With increased interest in Japan from American tourists, a number of airlines have been competing for routes to both Tokyo and smaller cities such as Kyoto and Osaka. At the start of the year, American Read more…
The British pound is coming off a quiet week and the lack of activity has continued on Monday. Early in the North American session, GBP/USD is trading at 1.3040, down 0.14% on the day. It’s Read more…
Transcript: Conway Gittens: I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today. It’s going to be a busy week filled with earnings and economic data, so investors are Read more…
In a speech today, Minneapolis Fed President Neel Kashkari indicated that ” further modest reductions in our policy rate will be appropriate in the coming quarters to achieve both sides of our mandate.” Kashkari stressed Read more…
Markets Chinese stock markets eventually closed 2% to 3% higher, giving the benefit of the doubt to further steps to support the property sector and hints at greater borrowing announced by Finance Minister Lan Fo’an Read more…
Daily Pivots: (S1) 1.0923; (P) 1.0938; (R1) 1.0954; More…. EUR/USD is staying above 1.0899 temporary low and intraday bias stays neutral first. Further decline is expected as long as 1.0996 resistance holds. On the downside, Read more…
Daily Pivots: (S1) 1.3045; (P) 1.3064; (R1) 1.3089; More… Intraday bias in GBP/USD stays neutral and outlook is unchanged. Fall from 1.3433 short term top could extend lower. But strong support should be seen from Read more…
Daily Pivots: (S1) 0.8557; (P) 0.8573; (R1) 0.8590; More… USD/CHF’s rise from 0.8374 resumed after brief consolidations Intraday bias is back on the upside for 38.2% retracement of 0.9223 to 0.8374 at 0.8698. Sustained break Read more…
Daily Pivots: (S1) 148.58; (P) 148.94; (R1) 149.46; More… USD/JPY’s rise from 139.57 resumed after brief consolidations and intraday bias is back on the upside, This rally is seen as the second leg of the Read more…
Dollar is broadly stronger today in what is otherwise a quiet trading session. With US markets closed for holiday, overall activity has been subdued. However, Dollar bulls seem to be taking advantage of the thinner Read more…