Eurozone retail sales rose just 0.1% mom in April, falling short of expectations for a 0.2% mom rise. Modest gains in food, drink, and tobacco sales (+0.5%) and a solid rebound in automotive fuel purchases 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 are looking for outdoor furniture that will last for Read more…
One day after ECB delivered its eighth rate cut in this easing cycle, a coordinated message emerged from several Governing Council members: ECB is not committing to further immediate action. Latvian central banker Martins Kazaks Read more…
Silver has experienced a significant breakout, decisively surpassing its previous high from October 2024. This signals the start of the next upward leg in its price trajectory. From the last notable low on April 7, Read more…
The major currency pairs, EUR/USD and USD/JPY, are showing restrained movement as markets await the release of key US employment data. Investors remain cautious, assessing the outlook for monetary policy in light of recent central Read more…
Yesterday, as widely expected, the European Central Bank (ECB) cut interest rates for the eighth time since May 2024. According to ForexFactory, the main refinancing rate was lowered from 2.40% to 2.15% (having stood at Read more…
Daily Pivots: (S1) 193.57; (P) 194.54; (R1) 195.80; More… Intraday bias in GBP/JPY remains neutral as range trading continues. Further rise is in favor as long as 191.86 support holds. Firm break of 196.38 will Read more…
Daily Pivots: (S1) 163.25; (P) 163.96; (R1) 165.04; More… Intraday bias in EUR/JPY is back on the upside with break of 164.24. Firm break of 165.19 will resume whole rally from 154.77 and target 166.67 Read more…
Daily Pivots: (S1) 0.8414; (P) 0.8431; (R1) 0.8451; More… No change in EUR/GBP’s outlook and intraday bias remains neutral. On the upside, above 0.8448 will resume the rebound to 38.2% retracement of 0.8737 to 0.8354 Read more…
Daily Pivots: (S1) 1.7543; (P) 1.7574; (R1) 1.7624; More… No change in EUR/AUD’s outlook and intraday bias stays neutral. On the upside, firm break of 38.2% retracement of 1.8554 to 1.7245 at 1.7745 will solidify Read more…