The U.S. dollar's next move is likely to be the most important catalyst for copper in the near future.
BING NEWS:
- Copper’s record as a stock market and economic predictor is tarnished
Copper’s recent surge to a two-year high is rekindling belief (and hope) in the urban myth that the metal is a good leading indicator for the U.S. stock market. But copper’s actual track record is no ...
04/24/2024 - 9:43 am | View Link - Copper’s Rally Stalls: Buyers Resist Further Price Increases
The steep rally in copper to close to a two-year high of $10,000 per ton may have stalled as buyers resist further hikes. The optimistic investors ...
04/23/2024 - 6:24 pm | View Link - Shortages key to copper's upward price trajectory to new peaks
Upward momentum that has propelled copper prices to within a whisker of the psychological $10,000 a metric ton mark is expected to be sustained by the appearance of shortages over the coming months. C ...
04/23/2024 - 12:55 am | View Link - More
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