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COMEX copper closed higher, helped the dollar weaken

Release date:2018-12-29  source:文华财经  author:上海有色*  Browse times:2633
On December 28th, the COMEX copper futures closed higher on Friday, helped by the weaker dollar.

The most active March copper contract closed up 1.35 cents to $2.6815 a pound.

The dollar fell as the stock market continued its rebound and ended the week of the oscillatory movement. The US dollar index fell 0.1%, making copper cheaper for other currency holders, thereby increasing copper attractiveness.

The global stock market rallied rekindled investor interest in high-risk assets and boosted copper prices.

Key word: 于美元
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