As the trading week draws to a close, the forex markets are experiencing a period of relative calm in today’s Asian session. Key developments include Euro’s attempted resurgence against Dollar overnight, which, despite initial signs Read more…
DXY: The DXY chart currently has a bearish overall momentum, but there is a potential for a bullish continuation towards the 1st resistance. The 1st support at 103.56 is identified as an overlap support and Read more…
Key Highlights USD/JPY remained well-bid above the 150.00 support. A major bullish trend line is forming with support near 150.50 on the 4-hour chart. EUR/USD might correct lower, and GBP/USD is struggling to stay in Read more…
WTI crude oil experienced a significant tumble this week, dropping around -5% yesterday and reaching its lowest point in four months, marking a trajectory for its fourth consecutive week of decline. This marks the commodity’s Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Few people enjoy cleaning, especially vacuuming, which requires constant battery recharging Read more…
Australia appears to be further behind in the inflation and interest rate cycles than many of its peers. The RBA is also choosing a somewhat different strategy in order to preserve the gains made on Read more…
Key insights from the week that was. In Australia, the week began with another sombre update on confidence. The Westpac-MI Consumer Sentiment Index returned to deeply pessimistic levels, down 2.6% to 79.9. The RBA’s decision Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Black Friday is right around the corner, and in typical Amazon Read more…
BoJ Governor Kazuo Ueda has once again underscored the central bank’s commitment to maintaining its ultra-loose monetary policy, emphasizing the need for patience in the face of uncertain inflation dynamics. Speaking to the parliament, Ueda Read more…
In a CNBC interview overnight, Cleveland Fed President Loretta Mester acknowledged, “We’re making progress on inflation, discernible progress. We need to see more of that.” But she also highlighted the necessity of observing more concrete Read more…