Wednesday, May 16, 2018

REFILE-UPDATE 1-METALS-Copper struggles as dollar hovers near five-month peak

(Corrects to add dropped word 'percent' in paragraph 2) By Manolo Serapio Jr MANILA, May 16 (Reuters) - London copper futures struggled to recover on Wednesday after a two-day slide as the U.S. dollar hovered near a five-month high versus a basket of major currencies following a surge in Treasury yields. Three-month copper on the London Metal Exchange edged up 0.4 percent to $6,838 per tonne by 0730 GMT. Prices of base metals could stay trapped in narrow ranges, said INTL FCSton

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