(VIANEWS) – Copper (HG) has been up by 4.39% for the last 10 sessions. At 08:51 EST on Thursday, 22 August, Copper (HG) is $4.16.
Volume
Today’s last reported volume for Copper is 20071, 99.99% below its average volume of 9155247169.45.
Volatility
Copper’s last week, last month’s, and last quarter’s current intraday variation average was 0.05%, 0.25%, and 0.82%, respectively.
Copper’s highest amplitude of average volatility was 0.41% (last week), 0.68% (last month), and 0.82% (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).
Previous days news about Copper (HG)
- Fading fears of recession buoy copper – commerzbank. According to FXStreet on Tuesday, 20 August, "In July, exports of unwrought Copper and Copper products were again significantly lower than in the previous month. ", "In addition, the monthly report from the International Copper Study Group should provide some insight into the extent to which the Copper market remains oversupplied."
News about
- According to FXStreet on Tuesday, 20 August, "At the time of writing, Crude Oil (WTI) trades at $73.05 and Brent Crude at $76.76."
- According to FXStreet on Tuesday, 20 August, "That said, the risk of a further escalation of geopolitical tensions could lend some support to Crude Oil prices and help limit losses."
- According to FXStreet on Wednesday, 21 August, "The US Dollar Index (DXY), which tracks the performance of the US Dollar against six major currencies, is in a similar pattern as Crude Oil as it tries to snap this week’s losing streak. ", "At the time of writing, Crude Oil (WTI) trades at $73.07 and Brent Crude at $76.79."
More news about Copper (HG).
