The Chilean peso closed stronger against the U.S. dollar Monday on gains the euro posted versus the greenback and in copper prices in the New York session. For full story, click here
Continue reading "Chilean Peso closed stronger on gains in Euro, NY Copper"
Thursday, December 18, 2008
By Leia Michele Toovey- Exclusive to Copper Investing News Copper prices fell to the lowest in almost four years on concern that the deepening global recession will reduce metal demand through next year. Copper prices have plunged 55 per cent this year, heading for a record annual decline. Copper futures for March delivery slipped 0.4 [...]
Continue reading "Copper prices ignore rate cut"
Thursday, December 11, 2008
By Leia Michele Toovey- Exclusive to Copper Investing News Volatile copper prices fell more than 2 per cent before turning positive on Thursday. The U.S. dollar retreated to its lowest point relative the euro in six weeks, making the metal less expensive for international holders. U.S. copper futures turned positive, copper for March delivery HGH9 [...]
Continue reading "Copper adds some shine on reports that bears losing grip on market"
Thursday, October 23, 2008
By Leia Michele Toovey- Exclusive to Copper Investing News On the Shanghai Exchange, copper has tumbled 18 per cent this week alone, putting the year’s cumulative losses at 41 per cent. The current price point of copper puts it on par with the level it was at in December 1999. Copper for January delivery dropped [...]
Continue reading "Copper joins the base metals slide"
Thursday, October 9, 2008
Investors buying low jumped US copper futures by 3%. Copper was also supported by a weakening US dollar and the rise of the euro. Copper for December delivery HGZ8 was trading up 3.80 cents, or 1.6 percent, at $2.3930 a lb by 10:29 a.m. EDT (1429 GMT) on the New York Mercantile Exchange’s COMEX division. [...]
Continue reading "US Copper Futures Climb"
Tuesday, October 7, 2008
Copper has risen from 19-month lows due to a strong market and movement from the US bailout plan. Copper holds positive territory early Tuesday in tandem with recoveries in the broader commodity complex. The Reuters-Jefferies CRB .CRB, a global commodities benchmark, was up nearly 1 percent at one point at 314.20. Copper rise supported [...]
Continue reading "US Copper Up in Early Rebound"
Monday, October 6, 2008
The strong US dollar and demand concerns left copper dropping 6.3% to $2.52 a pound. Copper down in line with sharp losses on Wall Street, with the Dow Jones industrial average .DJI down 309.59 points, or 3.00 percent, at 10,015.79. The Standard & Poor’s 500 Index .SPX off 37.99 points, or 3.46 percent, at 1,061.24, [...]
Continue reading "US Copper Slammed"
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Monday, April 13, 2009