BLBG: Copper Gains in N.Y. as Economic Outlook Improves, Dollar Slips
By Ted Bunker
Oct. 19 (Bloomberg) -- Copper prices rose in New York after the Bank of Japan reported improving economic conditions throughout the country and the dollar weakened.
Copper futures for December delivery advanced 3.45 cents, or 1.2 percent, to $2.88 a pound at 8:12 a.m. on the New York Mercantile Exchange’s Comex unit. The U.S. Dollar Index, a six- currency gauge of the greenback’s strength, slipped as much as 0.3 percent.
