Copper (XCU) Price Today, Forecasts & News | FX Empire

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Copper
XCU
Open
3.7816
-0.0958 (-2.47%)
in:USD•As of: Dec 04, 2023 23:05 UTC
Prev. Close
3.8774
High
3.8781
Low
3.7808

Stats

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Prev. Close

3.8774

High

3.8781

Low

3.7808

Ask

3.7826

Bid

3.7806

Spread

0.0020

Price Drivers

Positive

EUR/USD

GDP Annual Growth Rate Across the Globe

Value:$1.08351

Stronger EUR/USD is bullish for copper as copper is quoted in U.S. dollars

Negative

United States Interest Rate

United States Inflation Rate

Value:5.50%

High U.S. Interest Rates are bearish for copper as they put pressure on copper consumption.

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Economic CalendarAll Events

Time zone: GMT

Monday, December 4th 2023
Time	Currency	Event	Impact	Actual	Consensus	Previous
07:00	EUR	Balance of TradeOct	High	€17.8B	€17.1B	€16.7B
14:00	EUR	ECB President Lagarde Speech	Medium
15:00	USD	Factory Orders MoMOct	Medium	-3.6%	-2.8%	2.3%
22:00	AUD	Judo Bank Services PMI FinalNov	Medium	46	46.3	47.9

Tuesday, December 5th 2023
Time	Currency	Event	Impact	Actual	Consensus	Previous
00:30	JPY	Jibun Bank Services PMI FinalNov	Medium		51.7	51.6
01:45	CNY	Caixin Services PMINov	Medium		51	50.4
03:30	AUD	RBA Interest Rate Decision	High		4.35%	4.35%

Latest News

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FXEmpireNov 29, 2023

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