Fundamental: Base Metals Closed Mixed as US Dollar Weakened against Euro on Eased German Inflation

LME and SHFE base metals closed mixed last night. On the macro front, the dollar fell to its lowest level against the euro in a week on Thursday as data showed that inflation in Germany eased, boosting the euro. Concerns about the banking sector eased, sending the U.S. dollar index lower. Copper: LME copper prices closed at $9,001/mt last evening, up 0.23%. ...     Alert Mar 31, 2023, 10:15am Fundamental: Base Metals Closed Mixed as US Dollar Weakened against Euro on Eased German Inflation LME and SHFE base metals closed mixed last night. On the macro front, the dollar fell to its lowest level against the euro in a week on Thursday as data showed that inflation in Germany eased, boosting the euro. Concerns about the banking sector eased, sending the U.S. dollar index lower. Copper: LME copper prices closed at $9,001/mt last evening, up 0.23%. ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support