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Copper Hits One-Week High

The dollar was falling 0.5% against the euro at EUR 0.69939, with the European Central Bank widely expected to raise its key interest rate by 25 basis points.

ProShares UltraShort Yen (YCS) was rising 1.1% to $17.09, PowerShares DB US Dollar Index Bearish (UDN) was up 0.5% to $28.32 and CurrencyShares Euro Trust (FXE) was 0.8% higher at $142.85.

U.S. Treasuries were falling on speculation that the Federal Reserve could tighten monetary policy by year-end, along with an influential investor's criticism of government bond yields and rumors that the Fed is draining its reserves.

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LIWA $0.01 0.00%
COPX $7.21 0.00%
FCX $20.67 0.00%
JJC $33.42 0.00%
SCCO $30.00 0.00%


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