Markets

Copper (XCP) Price Live

2.6442
06:47:48(GMT)
0.0297
(1.14%)*Daily Change

TECHNICAL SUMMARY

BUYMoving Averages
NEUTRALTrend Indicators
SELLNumeric Indicators
NEUTRALVolatility Indicators

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LATEST NEWS

Australia might lose its precious triple AAA credit rating
last month

The Australian Dollar Holds Steady But Remains Under Pressure

The Australian dollar is trading steady in today’s trading, still reeling from yesterday’s Federal Government mid-year economic update which showed a budget deficit out of control. At 12.30pm (GMT) the Aussie dollar was trading at 0.7268 up 0.10% from  yesterday’s trading, rising from lowest level of 0.7240 earlier today. The local currency has now racked up 5 days … Continue reading The Australian Dollar Holds Steady But Remains Under Pressure

Global yields continued their ascent
2 months ago

Global Yields Continue to Soar in the Wake of a Trump Victory

Global yields continued their ascent as stocks extended their rally in the ongoing position adjusting in the wake of the Trump victory. Emerging market bonds led the erosion in Asian bonds while the periphery paced the losses in Europe. Greece saw the largest losses dropping nearly 22 basis points. The 10-year Treasury rate rose 15 … Continue reading Global Yields Continue to Soar in the Wake of a Trump Victory

2 months ago

Gold Takes a Tumble

The commodities took a tumble on Friday as the USD gained in strength across the board and the market came to terms with the fact that it didnt have much of a choice but to accept Trump as the next US President. The markets did throw a tantrum leading up to the announcement but it … Continue reading Gold Takes a Tumble

Strong Dollar weighs on Emerging Markets
2 months ago

Strong Dollar weighs on Emerging Markets

Asian markets stuttered this morning as the rally is on pause. The US Dollar has rallied higher in the wake of Donald Trump being elected the next President of the United States. A stronger Dollar has dampened demand for emerging market assets. The Dollar index moved a bit lower, 0.12 percent, to 98.66 but hit … Continue reading Strong Dollar weighs on Emerging Markets

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LATEST FORECASTS

James Hyerczyk

Comex High Grade Copper Futures (HG) Technical Analysis – January 23, 2017 Forecast

March Comex High Grade Copper futures surged early in the session only to run into wall of selling pressure due to concerns about oversupply. Traders are also worried about the lack of progress towards Trump’s plan to rebuild the American infrastructure which is supposed to lead to increased demand. Technical Analysis The main trend is … Continue reading Comex High Grade Copper Futures (HG) Technical Analysis – January 23, 2017 Forecast

James Hyerczyk

Comex High Grade Copper Futures (HG) Technical Analysis – January 19, 2017 Forecast

March Comex High Grade Copper futures continued to weaken on uncertainty over the value of the U.S. Dollar and worries about demand from China. Prices are under pressure primarily because investors feel the dollar is going to strengthen over the long-term due to high expectations the Fed will raise rates in 2017. This idea was … Continue reading Comex High Grade Copper Futures (HG) Technical Analysis – January 19, 2017 Forecast

James Hyerczyk

Comex High Grade Copper Futures (HG) Technical Analysis – January 18, 2017 Forecast

March Comex High Grade Copper futures are down for a second day as investors are ignoring the weaker U.S. Dollar and instead are focusing on uncertainty ahead of Donald Trump’s inauguration as U.S. President this week and his ability to put in motion his economic policies in a timely manner. Additionally, there are concerns over … Continue reading Comex High Grade Copper Futures (HG) Technical Analysis – January 18, 2017 Forecast

James Hyerczyk

Comex High Grade Copper Futures (HG) Technical Analysis – January 17, 2017 Forecast

March Comex High Grade Copper futures broke sharply early in the session due to uncertainty in the U.K. over Prime Minister Theresa May’s speech outlining her plan for Britain’s exit from the European Union. However, the market reached its low for the session and began to rally after the U.S. Dollar plunged sharply lower. The … Continue reading Comex High Grade Copper Futures (HG) Technical Analysis – January 17, 2017 Forecast

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