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Copper Falls To A New Low For 2019

Copper Falls To A New Low For 2019

August 6, 2019

The reaction to the Fed meeting on July 31 followed by an escalation of the trade dispute between the US and China sent the price of copper to a new low for 2019 and below a level of technical support at the late 2018 low. In my latest work for Seeking Alpha, I look at the price action in the red metal and FCX shares and explain why we could see lots of volatility in both the commodity and shares of the producer that moves higher or lower with the price of the nonferrous metal.

Article: Copper Falls To A New Low For 2019

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