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Copper Testing Key Resistance Ahead of FOMC
Copper prices are attempting to break higher today, shrugging off the strength in USD, as optimism ahead of an expected US/China trade deal grows this week. Trump and Xi are expected to announce a new bilateral trade deal when they meet tomorrow in Korea after a framework was agreed over the weekend following talks between US and Chinese officials. Positive comments from Trump yesterday alongside news of fresh Chinese purchases of US soybean cargoes have helped contribute to increased optimism midweek. The prospect of a deal is a major positive for global trade prospects and copper demand looks set to rise ... (full story)
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- Oct 29, 2025 6:30am Posted byTechnical Analysis168
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