The
euro climbed to a three-month high against the yen and reversed losses versus
the dollar. The greenback declined against most of its 16 major counterparts.
Copper
rose for a second day as European governments agreed on a second bailout for Greece.
Zinc, lead and nickel advanced.
Three-month
copper climbed as much as 1.6 percent to $8,364.75 a
metric ton and traded at $8,350. May-delivery copper on the Comex
gained 2.2 percent to $3.7965 a pound, while the
most-active contract on the Shanghai Futures Exchange closed 1.2 percent higher at 60,050 yuan
($9,535) a ton.
Greece
won a second bailout after European governments as finance ministers awarded
130 billion euros ($173 billion) in aid, engineered the central-bank profits
transfer and coaxed investors into providing more debt relief in an exchange
offer meant to tide Greece past a bond redemption next
month.
Refined
copper imports by China fell 18 percent to 335,480
tons in January from a record in December, the first decline in eight months,
data from the General Administration of Customs showed on 21 February.