Copper climbs from eight-week low

Copper prices rose on Friday away from an eight-week high touched yesterday, as the dollar rebounded against a basket of currencies despite upbeat U.S. jobs data.
 
Copper last traded at $2.598 a pound, up from the opening of $2.580, with an intraday high at $2.615, and a low at $2.574.
 
Copper's earlier drop comes amid expectations of a Fed rate hike next week, with a negative impact on commodities as investments move to banks.
 
Copper rebounded today as the dollar sharpened its decline against a basket of currencies despite stellar U.S. employment data, in turn buoying the industrial metal from an eight-week trough.
 
The dollar index, tracking the greenback against an array of six major rivals, fell to 101.72 from the opening of 102.01, with an intraday high at 101.49, and a low at 102.03.