Interpreting market movements in a whole new way
Copper prices are flat amid low volumes and as Chinese demand gradually slows down. Three-month copper on the LME was up 0.1% at $7,680 a ton and Comex copper as of this writing was trading at 3.4975 just shy of 3.500. Stock piling by Chinese producers certainly has helped drive the price to the highest … Continue reading “The copper and silver trade ideas which still have legs”
Read MoreAlmost a quarter has elapsed from the ECB leadership laid a benchmark for the EUR/USD at 1.20 signaling that the European central bank does not want to see the pair above that level for fear it would damage the Eurozone’s economic recovery. Since then, the spot EUR/USD has fallen as far as 1.1603 but for … Continue reading “EUR/USD trade idea for the overnight session”
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