Copper prices are under pressure this morning and have fallen further away from Tuesday's high for the move. Some traders feel that optimism toward Chinese copper demand appears to have waned slightly this week and adverse currency market action may be the main source of weakness during today's session. As in a number of other metals markets, many in the market feel that copper would need positive US economic data this morning in order to turn prices around to the upside. LME Copper Stocks fell again this morning and are now at the lowest levels since November 23rd of 2010.
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