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Stronger US dollar weighs on copper ahead of crucial geopolitical events
Copper prices fell on Monday due to a stronger dollar and uncertainty ahead of a crucial event for the outlook for U.S. interest rates and a meeting between U.S. President Donald Trump and his Ukrainian counterpart Volodymyr Zelenskiy. Three-month copper on the London Metal Exchange lost 0.3% to $9,742.50 a metric ton by 1002 GMT. “The week has begun with a cautious tone for base metals as the markets await the Trump-Zelenskiy meeting as well as any interest rate signals from the Fed’s Jackson Hole meetings,” said Ewa Manthey, commodities strategist at ING. After meeting Russian President Vladimir Putin on ... (full story)
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- Aug 18, 2025 7:34am Posted byFundamental Analysis214
