SHANGHAI, Jul. 30 (SMM) – Base metal prices on the SHFE are expected to be weighed on by a strong dollar on Jul. 30, Shanghai Metals Market foresees.
“The dollar strengthened ahead of the US Federal Reserve’s meeting result, which was in line with market expectations, and a strong dollar will pressure base metal prices today,” SMM Says.
Note: All prices above are forecasts for most actively-traded contracts on each market.
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