METALS-Copper prices slip after U.S. inflation boosts dollar - NewsBreak
By Martin in Business
Updated 2 years ago
LONDON, Nov 12 (Reuters) - Copper prices lost ground on Friday as the dollar was underpinned by rising bets by investors the U.S Federal Reserve would tighten monetary policy faster than expected. A surprisingly strong reading of U.S. inflation this week boosted the dollar to its highest since July 2020,...