GLOBAL MARKETS-Dollar hits 8-month high on rate views, metals fall

lunes 23 de noviembre de 2015 19:59 GYT
 

(Updates with new quote)

* Base metals prices fall again as dollar gains

* Pfizer set to buy Allergan

* Commodities index hits 13-year low before recovering

By Caroline Valetkevitch

NEW YORK, Nov 23 (Reuters) - The dollar rose to an eight-month high on Monday amid heightened expectations that the U.S. Federal Reserve might raise interest rates next month, driving down the prices of copper, gold and other metals.

World equity markets slipped, with U.S. stocks ending slightly lower in quiet trading after strong gains last week.

Worries that a buoyant dollar could discourage producers from cutting supply despite weak demand weighed on base metals prices. Copper fell to its cheapest in six months before recovering.

The dollar index, which measures the greenback against six major currencies, rose as much as 0.4 percent, touching 100.000, an eight-month high not far from this year's peak of 100.390.   Continuación...