(VIANEWS) – Copper (HG) has been up by 4.55% for the last 10 sessions. At 08:51 EST on Tuesday, 6 June, Copper (HG) is $3.76.
Volume
Today’s last reported volume for Copper is 31859, 99.99% below its average volume of 13288227693.96.
Volatility
Copper’s last week, last month’s, and last quarter’s current intraday variation average was 0.71%, 0.03%, and 0.96%, respectively.
Copper’s highest amplitude of average volatility was 0.71% (last week), 1.09% (last month), and 0.96% (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 oversold (<=20).
News about
- According to FXStreet on Tuesday, 6 June, "Failure to provide a daily closing beyond the 50-day Exponential Moving Average (EMA), around $73.50 by the press time, directs WTI Crude Oil bears toward the $70.00 round figure."
- According to FXStreet on Monday, 5 June, "In doing so, the Indian Rupee (INR) pair cheers the US Dollar strength, as well as downbeat sentiment and the firmer Crude Oil price to propel the pair of late.", "Adding strength to the USD/INR pair could be the latest strength of the WTI Crude Oil and the risk-off mood, led by the fears of the US-China tussle and the Russia-Ukraine war."
- According to FXStreet on Monday, 5 June, "In addition to the pre-data/event caution, firmer prices of Canada’s main export item Crude Oil and the upbeat US Dollar also challenge the pair’s latest moves."
More news about Copper (HG).
