iconApr 7, 2024 08:18
Source:SMM
【April 5th LME closing: Metals rise and fall, non-farm data boosts the dollar and drags down copper prices, but copper prices surged by 5% this week】London copper futures fell on Friday, retreating from a 14-month high set in the previous trading session, as U.S. job growth in March exceeded expectations, potentially delaying expected interest rate cuts in the U.S. this year and thus boosting the dollar. London copper futures touched $9,397.5 on Thursday, the highest since January 2023.

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