The dollar index firmed in early Tuesday trading and pressuring the peaks of recovery leg from 105.37 (Dec 6 low). Although last Fri/Mon action was shaped in Doji candles and signaled indecision, this was likely Read more…
Finland’s ECB Governing Council member Olli Rehn highlighted growing risks to Europe’s economic outlook with the uncertainty over trade policy as a key downside factor. Rehn warned that Europe must be prepared to respond to Read more…
Eurozone goods exports rose 2.1% yoy to EUR 254.0B in October. Goods imports rose 3.2% yoy to EUR 247.2B. Trade balance stood at EUR 6.8B surplus. Intra-Eurozone trade rose 2.2% yoy to EUR 229.2B. In Read more…
German Ifo Business Climate Index declined to 84.7 in December, missing expectations of 85.6 and falling from 85.7 in November. This drop highlights persistent economic challenges in Europe’s largest economy, with sentiment continuing to slide Read more…
The EUR/USD pair is trading neutrally around 1.0510 as market participants adopt a cautious stance ahead of the Federal Reserve’s upcoming decision on interest rates. With the December meeting set to begin tonight and conclude 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. The right luggage can make or break your vacation. You’re going Read more…
Daily Pivots: (S1) 194.18; (P) 195.03; (R1) 196.41; More… GBP/JPY’s rebound from 188.07 resumed by breaking through 194.98 and intraday bias is back on the upside. Corrective pattern from 180.00 could be extending with another Read more…
Daily Pivots: (S1) 161.40; (P) 161.80; (R1) 162.47; More… Intraday bias in EUR/JPY is turned neutral first with current retreat. Another rise is in favor as long as 159.09 support holds. Sideway pattern from 154.40 Read more…
Daily Pivots: (S1) 0.8265; (P) 0.8296; (R1) 0.8320; More… EUR/GBP’s deep decline today and break of 0.8290 minor support turned intraday bias back to the downside for retesting 0.8224. Firm break there will resume larger Read more…
Daily Pivots: (S1) 1.6476; (P) 1.6503; (R1) 1.6529; More… Range trading continues in EUR/AUD and intraday bias remains neutral. On the upside, decisive break of 1.6598 resistance should confirm that whole fall from 1.7180 has Read more…