Copper settles higher as dollar falls off seven-week high
Economies.com
2018-10-10 13:48PM UTC
Copper futures tilted higher in American trade while the dollar index backed off August 20 highs, following earlier inflation data from the US.
As of 01:39 GMT, copper futures due in December rose 0.27% to $281.40 a pound, while the dollar index shed 0.10% to 95.57 away from seven-week highs.
Earlier US data showed producer prices rose 0.2% as expected in September, compared to a 0.1% dip in August, while core prices rose 0.2% as well, matching estimates. .
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