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Copper Holds Losses as Dollar and Hawkish Fed Pressure Metals

Copper Holds Losses as Dollar and Hawkish Fed Pressure Metals
Bloomberg Markets Wednesday 24 June 2026, 03:30 UTC By Winnie Zhu 1 min read
Key Points

Commodities Copper Holds Losses as Dollar and Hawkish Fed Pressure Metals Copper and industrial metals largely held Tuesday’s slump as a stronger dollar and the Federal Reserve’s hawkish stance weighed on the demand outlook. Copper was slightly higher on the London Metal Exchange, after losing 2% on Tuesday as a bearish turn in equity markets weighed on sentiment. The likelihood of higher rates to counter inflation is an anchor on all risk assets, while a rising dollar compounds the impact...

Commodities Copper Holds Losses as Dollar and Hawkish Fed Pressure Metals Copper and industrial metals largely held Tuesday’s slump as a stronger dollar and the Federal Reserve’s hawkish stance weighed on the demand outlook. Copper was slightly higher on the London Metal Exchange, after losing 2% on Tuesday as a bearish turn in equity markets weighed on sentiment. The likelihood of higher rates to counter inflation is an anchor on all risk assets, while a rising dollar compounds the impact on commodities priced in the greenback.
Copper Holds Losses as Dollar (ORG) Fed Pressure Metals Commodities Copper Holds (ORG) Fed Pressure Metals Copper (ORG) the Federal Reserve’s (ORG) the London Metal Exchange (ORG)
Originally published by Bloomberg Markets Read original →

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