In an interview with the Financial Times, BoE Governor Andrew Bailey acknowledged that while inflation had recently dropped to target levels, there remains “a distance to travel” in managing price stability. He noted that inflation Read more…
EURAUD trades aggressively higher today The upleg has paused at two key SMAs Momentum indicators are mostly bullish EURAUD is recording a sizeable upleg today following the weak Australian GDP print for the third quarter Read more…
The Australian dollar fell to a four-month low of 0.6450 against the US dollar on Wednesday, following disappointing GDP data that heightened expectations for potential interest rate cuts by the Reserve Bank of Australia (RBA). Read more…
Eurozone PPI increased by 0.4% mom in October, aligning with market expectations. On an annual basis, PPI fell by -3.2% yoy, the anticipated -3.3% decline, reflecting mixed dynamics across sectors. In Eurozone, Energy prices surged Read more…
UK services sector showed signs of slowing in November, with final PMI Services reading dropping to 50.8 from October’s 52.0, marking the weakest level in 13 months. Composite PMI similarly declined to 50.5 from 51.8, Read more…
Eurozone’s final PMI Services reading fell to 49.5 from October’s 51.6, marking a 10-month low. Composite PMI followed suit, dipping to 48.3 from 50.0, also the lowest in 10 months, indicating that the region’s private Read more…
USDJPY stuck within 149.55-150.00 area Short-term risk is skewed to the downside ADP Jobs data, ISM non-mfg PMI on the agenda USDJPY is pushing again for a close above the 150.00 number and the 200-day exponential 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. When it comes to solid cookware, performance is more important than Read more…
WTI crude oil meets 70.00 level Remains in trading range in short-term Broader outlook is still bearish WTI crude oil prices have seen a notable bullish reaction during yesterday’s session, almost testing the medium-term descending Read more…
USD/JPY Over the past week, the USD/JPY pair dropped by approximately 500 pips. As anticipated, sellers tested the critical 150.00–149.00 range. This level may serve as the starting point for an upward corrective rebound. The Read more…