Zinc Dropped As Pressure Seen After Higher Dollar Ahead - Dollar Advisory | Best Commodity Tips Provider

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Wednesday 15 March 2017

Zinc Dropped As Pressure Seen After Higher Dollar Ahead

Zinc trading range for the day is 173.8-185.4.
Zinc dropped as pressure seen after higher dollar ahead of Wednesday's decision on U.S. interest rates by the Federal Reserve created pressure.

Prices dropped despite China issued a raft of upbeat data showing the economy got off to a strong start to 2017, supported by strong bank lending.

Trader are eyeing on China as China historically been a major importer of zinc concentrates to top up domestic supply to its smelters.

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