December 8, 2022

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Copper futures eye 4.000 support

1 min read

Copper can weaken further

Copper has been pressured by the stronger dollar on the Fed’s shift from last week and news that China is prepared to use its stockpiles in copper to prevent inflation rising too fast for producers (and eventually risk that being passed on to consumers). Next support is at 4.000.

Copper can weaken further

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