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Copper futures trade lower on Monday

29 Jun 2026 Evaluate
Copper futures are trading lower on Monday as expectations of tighter US Federal Reserve policy and a rising American currency continued to weigh on the outlook for industrial metals demand, while investors are awaiting the latest US monthly jobs report later this week for fresh clues on labor market strength and the Fed's policy path. Market participants are also cautious following a new cycle of military strikes and retaliatory attacks between the US and Iran near the Strait of Hormuz

Copper futures for September delivery fell $0.0230 or 0.37% at $6.1840 a pound on the Comex metals division of New York Mercantile Exchange.

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