Daily Pivots: (S1) 0.6208; (P) 0.6234; (R1) 0.6257; More… No change in AUD/USD’s outlook for now, and intraday bias stays mildly on the downside. Corrective rebound from 0.6130 could have completed at 0.6329. Deeper fall Read more…
Unlike the Federal Reserve, which opted to leave its monetary policy unchanged, the Bank of Canada cut its interest rate yesterday. According to Forex Factory, as expected by analysts, the Overnight Rate was lowered by Read more…
Eurozone economy stalled in Q4, posting 0.0% qoq growth, falling short of modest expectations for a 0.1% expansion. Meanwhile, EU-wide GDP grew by 0.1% qoq, indicating marginal economic activity across the bloc. Among individual member 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 you’re determined to cook at home more this year, an Read more…
Daily Pivots: (S1) 1.4383; (P) 1.4427; (R1) 1.4465; More… USD/CAD is still bounded in range trading below 1.4516 and intraday bias stays neutral. More consolidations would be seen, but further rally is expected as long Read more…
FOMC rate decision and press conference yesterday proved to be a non-event. Dollar remained firm following the decision to keep interest rates unchanged at 4.25–4.50%. Fed Chair Jerome Powell reinforced a patient approach to policy Read more…
The Federal Reserve held interest rates steady and signaled a “wait and see” approach as uncertainties remain. US Commerce Secretary Nominee Lutnick expressed support for sweeping tariffs, claiming they don’t impact inflation. President Trump blamed Read more…
As shown on the 4-hour chart of the Nasdaq 100 (US Tech 100 mini on FXOpen), the index stood around the 21,600 level this morning, near the weekly high that formed at Monday’s open. This Read more…
Yesterday’s Fed meeting proceeded in line with expert forecasts. The base interest rate remained at 4.50%. Jerome Powell, who spoke after the Fed’s decision was announced, did not clarify the future direction of monetary policy. Read more…
Switzerland’s KOF Economic Barometer climbed to 101.6 in January, up from 99.6 and surpassing market expectations of 100.5. This data suggests modest pickup in economic momentum, particularly in production-side sectors. According to KOF, “the majority Read more…