Nevada Copper Corp NEVDQ

it's all connected, Quin.

[bogfit]

"Three-month copper on the London Metal Exchange (LME) fell 0.8% to $8,466.5 a metric ton by 1727 GMT after touching its lowest since Jan. 24 at $8,454.

The dollar index jumped after data showed that U.S. employers added far more jobs than expected in January. A stronger dollar makes dollar-priced metals more expensive for buyers using other currencies.

The price of copper, used in power and construction, was down 0.9% over the week, with a tightening supply outlook overshadowed by the U.S. Federal Reserve pushing back on the idea of an interest rate cut as early as March.

"We remain positive on copper following the supply downgrades that were announced in the fourth quarter and have tightened 2024 balances," said Standard Chartered analyst Sudakshina Unnikrishnan.

"However, demand concerns remain, with ongoing worries over China's real estate sector and the trajectory of Fed policy."

METALS-Copper falls under pressure from dollar growth (msn.com)

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