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Month: November 2024

Cryptocurrencies

GBP/USD Outlook: Steep Post-US Election Bear Leg Extends Below 1.2700

Cable continues to trend lower, riding on the wave of so-called Trump trades, as dollar rose significantly on post-election euphoria. Steep bear leg extends into fifth consecutive day and hit new multi-week low, coming close Read more…

By , 2 years ago November 14, 2024
Cryptocurrencies

Stock Market Today: Stocks steady, dollar soars amid ‘Trump trade’ hangover

Check back for updates throughout the trading day U.S. equity futures nudged higher in early Thursday trading, white the dollar accelerated to the highest levels in nearly two years, as investors continue to worry over Read more…

By , 2 years ago November 14, 2024
Cryptocurrencies

​​Macy’s is selling a ‘comfy’ $66 sheet set for only $20, and shoppers say it’s ‘worth every penny’

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. A nice set of sheets can make all the difference between Read more…

By , 2 years ago November 14, 2024
Cryptocurrencies

Commodity Currencies Reach New Lows

The rally in Bitcoin, meme coins, and the US dollar that followed Donald Trump’s presidential victory continues to gain momentum. The tariff cuts announced by the new president-elect have already contributed to declines in gold Read more…

By , 2 years ago November 14, 2024
Cryptocurrencies

S&P 500 Index Stabilises Near Resistance Block

The ATR indicator on the S&P 500’s 4-hour chart (US SPX 500 mini on FXOpen) currently shows a reduction in price volatility. This drop in volatility can likely be attributed to: → The market having Read more…

By , 2 years ago November 14, 2024
Cryptocurrencies

Dollar and US Yield Momentum is Strong

Markets US October inflation figures printed bang in line with expectations. Headline inflation picked up to 2.6% and core inflation matched September’s 3.3% with clear signs of price stickiness in housing-related costs (0.4% m/m) and Read more…

By , 2 years ago November 14, 2024
Cryptocurrencies

Something Must Give

US inflation came in parallel to expectations, confirming that headline inflation in the US stagnated near 0.3% level for a third month, the yearly figure rebounded from 2.4% to 2.6% as expected, while core inflation Read more…

By , 2 years ago November 14, 2024
Cryptocurrencies

US PPI and Euro Area GDP Data on Today’s Menu

In focus today From the US, October PPI is due for release today. Yesterday’s CPI print was largely in line with expectations (see more in section below) hence it will be interesting to see if Read more…

By , 2 years ago November 14, 2024
Cryptocurrencies

GBP/JPY Daily Outlook

Daily Pivots: (S1) 196.89; (P) 197.35; (R1) 198.05; More… Intraday bias in GBP/JPY remains neutral as range trading continues below 199.79. Further rally is expected as long as 55 D EMA (now at 195.24) holds. Read more…

By , 2 years ago November 14, 2024
Cryptocurrencies

EUR/JPY Daily Outlook

Daily Pivots: (S1) 163.65; (P) 164.23; (R1) 164.82; More…. Intraday bias in EUR/JPY remains neutral for consolidations above 163.19 temporary low. On the downside, sustained trading below 55 D EMA (now at 163.44) will argue Read more…

By , 2 years ago November 14, 2024

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