Correlation between USD and Copper
If we're truly in a weaker USD cycle, copper is likely to get a natural tailwind from just the fall in the currency.
That's when you don't take into account the supple conditions and the expected demand growth for copper due to OBOR, global growth and potential Trump infrastructure spend.
That's when you don't take into account the supple conditions and the expected demand growth for copper due to OBOR, global growth and potential Trump infrastructure spend.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.