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MARKET TALK: LME Metals Moving Sideways, Lack Fresh News

Monday, Dec 11, 2006
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LME metals are moving sideways after a very quiet overnight session, watching the dollar for near-term direction. "There are few factors leading metals this morning, so we'll be keeping on eye on the dollar," a trader says. US data this week includes US trade balance due 1330 GMT Tuesday and Federal Reserve interest announcement at 1915 GMT. LME 3-month copper trades at $6,880/ton, unchanged on the Friday PM kerb.

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