Speculative Copper Shorts are Largest Since at Least 2002
Non-commercial traders remain the most net short British Pounds, Canadian Dollars, and copper that they’ve been in years.
Archive for the Category ‘Copper’
Commodities: Gold Liquidation Accelerates, Oil Sinks With Risk Appetite
Gold and silver selling is gaining momentum following reports of Cyprus’ liquidation while crude oil and copper are down after China’s disappointing GDP data.
Speculators Remain Extremely Long US Dollars
Non-commercial (speculative) US Dollar net long positioning remains near a record (record was recorded one week prior). Speculators remain heavily short British Pounds, Canadian Dollars, and copper.
Crude Oil to Rise as Gold Declines on Strong US Economic Data
Crude oil may rise while gold declines if US economic data continues to trump economists’ expectations. Copper struggles to find clear directional bearing.
Gold Finds Interim Support, Oil May Follow on US CPI
Gold and silver prices have found interim support after yesterday’s selloff as traders look ahead to soft US CPI data. Crude oil and copper may follow suit.
Crude Oil at Risk on US Spending Cuts, Copper Breaks Down
Crude oil is at risk despite buoyant risk appetite as US “sequester” spending cuts loom just over a week ahead. Copper has completed a bearish technical breakout.
Oil, Copper Sink as Eurozone Fears Dent Risk Appetite
Crude oil and copper are under pressure as Eurozone stability jitters spark market-wide risk aversion.
Commodities: Oil at Risk but Gold May Rise on US GDP, FOMC Outcomes
Crude oil and copper may fall as slowing US GDP growth and a dour Fed weigh on risk appetite. Gold and silver aim higher on returning anti-fiat demand.
Commodities: Crude Oil at Risk But Gold Prices May Find Support
Crude oil and copper appear vulnerable to a flare-up of risk aversion while gold may find support after Bernanke offered no clues of early QE end.
Commodities: Risk-Driven Oil and Copper Rally at Risk on US Data, Fed
Crude oil and copper are aiming higher amid a pick-up in risk appetite but US retail sales data and minutes from October’s FOMC meeting may undermine prices.
Advertisement
Photo Gallery
GBPJPY currency pair closes the week with strong upward momentum at USD 129.092.
Gold Trading prices surged on Friday, settled at three-week high after weak U.S. data
Gold Trading prices posts worst weekly drop this year on euro fears
Gold trading prices remains subdued as investor risk appetite lowers
Gold trading prices Technical postures remains tilted in favor of the bears
Gold trading Tips Gold prices falls on Fed said inflation under control
Gold trading Tips Gold prices steady on upbeat US and China manufacturing data
