(VIANEWS) – Copper (HG) has been up by 3.88% for the last 10 sessions. At 05:50 EST on Thursday, 5 October, Copper (HG) is $3.56.
Volume
Today’s last reported volume for Copper is 12961, 99.99% below its average volume of 11675120527.18.
Volatility
Copper’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.37%, a positive 0.45%, and a positive 0.95%, respectively.
Copper’s highest amplitude of average volatility was 1.01% (last week), 0.91% (last month), and 0.95% (last quarter), respectively.
Commodity Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Copper’s commodity is considered to be overbought (>=80).
News about
- According to FXStreet on Tuesday, 3 October, "Oil-dependent CAD is catching only minor support from Crude Oil prices, which are seeing a minor rebound after halting a three-day decline."
- WTI sees minor recovery for Tuesday as supply constraints remain a concern, crude oil trying to reclaim $88.50. According to FXStreet on Tuesday, 3 October, "Energies traders will be awaiting the US’ API Weekly Crude Oil Stocks update for the week into September 29th due late in the Tuesday trading session. ", "US Crude Oil prices stretched to ten-month peaks as global oil production is set to undersupply global demand."
- According to FXStreet on Tuesday, 3 October, " Oil traders will keep an eye on the US JOLTS Job Openings and the weekly Crude Oil Stock from API and EIA for the week ending of September 29 due on Tuesday. "
More news about Copper (HG).
