Copper wavers at one-week low

Copper prices wavered on Friday ahead of the weekend, trading near a one-week low amid wavering in the dollar and commodity markets, with the industrial metal nearing a weekly loss.
 
Copper last traded at $2.605 a pound, compared to the opening of $2.612, with an intraday high at $2.623, and a low at $2.589.
 
Copper's wavering comes after falling this week, as copper is impacted by Donald Trump's new policy positions and how vague they are, while gold wavers as well.
 
On the other hand, the dollar wavered today as markets await U.S. president Donald Trump's inauguration speech, specially after Trump ignored mentioning his stimulus plans in his last press conference.
 
The dollar index, tracking the greenback against a basket of currencies, rose to 101.25 from the opening of 101.16, with an intraday low at 100.83, and a high at 101.49, with the index heading for a weekly loss despite paring most losses.