Germany’s Ifo Business Climate index edged higher from 85.3 to 86.7 in March, While the rise was slightly below market expectations of 87.0, the improvement was broad-based across sectors. Current Assessment Index ticked up from Read more…
As April 2 approaches—the date when Trump’s international trade tariffs are set to take effect—traders are increasingly concentrating on this highly uncertain issue. Yesterday, the U.S. president stated that: → Tariffs on cars would be 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. Need to upgrade your outdoor space? A patio set is the Read more…
The US Dollar Index (DXY) rose to a three-week high due to positive US business activity data and improved sentiment. US Services PMI showed growth, driving the overall positive economic data. Market focus shifts to Read more…
Daily Pivots: (S1) 193.26; (P) 194.02; (R1) 195.51; More… Intraday bias in GBP/JPY stays neutral at this point. On the upside, above 194.89 will resume the rebound from 187.04 towards 198.94 resistance. On the downside, Read more…
Daily Pivots: (S1) 161.93; (P) 162.37; (R1) 163.22; More… EUR/JPY is extending consolidation below 164.16 and intraday bias stays neutral. Further rally remains in favor as long as 160.02 support holds. Above 164.16 will target Read more…
Daily Pivots: (S1) 0.8339; (P) 0.8365; (R1) 0.8384; More… Intraday bias in EUR/GPB remains neutral first. On the downside, sustained break of 55 D EMA (now at 0.8347) will suggest that rise from 0.8239 has Read more…
Daily Pivots: (S1) 1.7146; (P) 1.7202; (R1) 1.7240; More… EUR/AUD’s consolidation from 1.7417 is still extending and intraday bias remains neutral. Downside of retreat should be contained by 0.6990 support to bring rebound. On the Read more…
Daily Pivots: (S1) 0.9518; (P) 0.9548; (R1) 0.9567; More…. No change in EUR/CHF’s outlook as consolidations continue below 0.9660. Intraday bias remains neutral for the moment. Further rally is expected as long as 0.9489 support Read more…
Markets US markets yesterday enjoyed an eye-catching ‘risk-on rebound’ with higher equities, higher yields and a stronger dollar. Europe this time lagged the move in the US. Headlines of US administration potentially turning to a Read more…