Daily Pivots: (S1) 1.0495; (P) 1.0531; (R1) 1.0565; More… EUR/USD is staying in range trading and intraday bias remains neutral. On the downside, break of 1.0471 support will suggest that corrective recovery from 1.0330 has Read more…
Daily Pivots: (S1) 1.2737; (P) 1.2758; (R1) 1.2791; More… GBP/USD is still bounded in sideway trading and intraday bias stays neutral. Rebound from 1.2486 short term bottom could still extend higher. But outlook will stay Read more…
Daily Pivots: (S1) 0.8787; (P) 0.8810; (R1) 0.8853; More… Intraday bias remains on the upside for the moment. As noted before, corrective fall from 0.8956 could have completed at 0.8735 after hitting 55 D EMA. 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. If pizza is one of your favorite comfort foods, chances are Read more…
BoC cut its overnight rate by 50 basis points to 3.25% as anticipated, but a notable shift in tone suggests a loosening of its easing bias. The central bank stated that interest rates have been Read more…
The Bank of Canada today reduced its target for the overnight rate to 3¼%, with the Bank Rate at 3¾% and the deposit rate at 3¼%. The Bank is continuing its policy of balance sheet Read more…
The Consumer Price Index (CPI) rose 0.3% month-on-month (m/m) in November, after rising 0.2% m/m in each of the previous four months. On a twelve-month basis, CPI ticked up to 2.7% (from 2.6% in October). Read more…
Daily Pivots: (S1) 151.18; (P) 151.69; (R1) 152.47; More… Intraday bias in USD/JPY remains mildly on the upside for the moment. Corrective pullback from 156.74 could have completed at 148.64, and larger rise from 139.57 Read more…
Dollar showed minimal reaction, other than some initial jitters, to November’s US CPI data, holding steady within its range as the report largely aligned with expectations. Headline inflation edged up, while core inflation remained flat, 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 temperatures are dropping, and holiday festivities are in full swing Read more…