Copper prices bounced on Friday, supported by a softer dollar and revisions to forecasts showing diminished supply after mine disruptions. Three-month copper on the London Metal Exchange (LME) rebounded 1% to $9,867 a metric ton by 1000 GMT after easing by 1.3% in the previous session. LME copper was set for its first decline in five weeks, slipping about 1%, after touching a two-year peak of $10,208 on Tuesday. “There’s a strong backdrop and sentiment has clearly shifted massively for copper and other metals. The question is has copper been a little over-stretched on the upside?” said WisdomTree commodity strategist ... (full story)