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NewsFlash / Zinc / US Dollar Index Strengthens, LME Zinc Decline Continues [SMM Zinc Morning Meeting Summary]
US Dollar Index Strengthens, LME Zinc Decline Continues [SMM Zinc Morning Meeting Summary]
Jan 9, 2025 08:44
Jan 9, 2025 08:44[SMM Zinc Morning Meeting Summary: US Dollar Index Strengthens, LME Zinc Decline Continues]: Overnight, LME zinc recorded a bearish candlestick, with the 5-day moving average forming resistance. LME zinc inventory decreased by 4,000 mt to 220,525 mt, a decline of 1.78%. The uncertainty of US tariff policies continues to disrupt the market, the US dollar index keeps strengthening, and zinc prices remain under pressure, with the decline in LME zinc persisting...
[SMM Zinc Morning Meeting Summary: US Dollar Index Strengthens, LME Zinc Decline Continues]: Overnight, LME zinc recorded a bearish candlestick, with the 5-day moving average forming resistance. LME zinc inventory decreased by 4,000 mt to 220,525 mt, a decline of 1.78%. The uncertainty of US tariff policies continues to disrupt the market, the US dollar index keeps strengthening, and zinc prices remain under pressure, with the decline in LME zinc persisting...
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