129 days ago • Posted by Martin Boujol

Copper vs. the DXY Dollar Index

Base metal prices are generally rather sensitive to the movement of the US Dollar. For metals such as nickel, iron and copper, this means that they often move in opposite directions. Over the last 12 months, the correlation between the 2 values was of -0.95.

Source: Bloomberg

#Commodities
copper vs. the dollar
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