Greek ECB Governing Council member Yannis Stournaras told Bloomberg today that a 25 bps rate cut at the upcoming December meeting would represent “an optimal reduction”. He acknowledged that interest rates remain firmly in restrictive 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. It’s time to start thinking about your holiday travel plans and Black Read more…
While the word “bankruptcy” brings to mind images of shuttered gates and liquidation (and that is indeed what happened to a number of low-cost airlines this year), filing for Chapter 11 protection is actually a Read more…
U.S. stocks could extend their bull-market run well into next year, a top Wall Street analyst suggested Monday, as the world’s largest economy outperforms its peers under the leadership of President-elect Donald Trump and the Read more…
EUR/USD faces pressure due to a strong US Dollar and concerns about the ECB’s policy direction. The US election and potential trade war concerns are weighing on the Euro. The interest rate differential between the Read more…
Daily Pivots: (S1) 1.0506; (P) 1.0549; (R1) 1.0583; More… EUR/USD is staying in consolidation above 1.0495 temporary low and intraday bias stays neutral. Outlook will stay bearish as long as 1.0760 support turned resistance holds. Read more…
Daily Pivots: (S1) 1.2580; (P) 1.2638; (R1) 1.2680; More… GBP/USD’s fall from 1.3433 is in progress and intraday bias stays on the downside. Next target is 100% projection of 1.3433 to 1.2842 to 1.3047 at Read more…
Daily Pivots: (S1) 0.8857; (P) 0.8883; (R1) 0.8906; More… USD/CHF is extending consolidations below 0.8916 temporary top and intraday bias stays neutral. Outlook remains bullish as long as 0.8773 resistance turned support holds. On the Read more…
Daily Pivots: (S1) 153.18; (P) 154.97; (R1) 156.07; More… Intraday bias in USD/JPY remains neutral for the moment. Another rise is in favor as long as 153.87 resistance turned support holds. Break of 156.74 will Read more…
The forex markets are largely consolidating today, with no major developments to drive decisive moves. Euro is showing some recovery, but the uptick appears more like a corrective bounce than a reversal. Sterling and Swiss Read more…