Germany ZEW Economic Sentiment fell from 47.5 to 41.8 in July, below expectation of 44.3. That’s also the first decline in a year since July 2023. Current Situation Index rose from -73.8 to -68.9, above Read more…
Gold prices have surged, reaching $2430 per troy ounce on Tuesday, flirting with historic highs. The recent spike in gold prices is largely attributed to comments made by Federal Reserve Chairman Jerome Powell, which have Read more…
Gold price rose further in early Tuesday following more dovish tones from Fed Powell in his speech on Monday, which contributes to growing expectations that the Fed may soon decide to start cutting interest rates. Read more…
USDJPY finds support near 158.00 after rapid downfall Short-term risk remains in the bearish zone; eyes on 155.00 level US retail sales due for release at 12:30 GMT USDJPY set a strong foothold near its 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. Whether it’s time to replace your years-old, flat pillows or you Read more…
EURJPY jumped to its highest since January 1992 last week But corrected lower after suspected Japanese intervention Oscillators weaken but remain above neutral zones EURJPY has been in a steep uptrend since the beginning of the year, Read more…
The NZDUSD pair remains under pressure near 0.6075 in early Asian trading on Tuesday, affected by weak Chinese economic data and a modest rebound in the US Dollar. Attention is on the upcoming US Retail Read more…
Market Picture The crypto market has rallied nearly 2% over the past 24 hours to a $2.34 trillion cap, with the slippage at the start of the day pushing the figure to $2.38 trillion, a Read more…
Markets Fed Chair Powell in an interview at the Economic Club of Washington DC didn’t want to commit to any timing of a first Fed rate cut. By doing so, he effectively closed the door Read more…
Daily Pivots: (S1) 204.32; (P) 204.86; (R1) 205.57; More… Intraday bias in GBP/JPY is turned neutral first. Corrective fall from 208.09 short term top could still extend lower. Break of 203.82 would target 38.2% retracement Read more…