In light of flash data for Copper futures markets from CME Group, open interest dropped by just 872 contracts on Thursday, resuming the downside after Wednesday’s build. On the other hand, volume reversed three consecutive pullbacks and rose by around 3.5K contracts. Copper faces some consolidation near-term Prices of the base metal ticked lower on Thursday amidst a small uptick in open interest, which could be signalling the continuation of the leg lower. However, the persistent drop in volume should prevent sellers to retake control, at least in the short-term horizon. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next NZD/USD climbs to near 2-week tops, closer to mid-0.6300s FX Street 2 years In light of flash data for Copper futures markets from CME Group, open interest dropped by just 872 contracts on Thursday, resuming the downside after Wednesday’s build. On the other hand, volume reversed three consecutive pullbacks and rose by around 3.5K contracts. Copper faces some consolidation near-term Prices of the base metal ticked lower on Thursday amidst a small uptick in open interest, which could be signalling the continuation of the leg lower. However, the persistent drop in volume should prevent sellers to retake control, at least in the short-term horizon. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
