Key Highlights USD/JPY started a downside correction from the 153.25 zone. A key bearish trend line is formed with resistance at 151.70 on the 4-hour chart. EUR/USD started a recovery wave above 1.1600 but faces Read more…
U.S. 10-year Treasury yield tumbled decisively below the 4.00% mark overnight, hitting its lowest level since April and flashing renewed signs of market stress. The next key support lies at around 3.9%, where some stabilization Read more…
Minneapolis Fed President Neel Kashkari said overnight that the balance of risks in the U.S. economy has shifted, with greater danger of a labor market slowdown than of a sharp rebound in inflation. Neveretheless, he Read more…
BoJ Governor Kazuo Ueda reiterated overnight that the central bank will consider rate hikes “if our confidence in hitting the outlook increases”. He added that he intends to continue gathering informations before making any decisions Read more…
Speaking at an IMF event, ECB President Christine Lagarde said the Eurozone economy has reached a point of relative stability, with inflation now close to the ECB’s 2% goal. “We are in a good place, 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 While those who enjoy a nice Read more…
History suggests that waves of technological innovation take time to show up in productivity, with users not producers reaping the spoils. Productivity pessimism in Australia should not last forever. Like the computer revolution before it, Read more…
Key insights from the week that was. In Australia, the September Labour Force Survey was one of two key data releases in the run-up to the RBA’s November decision. The release points to a bit Read more…
CADCHF: ⬇️ Sell CADCHF broke support level 0.5700 Likely to fall to support level 0.5600 CADCHF currency pair recently broke below the pivotal support level 0.5700 (which has been reversing the pair from the middle Read more…
USDCHF: ⬇️ Sell USDCHF reversed from resistance zone Likely to fall to support level 0.7865 USDCHF currency pair recently reversed from the resistance zone between the pivotal resistance level 0.8055 (which has been reversing the Read more…