Materials Fall As Dollar Rises - Materials Roundup
February 07 2017 - 4:51PM
Dow Jones News
Shares of miners and other commodities producers declined as the
dollar rose. Traders said the dollar's strength derived from recent
hints dropped by Federal Reserve officials that a March rate hike
is in the cards. Gold futures hovered around a three-month high
amid political uncertainty in the U.S., where President Donald
Trump is trying to push his "travel ban" through the courts, and
Europe, where French anti-euro presidential candidate Marine Le Pen
remained strong in polls.
-Rob Curran, rob.curran@dowjones.com
(END) Dow Jones Newswires
February 07, 2017 16:36 ET (21:36 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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