Happy Monday!! Grab your coffee and get your Monday news brief: Forex Today: Crude Oil, Agricultural Commodities Bullish
Enter your emailCrude oil and several agricultural commodities are hitting or remain close to new long-term highs.remains bullish and not far off its recent 7-year high price, making it attractive to trend traders.Advertisementled higher by a rally in the Chinese technology sector. However, the world’s major stock market index, the
, closed Friday for the sixth consecutive day below its 200-day moving average, trading into correction territory, indicating that there may not be a sustainable bullish environment for global stock markets.markets, several agricultural commodities such as corn, soybeans, and cotton continue bullishly breaking to new high pricesIn the Forex market, markets ended last week in risk-off mode but we have seen a small risk recovery since this week opened.
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