(VIANEWS) – Copper (HG) has been up by 3.53% for the last 10 sessions. At 02:50 EST on Saturday, 24 August, Copper (HG) is $4.21.
Volume
Today’s last reported volume for Copper is 46466, 99.99% below its average volume of 9277666762.1.
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
- According to FXStreet on Friday, 23 August, "Apart from this, hopes for a ceasefire in Gaza contribute to capping the upside for Crude Oil prices.", "This, along with expectations that an interest rate cut by the Federal Reserve will boost economic activity, could limit the downside for Crude Oil prices."
- According to FXStreet on Thursday, 22 August, "The downward trajectory, meanwhile, seemed rather unaffected by bearish Crude Oil prices, which tend to undermine demand for the commodity-linked Loonie. ", "This, in turn, keeps Crude Oil prices depressed just above a multi-month low touched on August 5, albeit does little to ease the bearish pressure surrounding the USD/CAD pair. "
More news about Copper (HG).
