GBP/JPY rose to 201.24 last week but retreated sharply from there. Nevertheless, downside is contained well above 197.93 support so far. Initial bias remains neutral for consolidations, and further rise is still in favor. On Read more…
EUR/JPY’s rally resumed by breaking through 173.77/8 resistance but lost momentum again after hitting 174.48. Initial bias remains neutral this week for more consolidations. Outlook will stay bullish as long as 172.11 support holds. Above Read more…
EUR/GBP surged through 0.8711 resistance last week. One interpretation is that consolidations pattern from 0.8752 has completed as a triangle at 0.8631. Initial bias remains on the upside this week for retesting 0.8752 high. Firm Read more…
EUR/AUD’s extended rebound last week and breach of 55 D EMA (now at 1.7809) suggests that pullback from 1.8155 has completed 17588, after defending 61.8% retracement of 1.7245 to 1.8155 at 1.7593. Initial bias remains Read more…
EUR/CHF edged lower again to 0.9311 but quickly rebounded. Upside is capped by 0.9354 resistance so far. Initial bias stays neutral this week first. Considering bullish convergence condition in 4H MACD, firm break of 0.9354 Read more…
Week in review – Fed Delivers Cut but Keeps Markets in Check A busy week that was still dominated by the highly anticipated Federal Reserve Meeting. I have to say, hats off to Fed Chair 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 “Travel essentials” can mean different things Read more…
Canadian Highlights Despite rate cuts from the Bank of Canada and the U.S. Federal Reserve, bond yields rebounded post-Fed press conference, leaving Canadian yields and equities flat for the week. Core inflation metrics remain elevated Read more…
Summary United States: The Balance of Risks Has Shifted The steadiness in consumer spending has helped prevent widespread layoffs, but rising tariff-related costs have limited firms’ ability to expand payrolls or undertake major capital investments. Read more…
Canada’s gross domestic product for July on Thursday will take center stage as early readings suggest the contraction in Q2 growth was not likely repeated in Q3. We expect GDP to post a 0.2% increase Read more…