Correlation between USD and Copper
If we're truly in a weaker USD cycle, copper is likely to get a natural tailwind from just the fall in the currency.
That's when you don't take into account the supple conditions and the expected demand growth for copper due to OBOR, global growth and potential Trump infrastructure spend.
That's when you don't take into account the supple conditions and the expected demand growth for copper due to OBOR, global growth and potential Trump infrastructure spend.
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