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Macro Finance

Copper Retreats as Oil Rally, Stronger Dollar Weigh on Metals

Bloomberg Markets·October 1, 2026·1 min read

Copper retreated as upswings in oil prices and the US dollar weighed on metals, while traders assessed a shifting supply outlook. The decline reflects broader market pressure from higher energy costs and a stronger dollar, which typically dampen demand for dollar-denominated commodities.

Read at Bloomberg Markets
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