Industry metals responded positively to global easing policies on Thursday but appreciating US Dollar finally outweighed central bank's stimulus and sent the commodity pack lower.
Aluminum fell by 2% amid stronger greenback on Thursday; however, expectations for improving demand after the ECB and PBOC eased their monetary policies may support the metal in the nearest term.
Copper price decreased despite potential boost in demand after central banks of the Eurozone and China reduced key interest rates.
Nickel declined despite potential supply restriction after Australia imposed minerals tax. Meanwhile, expected soar in demand on better borrowing conditions also may stimulate price increase.
Zinc tumbled as increasing Spanish borrowing costs at Thursday's auction lingered worries about the health of the Eurozone's economy.