Copper prices are seen recovering from a near 20-month low as dollar takes a breather after shooting to fresh two-decade highs during the week. The dollar index, which climbed to a fresh 20-year high at 107.26, is currently down nearly 0.20% at 106.68. Nevertheless, resounding worries of global recession coupled with China fighting nascent COVID-19 flare-ups across the country with mass testing and fresh restrictions is likely to cap gains in the red metal. COMEX copper is currently higher by 1.40% at $3.48 per pound. Powered by Commodity Insights
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