Daily Pivots: (S1) 0.9051; (P) 0.9080; (R1) 0.9103; More… While USD/CHF pull back from 0.9200 extends lower, downside is still contained above 0.9007 support. Intraday bias remains neutral and further rise is in favor. Above 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. Mattresses are expensive, and can easily run anywhere from the hundreds Read more…
Eurozone PMI data for January showed cautious improvement, with PMI Composite rising from 49.6 to 50.2, a five-month high, signaling a return to marginal growth. Manufacturing PMI increased to 46.1, its highest in eight months, Read more…
The Bank of Japan (BOJ) has raised short-term interest rates to 0.5%, the highest level in 17 years. While this move was anticipated, the currency market responded with a significant strengthening of the yen, with Read more…
As shown by the S&P 500 chart (US SPX 500 mini on FXOpen), the stock index: → has increased by approximately 3.5% since the start of the year; → surpassed its previous all-time highs set Read more…
Daily Pivots: (S1) 155.59; (P) 156.23; (R1) 156.71; More… USD/JPY’s is staying above 154.77 temporary low despite today’s dip, and intraday bias remains neutral. Further decline remains in favor for now. Sustained trading below 55 Read more…
Dollar’s decline accelerated as the week progressed towards the last day, weighed down by strong risk-on sentiment and investor optimism. S&P 500 closed at a new record high on Thursday, with NASDAQ and DOW poised Read more…
BoJ raised its uncollateralized overnight call rate by 25bps to 0.50% as widely expected, marking the highest level since 2008. The decision, made by an 8-1 vote, saw dissent from board member Nakamura Toyoaki, who Read more…
Market exuberance about the US growth outlook has pushed up interest rates and the US dollar, as has the stance of US fiscal policy. But can high interest rates and a seemingly overvalued exchange rate Read more…
Key insights from the week that was. Amid a relatively quiet week for domestic data, the Westpac-DataX Consumer Panel was published for Q4. Using an anonymised sample of over one million Westpac customers, the panel Read more…