Month: May 2021

Below the swing low from April 29th The EURUSD has dipped below the swing high from April 29 at 1.21494. The price moved above that level on Friday’s run to the upside and apart from hour or in the early European session today, had stayed above the level until the last hourly bar saw the
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The recent rally in copper price has been driven by potential supply deficit in coming years. Stimulus measures rolled by major economies, such as the US, the UK and China, have put strong focus on green energy. Developments of which are expected to significantly raise demand for copper. Meanwhile, issues in major copper producers, especially
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During an interview with Bloomberg TV on May 3, Binance CEO Changpeng Zhao suggested that Bitcoin (BTC) “is probably less volatile” than the stock prices of Apple (AAPL) and Tesla (TSLA). Zhao argued that crypto’s volatility was not unlike the stock market, adding: that “volatility is everywhere” and that “it is not unique to crypto.”
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Solid week for the major indices as well The European shares a closing higher with the German DAX rising 1.2% leading the way. The major indices also closed higher for the week. A look at the provisional closes shows: German DAX, +1.2% France’s CAC +0.3% UK’s FTSE 100, +0.7%  Spain’s Ibex, +0.8% Italy’s FTSE MIB,  +0.35% For the week,
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