Daily Pivots: (S1) 1.2291; (P) 1.2333; (R1) 1.2359; More… GBP/USD is still extending consolidation pattern from 1.2099 and intraday bias remains neutral. Further decline is expected with 1.2486 support turned resistance intact. On the downside, Read more…
Daily Pivots: (S1) 0.9039; (P) 0.9062; (R1) 0.9090; More… USD/CHF is still bounded in consolidation from 0.9200 and intraday bias stays neutral. Further rally is expected with 0.9007 support intact. On the upside, decisive break Read more…
Daily Pivots: (S1) 0.6253; (P) 0.6274; (R1) 0.6296; More… No change in AUD/USD’s outlook and intraday bias remains neutral. Further decline is expected with 0.6301 resistance intact. Firm break of 0.6130 will resume the fall 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. While fitness tracker watches continue to gain popularity, there’s a new Read more…
Following Donald Trump’s inauguration, the dollar lost part of this month’s gains on Monday and adjusted to significant support levels. However, there is no clear development of a full-scale downward correction as yet. Most currency Read more…
Daily Pivots: (S1) 1.4322; (P) 1.4357; (R1) 1.4412; More… Range trading continues in USD/CAD and intraday bias remains neutral. Further rise is expected as long as 1.4260 support holds. Break of 1.4516 will resume larger Read more…
The forex markets remain unusually quiet today, with Dollar staying soft despite multiple attempts to rebound. The greenback has only managed meaningful gains against the weaker Yen and the struggling Canadian Dollar, while failing to Read more…
Gold prices surged past 2750 mark this week, supported largely by a weaker Dollar. The overall market sentiment is on a relatively calmer backdrop, with US President Donald Trump’s decision to delay tariff implementations contributed Read more…
Japan recorded a trade surplus of JPY 130.9B in December, the first surplus in six months, driven by a 2.8% yoy rise in exports to JPY 9.91T. Imports also jumped, rising 1.8% yoy to JPY Read more…
US equities were boosted by strong earnings and Trump’s AI push. Technology stocks led the rally, this time, and pushed Nasdaq 100 1.33% higher, the S&P500 hit a fresh intraday record high while gains in Read more…