CIMB Analyst:
Price remains stuck in the long-term downtrend as the 200 day moving
average and 2.55 resistance area continued to act as a ceiling. The bearish
rejection off the resistance in April turned price back into the downtrend.
US core PPI is on a rising trend!
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It is a matter of time that the producers pass the rising cost to the
consumers.
22 minutes ago
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