Copper hits two-week high as dollar plumbs one-month low

Copper futures rose for the seventh session in a row to the highest since November 6, as the dollar index dipped for the fourth session to the lowest since October 19, ahead of US services data later today. 

As of 03:36 GMT, copper futures due on March 12 rose 0.55% to $317.65 a pound from the opening of $315.90, while the dollar index shed 0.42% to 92.83 from the opening of 93.22. 

Now markets await the preliminary reading for the Services PMI for November, expected to rise to 55.5 from 55.3 in October, amid low market liquidity due to the US Thanksgiving holiday.