Month: September 2024

Markets Returning after a long weekend due to the Labour Day holiday, US investors see the glass half empty rather than half full looking forward to key US eco data to be published today (ISM Read more…

US ISM Manufacturing PMI rose from 46.8 to 47.2 in August, below expectation of 47.8,, indicates a fifth consecutive month of contraction. Looking at some details,, new orders fell from 47.4 to 44.6. Production fell Read more…

The US dollar’s recovery continues, and other markets are starting to notice. The dollar index is up 1.4% to 101.7, having found support twice in the first half of last week before falling to 101.4. 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’s no better time to buy furniture than the days surrounding Walmart’s Read more…

Daily Pivots: (S1) 1.1050; (P) 1.1064; (R1) 1.1086; More…. No change in EUR/USD’s outlook. While retreat from 1.1200 might extend lower, rally from 1.0665 is in favor to continue as long as 1.0947 resistance turned Read more…

Daily Pivots: (S1) 1.3126; (P) 1.3140; (R1) 1.3162; More… GBP/USD is still extending the consolidation from 1.3265 and intraday bias stays neutral. While deeper retreat cannot be ruled out, downside should be contained well above Read more…

Daily Pivots: (S1) 0.8489; (P) 0.8513; (R1) 0.8542; More… Intraday bias in USD/CHF stays neutral at this point, and further decline is expected as long as 0.8540 resistance holds. Break of 0.8339 will resume the Read more…

Daily Pivots: (S1) 146.08; (P) 146.62; (R1) 147.47; More… Intraday bias in USD/JPY is turned neutral with current retreat. But further rise will remain in favor as long as 143.43 support holds. Above 147.20 will Read more…

Yen staged a notable rebound today, joined by Dollar and Swiss Franc. In contrast, Australian Dollar is leading losses among commodity currencies. Risk-off mood appears to be taking hold, which is also evident in US Read more…