Copper (XCU) Price Today, Forecasts & News | FX Empire

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Copper
XCU
Open
4.2731
-0.0564 (-1.30%)
in:USD•As of: Jan 21, 2025 01:30 UTC
Prev. Close
4.3295
High
4.3519
Low
4.2518

Stats

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Prev. Close

4.3295

High

4.3519

Low

4.2518

Ask

4.2739

Bid

4.2724

Spread

0.0015

Price Drivers

Positive

EUR/USD

GDP Annual Growth Rate Across the Globe

Value:$1.03777

Stronger EUR/USD is bullish for copper as copper is quoted in U.S. dollars

Negative

United States Interest Rate

United States Inflation Rate

Value:4.50%

High U.S. Interest Rates are bearish for copper as they put pressure on copper consumption.

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Economic CalendarAll Events

Time zone: GMT

Monday, January 20th 2025
Time	Currency	Event	Impact	Actual	Consensus	Previous
07:00	EUR	PPI MoMDec	Medium	-0.1%	0.3%	0.5%
11:30	BRL	BCB Focus Market Readout	Medium
15:30	CAD	BoC Business Outlook Survey	Medium
17:00	USD	Inauguration Day	High

Tuesday, January 21st 2025
Time	Currency	Event	Impact	Actual	Consensus	Previous
10:00	EUR	ZEW Economic Sentiment IndexJan	Medium		16.9	17
10:00	EUR	ZEW Economic Sentiment IndexJan	High		15.3	15.7
13:30	CAD	Inflation Rate MoMDec	Medium		-0.4%	0%

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