LIVE FUTURES REPORT 02/02: Comex copper weakens on strong dollar

By Dalton Barker / February 02, 2018 / www.metalbulletin.com / Article Link

Comex copper prices softened to a one-week low amid a rising dollar, which was sparked by a strong US jobs report.

Copper for March settlement on the Comex division of the New York Mercantile Exchange fell 3.40 cents or 1.1% to $3.1640 per lb. "We continue to like copper as global concerted growth is likely to support the red metal enough to maintain its bullish uptrend," Metal Bulletin analyst Andy Farida said."Despite the choppy price action, dips...

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