LIVE FUTURES REPORT 09/02: LME copper, aluminium, nickel up on weaker dollar

Base-metal prices on the London Metal Exchange rose across the board on Tuesday February 9, with copper showing the most marked increase of 1.4%, given the continued fall of the US Dollar Index.

Meanwhile, attention to the Chinese New Year holiday, February 11-17, seemed to be taking a back seat.
The Dollar Index came to 90.55 on Tuesday at 5pm, having bottomed at 90.50 throughout trading, its lowest readings since the last week of January.
"Today's decline in the general index is particularly sharp, and we have now fallen back below former resistance at 91, in effect rolling back all of February's gains," ED&F Man's Edward Meir said.

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