Comex copper prices continued their downtrend on the last trading day of the week despite the dollar softening.
Copper for July settlement on the Comex division of the New York Mercantile Exchange dipped 0.10 cents or 0.1% to $3.0205 per lb. The contract is now on a seven-day losing streak. "We have a bullish outlook on copper. We have a hypothetical long position in copper that we initiated at the start of 2017," Metal Bulletin analyst Boris Mikanikrezai said. "We...