Your browser of choice has not been tested for use with Barchart.com. If you have issues, please download one of the browsers listed here.

Stocks | Futures | Watchlist | More
or

Scrap Aluminum Can Idx (ALPAUSY51.CM)

[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [MTIDX]
[[ rootItem.symbol ]]underlying price [[ rootItem.lastPrice ]] [[ rootItem.priceChange ]] ([[ rootItem.percentChange ]]) [[ rootItem.tradeTime ]]
Quote Overview for [[ item.sessionDateDisplayLong ]]
[[ rowChartData.labelLow ]]
[[ rowChartData.lowPriceFormatted ]]
[[ rowChartData.lowPrice ]]
[[ rowChartData.labelHigh ]]
[[ rowChartData.highPriceFormatted ]]
[[ rowChartData.highPrice ]]
since [[ rowChartData.lowDate ]]
since [[ rowChartData.highDate ]]
[[ value ]] [[ value ]]

Scrap Aluminum Can Idx Futures Market News and Commentary

Dollar Rallies as T-Note Yields Surge

The dollar index (DXY00) on Tuesday rose +0.458 (+0.48%).  The dollar index on Tuesday posted moderate gains after the 10-year T-note yield jumped to a 2-year high, which strengthens the dollar’s interest rate differentials.  Also, a sell-off in stocks Tuesday prompted some liquidity demand for the dollar.

EUR/USD (^EURUSD) on Tuesday fell -0.0079 (-0.69%).  EUR/USD was under pressure Tuesday from dollar strength and divergent central bank policies with the Fed tapering QE and expected to raise interest rates as soon as March while the ECB maintains QE and record-low interest rates.  A supportive factor for EUR/USD was Tuesday’s data that showed the German Jan ZEW survey expectations of economic growth rose +21.2 to a 6-month high of 51.7, stronger than expectations of 32.0.  Also, the 10-year German bund yield climbed to a 2-1/2 year high Tuesday at -0.005%, which benefits the euro’s interest rate differentials.

USD/JPY (^USDJPY) on Tuesday rose +0.01 (+0.01%).  USD/JPY... Read more

Price Performance

See More
Period Period Low Period High Performance
1-Month
0.3478 +7.19%
on 01/12/22
0.4279 -12.88%
on 12/20/21
-0.0578 (-13.42%)
since 12/17/21
3-Month
0.3139 +18.76%
on 10/29/21
0.4610 -19.13%
on 11/26/21
+0.0539 (+16.90%)
since 10/15/21
52-Week
0.2998 +24.35%
on 01/22/21
0.4610 -19.13%
on 11/26/21
+0.0447 (+13.62%)
since 01/15/21

Benchmark National Price Indexes

Barchart Technical Opinion

The Barchart Technical Opinion rating is a 24% Buy with a Weakest short term outlook on maintaining the current direction.

See More Share

Key Turning Points

3rd Resistance Point 0.3728
2nd Resistance Point 0.3728
1st Resistance Point 0.3728
Last Price 0.3896
1st Support Level 0.3728
2nd Support Level 0.3728
3rd Support Level 0.3728

See More

52-Week High 0.4610
Fibonacci 61.8% 0.3994
Last Price 0.3896
Fibonacci 50% 0.3804
Fibonacci 38.2% 0.3614
52-Week Low 0.2998

See More

Barchart Futures Commentary

Barchart Futures is a twice weekly newsletter that features a selection of the latest and best commodities commentary appearing on Barchart.com. Delivered every Wednesday and Friday morning to your inbox.

Want to use this as
your default charts setting?
Save this setup as a Chart Templates
Switch the Market flag
for targeted data from your country of choice.
Open the menu and switch the
Market flag for targeted data from your country of choice.
Want Streaming Chart Updates?
Switch your Site Preferences
to use Interactive Charts
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar