Daily Pivots: (S1) 1.2624; (P) 1.2654; (R1) 1.2673; More… GBP/USD retreated after breaching 1.2667 resistance briefly. Intraday bias is back on the downside with break of 55 4H EMA (now at 1.2628). Retest of 1.2517/38 Read more…
Daily Pivots: (S1) 0.8989; (P) 0.9033; (R1) 0.9057; More…. Intraday bias in USD/CHF remains neutral at this point. On the downside, firm break of 55 4H EMA (now at 0.9018) will bring deeper pullback. But Read more…
Daily Pivots: (S1) 151.06; (P) 151.41; (R1) 151.71; More… USD/JPY’s breach of 151.02 support suggests short term topping at 151.96. Intraday bias is now mildly on the downside for deeper pullback to 55 D EMA Read more…
Japanese Yen rebounded broadly in Asian session today, shot up by comments from BoJ Governor Kazuo Ueda regarding the conditions for future interest rate hikes. Ueda’s discussion, while not immediately setting the stage for rate Read more…
DOW tumbled sharply overnight, shedding -530 points or -1.35%, marking its most pronounced session drop since March 2023 and its fourth consecutive day of losses. This sharp decline seems a natural reaction after the index’s Read more…
Key Highlights USD/JPY rallied toward 152.00 before it started a consolidation phase. A major bullish trend line is forming with support at 151.20 on the 4-hour chart. Gold prices rallied further and tested the $2,300 Read more…
In an interview with The Asahi Shimbun newspaper, BoJ Governor Kazuo Ueda highlighted extended Yen weakness could prompt further rate hikes by the central bank. “If exchange rate trends have an effect on the cycle 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. There are many types of sheets on the market like cotton, Read more…
A wave of comments from several Fed officials overnight highlighted a consensus on the need for patience before initiating interest rate reductions. While the higher than expected inflation readings in January and February were “concerning”, Read more…
The topic of BlackBerry (BB) cell phones is coming back from the dead, but not for the right reasons. Its new CEO John Giamatteo is facing a lawsuit, which was filed on April 3, from Read more…