(VIANEWS) – Copper (HG) has been up by 2.37% for the last 5 sessions. At 14:51 EST on Thursday, 20 July, Copper (HG) is $3.83.
Volume
Today’s last reported volume for Copper is 66091, 99.99% below its average volume of 12485471623.56.
Volatility
Copper’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.56%, a positive 0.33%, and a positive 1.00%, respectively.
Copper’s highest amplitude of average volatility was 0.60% (last week), 1.15% (last month), and 1.00% (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, 18 July, "Friday saw a strong reversal in USD/CAD on the back of a combination of weaker Crude Oil prices, which weighed on CAD, and much better-than-expected Michigan Consumer Sentiment data out of the US, which supported the US Dollar."
- According to FXStreet on Tuesday, 18 July, "Following the recent pullback from a nearly three-month high witnessed over the past two days, Crude Oil prices regain some positive traction and underpin the commodity-linked Loonie. ", "This, along with worries that a global economic downturn will dent fuel demand, should keep a lid on any meaningful rise in Crude Oil prices and help limit the downside for the USD/CAD pair. "
More news about Copper (HG).
