Sunday, April 15, 2012

Copper Futures End Flat - WSJ.com

Copper Futures End Flat - WSJ.com


NEW YORK—Copper prices ended unchanged as a weaker dollar counterbalanced the damping impact of China's central bank raising its benchmark interest rates.
The most actively traded contract, for March delivery, settled at $4.5740 per pound, down 0.1 cent, on the Comex division of the New York Mercantile Exchange. The thinly traded February-delivery contract settled nearly unchanged at $4.5680 per pound, up 0.05 cent.
Copper prices rallied alongside the euro in late-morning trade. The euro was recently at $1.3648, up from $1.3583 late Monday.
"As copper has been heading up, the dollar has been heading down, and ...

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