In light of preliminary data from CME Group for Copper futures markets, traders scaled back their open interest positions for the second day in a row on Friday, this time by around 2.5K contracts. On the other hand, volume went down by more than 64K contracts, clinching the second straight build. Copper: Further decline in the pipeline Prices of the base metal are edging lower on Monday. Friday’s significant build in volume allows for further weakness in prices, although the downtrend in open interest could slow the pace of the projected downside. 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 South Korea reports 96 new coronavirus cases, Germany tops 1000 cases FX Street 2 years In light of preliminary data from CME Group for Copper futures markets, traders scaled back their open interest positions for the second day in a row on Friday, this time by around 2.5K contracts. On the other hand, volume went down by more than 64K contracts, clinching the second straight build. Copper: Further decline in the pipeline Prices of the base metal are edging lower on Monday. Friday’s significant build in volume allows for further weakness in prices, although the downtrend in open interest could slow the pace of the projected downside. 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.
