TheStreet’s Sara Silverstein brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Monday, April 8. Full Video Transcript Below: SARA SILVERSTEIN: I’m Sara Silverstein reporting Read more…
Daily Pivots: (S1) 151.04; (P) 151.40; (R1) 151.98; More… No change in USD/JPY’s outlook as range trading continues. Intraday bias remains neutral at this point. On the downside, break of 150.80 will turn bias back Read more…
Daily Pivots: (S1) 0.8988; (P) 0.9029; (R1) 0.9061; More…. USD/CHF recovers today but stays below 0.9094 resistance. Intraday bias remains neutral and more consolidations would be seen. Deeper decline cannot be ruled out, but outlook Read more…
Benchmark treasury yields in US and Europe rise notably in a day of relatively slow news flow. At the same time, Copper is extending recent up trend while Gold edged higher to new record. European Read more…
Eurozone Sentix Investor Confidence index surged from -10.5 to -5.9 in April, surpassing expectations of -8.3. This marks the sixth consecutive increase, reaching its highest since February 2022. Similarly, Current Situation Index climbed from -18.5 Read more…
Gold’s price soared to a new record high on Monday, stabilising around 2344.00 USD per troy ounce. A confluence of factors is currently bolstering the precious metal’s value. Geopolitical tensions in the Middle East are Read more…
Higher oil prices have led to higher inflationary expectations in the US via the breakeven rates. Recent rise in inflationary expectations coupled with recent “less dovish” Fed Speak from Fed officials Kashkari, and Bostic has Read more…
EURUSD fluctuates near its 50- and 200-day SMAs Forms two successive doji candles, unable to adopt a direction Momentum indicators strengthen but remain negative EURUSD experienced an aggressive decline before finding its feet at 1.0722, a region Read more…
Gold reaches 2,353.90 above 161.8% Fibonacci extension MACD and RSI move higher in overbought regions Gold prices are experiencing a fresh higher high today around the 2,353.90 level, successfully surpassing the 161.8% Fibonacci extension level Read more…
Gold continues to trend higher and posted new record high ($2354) in early Monday trading, in extension of last week’s 4% advance, which generated strong bullish signal on weekly close above psychological $2300 barrier. The Read more…