GBP/USD stabilizes near 50-SMA as traders await BoE rate cut. Technical signals cannot guarantee bullish continuation. GBP/USD is facing a pivotal moment near the 1.2500 round level and its 50-day simple moving average (SMA) just Read more…
Market Picture The cryptocurrency market is in no hurry to recover. Trading near $3.3 trillion in capitalisation, the crypto market is consolidating at a lower level. Before that, there was consolidation near $3.5 trillion, and Read more…
As we reported on 3 February, the decision by the US president to impose 25% tariffs on goods imported from Canada sent the USD/CAD rate soaring to a 22-year high. However, after a round of Read more…
Eurozone retail sales slipped by -0.2% mom in December, missing market expectations of -0.1% decline and pointing to continued weakness in consumer demand. The drop was largely driven by -0.7% contraction in food, drinks, and 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. Outdoor furniture is one of the elements that can truly help Read more…
The Bank of England (BoE) is expected to announce a 25 bps rate cut on February 6, 2025. Weak UK Data and ongoing trade war and geopolitical risks pose threat to BoE policy. Key levels Read more…
USDCAD, H4 On the H4, USDCAD, after a sharp fall, reached a critical support area and rebounded. DeMarker came out of the oversold zone, which makes a slight rise possible on a break above the Read more…
ECB Executive Board member Piero Cipollone indicating that while “there is still room for adjusting rates downwards”, the March decision remains uncertain. He stated that ECB must be “extremely careful” in its assessment, and he Read more…
Markets US Treasury Secretary Bessent seems to manifest himself as the voice of reason for US President Trump’s chaotic, sometimes illogic, burst of thoughts. In an interview with Fox Business he elaborated on/clarified themes like Read more…
Sentiment across Europe and the US improves on waning trade tensions with the US. Most major indices ended the session in the green, but gains in the US were questionable due to the underwhelming set Read more…