Copper Futures Went Down By Over 4% In The Last 10 Sessions

(VIANEWS) – Copper (HG) has been up by 4.07% for the last 10 sessions. At 11:52 EST on Monday, 14 October, Copper (HG) is $4.41.

Volume

Today’s last reported volume for Copper is 57798, 99.99% below its average volume of 8936264132.35.

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

  • Usd/cad eyes 1.3800 mark amid bullish usd, weaker crude oil prices. According to FXStreet on Monday, 14 October, "In the meantime, the risk of a further escalation of geopolitical tensions in the Middle East and concerns about supply disruptions from the key producing region should limit losses for Crude Oil prices. ", "Meanwhile, Crude Oil prices open with a bearish weekly gap in reaction to softer Chinese inflation data released over the weekend, which pointed to a sustained deflationary trend and bods poorly with fuel demand. "
  • Crude oil slides away from $75.00 after OPEC reports gets bearish. According to FXStreet on Monday, 14 October, "At the time of writing, Crude Oil (WTI) trades at $73.43and Brent Crude at $77.24"

More news about Copper (HG).

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