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Aluminium falls as dollar firms; Mideast war underpins weekly gain
Aluminium fell on Friday, snapping a three-day run of gains, as the dollar strengthened on fading prospects for more U.S. rate cuts, although shipping disruption in the war-hit Middle East kept the metal on course for a weekly rise. Benchmark three-month aluminium on the London Metal Exchange was down 1.7% at $3,458 per metric ton as of 1030 GMT. It was still set to end the week up 0.3% after hitting a nearly four-year high on Thursday, having notched a 10% leap last week. “The biggest moving part there is the dollar,” said Panmure Liberum analyst Tom Price. The greenback rose to a more than three-month high on ... (full story)
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From tradersunion.com | Mar 13, 2026
Platinum has returned into a more fragile part of the chart after the movement we saw earlier in the week. The drop below the low $2,100 area has shifted the near-term structure lower again, with the market now trading much closer to support than resistance and momentum no longer showing the steadier tone that appeared during the brief bounce.The first area ...
