Copper rises as dollar continues to fall

Copper prices rose today, as the dollar pressures on metals eased, as it fell against most major currencies, as trade tensions around the world intensified.

Wich comes as trade negotiations between the United States and China continued for multiple rounds, whilst no final agreement has been announced to end imports' tariffs from both countries.

News agencies quoted Trump threatening to impose $11 billion in tariffs on his country's imports of European goods.

This comes in response to the continued support of the European Union to Airbus to give it higher competitive advantages at the expense of Boeing.

Separately, by 14:01 GMT, the dollar index (against a basket of major currencies) fell by 0.1% to 96.9, reaching a high of 97.09 and a low of 96.8.

Meanwhile, by 14:01 GMT, copper prices (May delivery) rose by 0.2% to $2.93 per pound, the metal recorded the highest price of the day at $2.96 and the lowest price at $2.92.