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US Dollar Index Strengthens, LME Zinc Jumps Initially and Then Pulls Back [SMM Morning Meeting Summary]

  • feb 20, 2025, at 8:44 am
[SMM Morning Meeting Summary: US Dollar Index Strengthens, LME Zinc Jumps Initially and Then Pulls Back] Overnight, LME zinc recorded a bearish candlestick, with support provided by the 5-day moving average below. The potential impact of Trump's policies has raised concerns within the US Fed about rising inflation, pushing the US dollar index higher, and zinc prices jumped initially and then pulled back.
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