The previous Consumer Price Index (CPI) report was published on 13 January and had a significant impact on Bitcoin’s price. As the BTC/USD chart shows: → shortly after the release, the price surged aggressively to Read more…
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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 Never underestimate the power of light. Read more…
USD/CAD edges higher but remains bearish in the long term. Technical oscillators show early signs of upside appetite while still in negative territory. USD/CAD is extending its three‑day rebound, climbing back above 1.3600 as broad Read more…
As the chart of the Nasdaq 100 index (US Tech 100 mini on FXOpen) shows, bearish sentiment currently dominates the equity market. Yesterday, the technology index fell by around 2%. Why Is the Nasdaq 100 Read more…
Switzerland’s consumer prices slipped -0.1% mom in January, undershooting expectations for a flat reading. The decline was largely driven by a -0.6% drop in imported product prices, while domestic prices edged up 0.1% on the Read more…
Markets Risk averse US investors yesterday upended an otherwise calm, stoic trading session. Equity markets suffered declines from 1.3-2% with tech (valuation) worries flaring up again. Technicals favoured some return action as well with the Read more…
Wall Street had an ugly session on Thursday. Technology was responsible for most of the losses, but not for the same reasons. Cisco plunged 12% after warning that rising memory chip prices could squeeze margins, Read more…
In focus today The US January CPI report, that was originally scheduled for Wednesday, will be released today. We think headline inflation slowed down to +0.2% m/m SA (+2.4% y/y) driven by lower gasoline prices Read more…
Daily Pivots: (S1) 207.25; (P) 208.41; (R1) 209.24; More… Immediate focus stays on 38.2% retracement of 197.47 to 214.83 at 208.19 in GBP/JPY. Sustained break there will argue that it’s already correcting whole up trend Read more…