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Copper Still Stuck At Resistance Level
Copper Still Stuck At Resistance Level

Copper Bolstered by Iran OptimismCopper prices remain in the green today though, as yet, are still capped by the 6.1090-level resistance. A broad wave of risk-on trading amidst rising optimism around...

Copper Rally Pauses But Bullish Outlook Remains Strong
Copper Rally Pauses But Bullish Outlook Remains Strong

Copper Stalls at ResistanceThe rally in copper has stalled today as traders take a breath following an impressive rally over the first part of the week. Risk assets have been in strong demand since...

Copper Surging Amidst Risk-On Wave
Copper Surging Amidst Risk-On Wave

Copper Pushing Higher AgainCopper prices continue their recent hot streak today with the futures market now tracking its fourth consecutive day in the green. The move comes amidst a weakening in USD...

US Inflation Expected To Spike Today
US Inflation Expected To Spike Today

US Inflation DueThe US Dollar is on watch today as traders prepare to receive the latest US inflation report this afternoon. Annualised headline CPI is forecast to surge higher to 3.4% from 2.4%...

Dollar Surging on Higher Oil/Hawkish Fed Risks
Dollar Surging on Higher Oil/Hawkish Fed Risks

Dollar Rallying AgainThe US Dollar is pushing higher into the end of the week, tracking the moves we’re seeing in oil as hopes of a near-term end to the Iran war fade. Reports that the US is...

Dollar Softer Ahead of FOMC Today
Dollar Softer Ahead of FOMC Today

Dollar Down from HighsThe US Dollar remains down from recent highs today as traders brace for the latest rate setting meeting from the Fed. Ahead of the FOMC, DXY is down 1% from the fresh YTD highs...

Dollar Supported by Strong Data Ahead of NFP
Dollar Supported by Strong Data Ahead of NFP

 Strong US DataThe US Dollar is back in the green today as traders digest the latest US data from yesterday. The ADP employment figure jumped to 63k from 22k prior, well above the 50k the market was...

USD On Watch Into ADP Data
USD On Watch Into ADP Data

USD SoftensThe US Dollar is on watch today following the pullback from yesterday’s multi-month highs. Traders will be looking to the latest ADP employment print this afternoon ahead of Friday’s...

Explosive Moves in Copper
Explosive Moves in Copper

Volatile Price ActionCopper prices are on watch ahead of the weekend following a heavy reversal lower from the all-time highs printed yesterday. The futures market hit highs of 6.5850 before sharply...