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Base metal prices to trade mixed today: Sushil Finance
Source: IRIS | 17 Sep, 2014, 11.53AM
Rating: NAN / 5 stars.
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Sushil Finance expects base metal prices to trade mostly on the mixed note. Higher supplies and weak dollar are likely to keep prices volatile.

Copper rose more than 1% on Tuesday helped by a weak dollar as the Federal Reserve began a two-day meeting that could adjust expectations about how soon the U.S. central bank will hike interest rates.

The dollar hit a session low versus the euro and the yen, with traders citing a Wall Street Journal report that the Fed will stick to near zero rate language, countering earlier speculation that it bring forward the rate rise timetable.

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