Daily Pivots: (S1) 1.3183; (P) 1.3284; (R1) 1.3341; More… Intraday bias in GBP/USD remains on the downside at this point. Fall from 1.3787, as a correction to rise from 1.2099, is in progress. Deeper decline Read more…
Daily Pivots: (S1) 148.39; (P) 148.96; (R1) 150.12; More… Intraday bias in USD/JPY remains on the upside for the moment. The break of 149.17 resistance suggests that rise from 139.87 is resuming. Further rally should Read more…
Daily Pivots: (S1) 0.8075; (P) 0.8113; (R1) 0.8189; More…. Intraday bias in USD/CHF remains on the upside or the moment. Rise from 0.7871 is at least corrective fall from 0.9200. Further rise should be seen Read more…
Daily Pivots: (S1) 1.3778; (P) 1.3812; (R1) 1.3864; More… Intraday bias in USD/CAD remains on the upside for the moment. Rise from 1.3538 is seen as correcting the decline from 1.4791. Further rise should be Read more…
Key Highlights WTI Crude Oil prices started a fresh increase above the $68.00 zone. It cleared many hurdles near $68.00 and $68.80 on the 4-hour chart. Gold could extend losses below the $3,300 support. EUR/USD Read more…
Asian economies delivered mixed signals as fresh data highlighted strength in Japan and Australia while exposing continued softness in China. Japan’s industrial production rose 1.7% mom in June, defying forecasts for a -0.7% mom decline. Read more…
The BoJ kept its short-term policy rate unchanged at 0.50% as expected, reaffirming its cautious stance in the face of growing external risks. While the central bank reiterated its intention to continue normalizing policy in Read more…
U.S. stocks ended mixed overnight after the Fed held its policy rate steady at 4.25–4.50%, in line with market expectations. The dissenting votes from Governors Christopher Waller and Michelle Bowman in favor of a cut 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. Why we love this deal This summer has been a hot Read more…
Summary The FOMC left the federal funds rate unchanged for the fifth consecutive meeting. The post-meeting policy statement had minimal changes and continued to characterize inflation as “somewhat elevated,” the unemployment rate as “low” and Read more…