CLOSE TO CLOSE: LME copper price ends 3% lower, euro ‘falls out of bed’ on Fed comments

Apr 04, 2012 | 12:36 PM |

Copper prices sank to fresh intraday lows in kerb trading on the London Metal Exchange on Wednesday April 4 as risk appetite wilted following statements from Federal Reserve chairman Ben Bernanke a day earlier. The three-month copper price closed at an intraday low of $8,350 per tonne, down 3% from its previous close as positions in risky asset classes were trimmed after Bernanke signalled....

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