Richmond Fed President Thomas Barkin highlighted the strength of the labor market and the encouraging trend of decreasing inflation in a Bloomberg TV interview. The cautious yet optimistic outlook grants Fed a period of watchful Read more…
TheStreet’s J.D. Durkin brings the latest business headlines from the floor of the New York Stock Exchange as markets close for trading Thursday, February 8. Full Video Transcript Below: I’m J.D. Durkin, reporting from the Read more…
BTCUSD ascends sharply after claiming 50-day SMA Currently challenges the December peak of 44,785 Momentum indicators are starting to look overbought BTCUSD (Bitcoin) experienced a strong decline from its recent two-year peak of 49,051, dropping to as Read more…
EUR/USD is slightly lower on Wednesday. In the North American session, the euro is trading at 1.0751, down 0.20%. German inflation expected at 0.2% Germany’s CPI is expected at 0.2% m/m on Friday, which would Read more…
The Japanese yen is down sharply on Thursday. In the European session, USD/JPY is trading at 149.12, up 0.64%. This is the yen’s lowest level against the US dollar since November 27. BoJ’s Uchida hints Read more…
Daily Pivots: (S1) 1.0755; (P) 1.0770; (R1) 1.0787; More… EUR/USD is still holding above 1.0722 support and intraday bias stays neutral. On the downside, decisive break of 1.0722 will argue that whole rise from 1.0447 Read more…
Daily Pivots: (S1) 1.2599; (P) 1.2620; (R1) 1.2650; More… GBP/USD retreated ahead of 55 4H EMA (now at 1.2642) and intraday bias is turned neutral first. Above 1.2641 will resume the rebound from 1.2517 to Read more…
Daily Pivots: (S1) 0.8706; (P) 0.8730; (R1) 0.8770; More…. Intraday bias in USD/CHF remains on the upside as rise from 0.8332 is in progress. Further seen to 61.8% retracement of 0.9243 to 0.8332 at 0.8995 Read more…
Good morning and welcome to Tech News Now, TheStreet’s daily tech rundown. In today’s edition, we’re covering new lawsuits filed against the European Union by Meta and the parent of TikTok, Disney’s buy-in to “Fortnite” developer Epic Read more…
Daily Pivots: (S1) 147.79; (P) 148.02; (R1) 148.42; More… USD/JPY’s rally from 140.25 is in progress and intraday bias remains on the upside. Further rally is expected to retest 151.89/93 key resistance zone. Decisive break Read more…