Tag Archives | Copper


Choppy Two Sided Action as Metals Reel from Election Ebb & Flow

OUTSIDE MARKET DEVELOPMENTS: Global markets were weaker across the board again today as they could not shake off a developing “risk off” mood over the upcoming US election. The European session started out with October Euro zone Services PMI and German Services PMI numbers that bested expectations. The North American economic calendar will start out […]

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Copper Bulls Temporarily Back In Control Because of USD Drop

The copper market initially saw a fresh lower low before staging a fairly impressive recovery yesterday. Copper is probably being helped by ongoing weakness in the Dollar and residual strength in crude oil prices. In fact it is possible that gains in other physical commodities like crude oil, gasoline, soybeans, corn, bean oil and precious […]

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Major Decision for Copper as Data Underwhelms

While copper could not quite make a positive weekly reversal last week, the market did come through a bumpy period with a positive tone to start this week. September copper had a volatile session on Friday, as it found late support from a Dollar meltdown to finish with a moderate gain on the day but […]

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