Copper futures are lower on the London Metal Exchange, trading down 0.8% at $4,513/ton, as a stronger dollar weighs on demand for the industrial metal. Better-than-expected employment data out of the U.S. and a hawkish speech by Fed chairwoman Janet Yellen spurred the dollar higher. The WSJ Dollar Index is last up 0.22% at 90.88 and copper hit a seven-day low earlier in the session at $4,513/ton. Additionally, the recent announcement by Chinese metal producers to cut output is failing to provide any support as the timing of the moves remain uncertain and have been priced in, say traders.
For full article: http://www.metalprices.com/news/article/DN/20151203004297/dj-copper-falls-on-dollar-headwinds–market-talk
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