Strong Dollar Drops Lead
Lead’s two week low is partially due to the strength of the dollar although its decline is surprising given declining inventories.
Nickel, zinc and lead futures also fell on Friday as the rising dollar weighed on the entire complex, analysts said.
Lead futures also fell tracking the complex and on a strong dollar, despite the support of falling inventories, analysts said.
Read the whole article here.
Comment |
|
Tweet |
|
All content Copright 2011 Dig Media Inc. Disclaimer
Email
Print
Reproduction Request
Fri, Sep 5, 2008
Post by Melissa Pistilli, Lead Senior Reporter