December Australian dollar futures (A6Z25) present a selling opportunity on more price weakness. See on the daily bar chart for the December Australian dollar futures that prices have started to trend down. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator is in a bearish posture as the…
India is not a major exporter of metals to the US, but any global price shift would surely impact the domestic pricing also, said Naveen Mathur, Director-Commodities & Currencies, Anand Rathi Share & Stock Brokers. We may see a glut with respect to the oversupply, he opined highlighting that the other countries may start dumping…
“We do expect some bullish factors still to play out like Ramzan, but we are expecting big Latin American soybean oil crops so that will moderate the bullishness,” says Nadir B Godrej, CMD, Godrej Industries.Let us discuss what has happened in October to November and that is the surge in the palm oil prices. They…
