper market overnight reached as high as USD 7,982/mt, and closed at USD 7,955/mt, up USD 15/mt.
Today, China will release GDP and other important economic data. If GDP is as strong as expected, copper prices will likely advance above USD 8,000/mt.
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