Copper watch: what's Dr Copper saying?

FTC Community TeamStaff95 views

Copper's nickname — the metal with a PhD in economics — comes from its ability to read global growth. The copper price is a growth forecast published daily.

Copper watch: what's Dr Copper saying? — risk-reward diagram
A risk-reward ratio of 1 to 2

What are you seeing?

  • how copper is trading and what it implies
  • the currencies most sensitive to it (AUD, CLP, ZAR)
  • how copper fits your growth view
Copper watch: what's Dr Copper saying? — candlestick anatomy diagram
The parts of a candlestick: wick, body, open and close

Background: commodity currencies for the transmission.

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