(31/03) METALS-Copper up, but on course for first qtrly loss since mid-2010

March 31, 2011


Base metals traded at mixed levels on the LME on Thursday morning, with a tentative dollar-based recovery losing its way as choppy conditions developed as the first quarter ends today.

The dollar retreated as the morning wore on, settling around 1.4220 against the euro, but metals were unable to sustain initial rises, with copper falling back some $50 from its $9,460 peak.

Base metals traded at mixed levels on the LME on Thursday morning, with a tentative dollar-based recovery losing its way as choppy conditions developed as the first quarter ends today.

The dollar retreated as the morning wore on, settling around 1.4220 against the euro, but metals were unable to sustain initial rises, with copper falling back some $50 from its $9,460 peak.

Base metals traded at mixed levels on the LME on Thursday morning, with a tentative dollar-based recovery losing its way as choppy conditions developed as the first quarter ends today.

The dollar retreated as the morning wore on, settling around 1.4220 against the euro, but metals were unable to sustain initial rises, with copper falling back some $50 from its $9,460 peak.

Base metals traded at mixed levels on the LME on Thursday morning, with a tentative dollar-based recovery losing its way as choppy conditions developed as the first quarter ends today.

The dollar retreated as the morning wore on, settling around 1.4220 against the euro, but metals were unable to sustain initial rises, with copper falling back some $50 from its $9,460 peak.