(VIANEWS) - Copper (HG) has been up by 2.6% for the last 5 sessions. At 01:50 EST on Saturday, 27 January, Copper (HG) is $3.85.
Volume
Today's last reported volume for Copper is 70308, 99.99% below its average volume of 10841189404.24.
Volatility
Copper's last week, last month's, and last quarter's current intraday variation average was 0.60%, 0.27%, and 0.83%, respectively.
Copper's highest amplitude of average volatility was 1.03% (last week), 0.76% (last month), and 0.83% (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 finds some bids on Thursday’s crude oil climb. According to FXStreet on Thursday, 25 January, "The Canadian Dollar (CAD) is broadly higher on Thursday, finding some room in the green on the back of rising Crude Oil markets. "
- According to FXStreet on Thursday, 25 January, "The strength in the Crude oil prices is attributed to the recent development of the People's Bank of China (PBoC) considering a Medium-term Lending Facility (MLF) rate cut, along with the decline in the US Crude Oil stockpiles. ", "According to the Energy Information Administration's (EIA) weekly report released on Wednesday, Crude Oil Stocks Change experienced a significant decline of 9.233 million barrels for the week ending on January 19. "
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