Author: Matt Bradbard
-
FX Play in the Cable
The recent ascent in the British Pound has lifted futures near 1.6800 in June challenging the highs from mid-February. This has been a steady climb since bottoming in July of 13′ but what I find interesting looking at the weekly chart below it appears the line in the sand is just above that level, as…
-
Blue Light Special in Aisle 4 (Cotton)
Cotton prices have grinded higher since the beginning of December as one can see by the chart below. In this time frame prices of July futures have appreciated approximately 17% lifting trade to their highest levels in 27 months near 97 cents/lb. This likely has something to do with the most recent US cotton harvest…