Posts tagged with the keyword: ‘Copper’

Speculative Copper Shorts are Largest Since at Least 2002

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.

Commodities: Gold Liquidation Accelerates, Oil Sinks With Risk Appetite

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

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.

Price & Time: Another Key Time Cycle Coming Up in the Euro

Price & Time: Another Key Time Cycle Coming Up in the Euro

Instruments covered today: EUR/USD, AUD/USD & USD/CAD

USD to Consolidate Ahead of FOMC Minutes- AUD Capped by 1.05

USD to Consolidate Ahead of FOMC Minutes- AUD Capped by 1.05

The Dow Jones-FXCM U.S. Dollar tumbled lower on Tuesday, but the reserve currency may regain its footing ahead of the FOMC Minutes amid the shift in the policy outlook

Crude Oil to Rise as Gold Declines on Strong US Economic Data

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 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.

Dollar Soars to Highest Since 2010, S&P 500 Rally Falters

Dollar Soars to Highest Since 2010, S&P 500 Rally Falters

The US Dollar punched through another level of chart resistance to hit the highest level since September 2010 while the S&P 500 has reversed sharply lower.

Crude Oil at Risk on US Spending Cuts, Copper Breaks Down

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.

Aussie Rallies Despite Dovish RBA Minutes; Sterling Off Seven-Month Low

Aussie Rallies Despite Dovish RBA Minutes; Sterling Off Seven-Month Low

Price action is very choppy today, as indicated by the tight range the Dow Jones FXCM Dollar Index (Ticker: USDOLLAR ) has traded in.

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