On Thursday, the EUR/USD pair is trading around 1.1646, consolidating after the previous session’s volatility. The market is stabilising following the recent US dollar rally, driven by expectations ahead of the Federal Reserve’s annual symposium Read more…
The UK economy showed firmer momentum in August, with Composite PMI climbing from 51.5 to 53.0, its highest in a year. Services provided the bulk of the support, rising from 51.8 to 53.6, also a Read more…
The second day of protests at Microsoft’s headquarters involved red paint. A Microsoft employee has been arrested as part of protests at the company’s headquarters in Redmond, Washington this week. On Tuesday, a group of Read more…
The second day of protests at Microsoft’s headquarters involved red paint. A Microsoft employee has been arrested as part of protests at the company’s headquarters in Redmond, Washington this week. On Tuesday, a group of Read more…
As today’s NZD/USD chart shows, the pair is trading near a four-month low following a sharp decline. The drop occurred yesterday after the Reserve Bank of New Zealand cut the official cash rate by 25 Read more…
Commodity currencies, particularly the Australian and Canadian dollars, remain under pressure ahead of the Jackson Hole Symposium, as investors await signals from Jerome Powell on the future trajectory of the Federal Reserve’s monetary policy. Adding Read more…
Eurozone private sector activity gained modest momentum in August, with Composite PMI rising from 50.9 to 51.1, its highest level in 15 months. Manufacturing led the improvement, climbing from 49.8 to 50.5, a 38-month high. 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 Though the weather is still warm, Read more…
Daily Pivots: (S1) 0.8623; (P) 0.8645; (R1) 0.8682; More… EUR/GBP’s break of 0.8652 resistance suggests that corrective pattern from 0.8752 has completed at 0.8595 after hitting 38.2% retracement of 0.8354 to 0.8752 at 0.8600. Intraday Read more…
Daily Pivots: (S1) 1.8036; (P) 1.8094; (R1) 1.8166; More… Intraday bias in EUR/AUD remains on the upside as rise from 1.7245 extends. Firm break of 61.8% projection of 1.7245 to 1.8094 from 1.7671 at 1.8196 Read more…