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Copper Higher Despite Tariff Risks
Copper prices are pushing higher again today with the futures market breaking out above the late April highs which have capped price over the last six weeks. The move looks linked to the wider move higher we’re seeing across metals markets, led by the breakout move in silver today. A weaker US Dollar on the back of surprisingly soft jobs data yesterday is helping fuel demand across the board today in metals. Looking ahead, traders will be watching tomorrow’s headline NFP data set. If further weakness is confirmed, this should keep USD pressured into next week allowing metals prices room to push higher. Indeed, if ... (full story)
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- Jun 5, 2025 9:23am Posted byTechnical Analysis227
