Comex copper prices failed to maintain Wednesday's gains in US morning trading on Thursday March 22 with the dollar recovering after falling under pressure from the US Federal Reserve meeting.
Copper for May settlement on the Comex division of the New York Mercantile Exchange fell 2.30 cents or 0.8% to $3.0365 per lb. The red metal saw relief yesterday after the United States central bank indicated a dovish rate hike schedule, which weighed on the dollar. But the policy board still raised rates and could do so two...