Copper Falls the Most in Two Weeks

Bloomberg reports that Copper fell the most in almost two weeks in London.

The market news is quoted as saying:

Copper for three-month delivery on the London Metal Exchange slid as much as 1.5 percent, the most since Dec. 23. The metal’s 14-day relative strength index, a gauge of whether a commodity is overbought or oversold, last week rose above 73, exceeding the level of 70 viewed by some analysts who study technical charts as a signal of a potential impending drop.

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