LIVE FUTURES REPORT 17/06: zinc down 3.7%, high US dollar drags down LME complex

The whole London Metal Exchange complex fell on Thursday June 17 due to a high US dollar, with zinc and lead the hardest hit.

The US Dollar Index touched 91.93 on Thursday, its highest level since April 13. This followed a more hawkish view expressed by the US Federal Reserve regarding inflation and interest rates, delivered on June 17.
The three-month price of zinc fell the furthest, to $2,911.50 per tonne from Wednesday’s close of $3,024 per tonne. 

Zinc's intraday low of...

Published

Ana de Liz

June 17, 2021

16:40 GMT