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Copper futures trade higher on weaker dollar

21 Apr 2025 Evaluate

Copper futures were trading higher on Monday as the US dollar weakened against its major peers overseas amid anxieties over tariffs & President Trump's criticism of the Federal Reserve. U.S. President Donald Trump launched a series of attacks against Federal Reserve Chair Jerome Powell, accusing Jerome Powell of ‘playing politics’ by not cutting interest rates.

Copper futures for May delivery gained $0.0010 or 0.02% at $4.7400 a pound on the Comex metals division of New York Mercantile Exchange.