(VIANEWS) - Copper (HG) has been up by 3.03% for the last 5 sessions. At 11:51 EST on Friday, 16 June, Copper (HG) is $3.89.
Volume
Today's last reported volume for Copper is 56706, 99.99% below its average volume of 12917148408.46.
Commodity Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Copper's commodity is considered to be oversold (<=20).
News about
- According to FXStreet on Wednesday, 14 June, "Headline and core Producer Price Index (PPI) data is due at 12:30 GMT, and the EIA Crude Oil Inventory numbers will come at 14:30 GMT. "
- Crude oil forecast: showing signs of recovery - 14 June 2023. According to DailyForex on Wednesday, 14 June, "The WTI Crude Oil market experienced a modest rally during Tuesday's trading session, indicating a potential approach towards the lower end of the long-standing trading range. ", "Both WTI Crude Oil and Brent exhibit signs of recovery, with potential rallies towards key resistance levels."
- According to FXStreet on Wednesday, 14 June, "That said, the API Crude Oil Stock data for the period ended on June 9 flashed an addition of 1.024M barrels versus the previous contraction of 1.71 M."
More news about Copper (HG).