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Copper Futures Slides By 2% In The Last 5 Sessions

ViaNews Editorial Team

February 3, 2023

Copper Futures Slides By 2% In The Last 5 Sessions
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(VIANEWS) - Copper (HG) has been up by 2.74% for the last 5 sessions. At 01:51 EST on Friday, 3 February, Copper (HG) is $4.12.

Volume

Today's last reported volume for Copper is 14347, 99.99% below its average volume of 14740043847.24.

Volatility

Copper's last week, last month's, and last quarter's current intraday variation average was 0.25%, 0.81%, and 1.57%, respectively.

Copper's highest amplitude of average volatility was 1.22% (last week), 1.20% (last month), and 1.57% (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 overbought (>=80).

News about

  • According to FXStreet on Thursday, 2 February, "The data might influence the USD, which, along with Crude Oil price dynamics, should provide some impetus to the USD/CAD pair. "

More news about Copper (HG).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.