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Copper: New Highs Amidst New Turmoil and Speculative Outlook
Copper spiked to highs yesterday touching the 5.7800 vicinity as President Trump delivered the gift of fear into the commodity, this by proclaiming he is considering a duty charge of nearly 50% on all imported copper into the U.S. Most commodity traders do not have to be warned, trading in certain resources can be more than a little volatile. Copper has long been one of the famed commodities which is able to provide not only sudden fireworks, but an occasional roller coaster ride. Yesterday Copper future contracts were languishing calmly near the 4.9800 ratio, when President Trump suddenly threatened to hit imports ... (full story)
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- Jul 9, 2025 4:58am Posted byTechnical Analysis204
