Yen rebounds broadly in today’s Asian trading session, buoyed by optimistic revisions in Japan’s economic growth forecasts. The government, in its semi-annual economic report, upgraded its growth projections for both the current and next fiscal Read more…
Summary of BoC’s December 6 meeting showed members collectively agreed “the likelihood that monetary policy was sufficiently restrictive to achieve the inflation target had increased.” However, members also unanimously agreed that “risks to the inflation Read more…
Key Highlights AUD/USD gained traction above the 0.6700 resistance zone. A connecting bullish trend line is forming with support near 0.6745 on the 4-hour chart. EUR/USD and GBP/USD are consolidating above key support zones. The Read more…
ECB Governing Council member Martins Kazaks, in an interview overnight, indicated that the most likely period for rate reductions could be around the “middle of next year”, specifically pointing to June or July as probable Read more…
Philadelphia Fed President Patrick Harker, in a local radio interview overnight, shared expressed that while there will be a need to lower interest rates eventually, this shift should not happen “right away” or “too fast.” 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. Gift-giving and spending time with friends and family is a big Read more…
NZDUSD broke key resistance level 0.6200 Likely to rise to resistance level 0.6360 NZDUSD currency pair under the bullish pressure after breaking the key resistance level 0.6200 (which has been reversing the price from the Read more…
GBPNZD broke key support level 2.0290 Likely to fall to support level 2.0000 GBPNZD currency pair recently broke the key support level 2.0290 (which has been reversing the price from the middle of June). The Read more…
CHFJPY has lost some ground over the last month Yet, overall picture remains overwhelmingly positive Decisive break below 160 level needed to change that CHFJPY suffered a minor retreat in recent weeks, after hitting a Read more…
NZDUSD headed for eighth straight day of gains Bullish momentum continues to strengthen But is it at risk of a negative correction? NZDUSD reached a fresh five-month high of 0.6293 on Wednesday, as its bullish Read more…