US Dollar Index Reaches Two-Year Peak, Pressuring Copper Prices Amid Policy Outlooks

[US Dollar Index Hits Two-Year High, Copper Prices Face Resistance]

Macro side, the market expects Trump's policies to boost the US dollar, with the US dollar index continuing to hit a new high since November 2022, weighing on copper prices.

Domestically, Qiang Li emphasized during a survey in Shandong that this year efforts should continue to implement the trade-in policy for consumer goods and vigorously promote the construction of charging and battery swapping infrastructure.