Copper Futures Rises By 3% In The Last 10 Sessions

(VIANEWS) – Copper (HG) has been up by 3.67% for the last 10 sessions. At 10:52 EST on Wednesday, 31 January, Copper (HG) is $3.93.

Volume

Today’s last reported volume for Copper is 77460, 99.99% below its average volume of 10674402403.63.

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).

News about

  • Canadian dollar softens on crude oil hesitation with Canada gdp, US fed rate call in the pipe. According to FXStreet on Monday, 29 January, "The Canadian Dollar (CAD) eased on Monday, backsliding after Crude Oil markets snipped away the week’s opening highs as the trading week kicks off with a light economic calendar on offer. "
  • According to FXStreet on Tuesday, 30 January, "West Texas Intermediate (WTI), the US Crude Oil benchmark, rises amid escalating tensions in the Middle East, along with updated forecasts of the International Monetary Fund (IMF), suggesting the global economy would grow more than expected. "
  • According to Zacks on Monday, 29 January, "ProShares K-1 Free Crude Oil Strategy ETF (OILK Quick QuoteOILK – Free Report) - Up 6.8% this year"

More news about Copper (HG).

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