Limit Up or Limit Down? Nickel Traders Brace for Wild Ride
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Bloomberg.comMark Burton,Jack Farchy,Yvonne Yue Li
Limit Up or Limit Down? Nickel Traders Brace for Wild Ride
The world’s main nickel market reopens Wednesday, a week after the London Metal Exchange stepped in dramatically to defuse a runaway short squeeze. Most traders say they expect prices are more likely to drop than to spike again -- but either way, they’re getting ready for fireworks.
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