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Monday, June 05, 2006

Volatility Controlling Copper Futures

Volatility controlling Copper futures: It was a roller coaster session for Copper futures this morning, as bulls and bears fought for control of the red metal. Prices initially traded higher on spill-over strength from London and higher Gold and Energy prices. Then just over an hour into the New York session, commodity funds and bearish speculators started sending in sell orders into a thin market, causing prices to fall sharply. Read More....