Copper Rises, Snapping Longest Slump Since 1995, as Dollar Drops
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Copper futures rose, snapping the longest slump in 18 years, as the dollar’s decline boosted the investment appeal of commodities.
The greenback fell for the second straight day against a basket of 10 major counterparts as some emerging-market currencies advanced. The Standard & Poor’s GSCI Spot Index of 24 raw materials headed for the biggest gain in a week.