The Bank of Canada today increased its target for the overnight rate to 4¼%, with the Bank Rate at 4½% and the deposit rate at 4¼%. The Bank is also continuing its policy of quantitative Read more…
Credit: C. Scott Brown / Android Authority Welcome to Wallpaper Wednesday! In this weekly roundup, we’ll give you a handful of Android wallpapers you can download and use on your phone, tablet, or even your laptop/PC. Read more…
WTI crude is down to $73, while Brent is approaching $78, losing 2% since the start of the day and almost 10% since the beginning of the month. Despite rumours about possible quotas cut, OPEC+ Read more…
The Australian dollar is showing limited movement for a second successive day. In European trade, AUD/USD is trading at 0.6696, up 0.12%. Australia’s GDP misses forecast Australia’s economy underperformed in Q3, with a modest gain Read more…
Equity markets are struggling again on Wednesday, with the latest Chinese trade data highlighting the challenges facing the global economy going into 2023. It would appear the recovery in stocks – bear-market rally, or otherwise Read more…
Daily Pivots: (S1) 1.0440; (P) 1.0486; (R1) 1.0514; More… Intraday bias in EUR/USD remains on neutral and outlook is unchanged. Considering bearish divergence condition in 4 hour MACD, break of 1.0427 minor support will indicate Read more…
Daily Pivots: (S1) 1.2084; (P) 1.2177; (R1) 1.2225; More… Intraday bias in GBP/USD stays neutral and further rally is expected as long as 1.1898 support holds. Above 1.2343 will resume the rise from 1.0351 and Read more…
Here’s everything you need to know as stocks struggle ahead of the market open. Catch the latest GameStop and Tesla news live at 9:30 a.m. ET. Watch TheStreet’s Market Open: TheStreet is live every weekday Read more…
Daily Pivots: (S1) 0.9383; (P) 0.9419; (R1) 0.9458; More… Intraday bias in USD/CHF stays neutral and outlook is unchanged. Considering bullish convergence condition in 4 hour MACD, break of 0.9545 will indicate short term bottoming Read more…
Daily Pivots: (S1) 136.20; (P) 136.81; (R1) 137.66; More… Intraday bias in USD/JPY stays mildly on the upside at this point. Rebound from 133.61 short term bottom should target 55 day EMA (now at 141.41). Read more…