Copper Prices Surge to 6-Month High on Trump Tariff Bets and Dollar Weakness
Copper prices soared to a near six-month peak on Tuesday, fueled by speculative buying tied to potential U.S. tariffs and a weaker dollar, with traders capitalizing on widening arbitrage opportunities between global markets. Key Developments:Dollar Softens: A weaker dollar (.DXY), driven by falling U.S. consumer confidence, amplified gains for dollar-priced commodities. Market Drivers: Trump’s Tariff […]