Copper ETN’s Rally not Convincing All Traders
February 23, 2016 at 08:30 AM EST
The iPath Dow Jones-UBS Copper Subindex Total Return ETN (NYSEArca: JJC), an exchange traded note that tracks copper price movements, is up nearly 7% over the past month, but not all traders are convinced the red metal’s recent rally is durable. While production cuts may support prices now,...