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Emerging markets $EEM are breaking out to 3-year highs.
Source: Ross J Brown RJB Financial Direction Limited
Remember IBM?
Over the past 5 years, it has outperformed: • Microsoft • Apple • Google Source: Brew markets
BREAKING: US Federal Housing Finance Agency orders Fannie Mae and Freddie Mac to count Bitcoin & crypto as an asset when assessing mortgage eligibility.
Source: Bitcoin Archive @BTC_Archive
BREAKING 🚨: U.S. Dollar
The lowest close since March 2022 for the U.S. Dollar Index $DXY on track its 📉📉 Source: Barchart
UBS Showing Positive Reaction Above Major Support
UBS has retested the major support zone between 22.54-24.74 for the second time. The last retest in April saw an exaggerated move, with the stock dipping as low as 20.66, but it managed to close within the support zone, confirming its significance. This week, the price action has been positive, with the stock holding steady above support. Keep an eye on the 26.37 level—if the stock closes above this level on Friday, it would be a strong bullish signal. Source: Bloomberg
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