Markets The TACO-trade met it’s maker. “Iran Never Chickens Out” pushed the US tech-heavy Nasdaq index into correction territory last week, trading around 12.50% off the all-time high reached in January (20948 close vs 24020). Read more…
Middle East tensions escalated over the weekend as around 3’500 US troops came to the region – increasing the chances of a ground operation that will likely last weeks – and Iran-backed Houthis joined the Read more…
In focus today In the euro area, focus turns to the German flash inflation print and the seller price expectations in the EU Commissions’ business surveys for March. German inflation is projected to rise to Read more…
Daily Pivots: (S1) 0.6854; (P) 0.6884; (R1) 0.6904; More… AUD/USD recovers mildly after initial dip, but there is no sign of bottoming yet. Intraday bias stays on the downside at this point. Current fall from Read more…
Dollar has entered tactical consolidation as markets weigh a high-stakes diplomatic effort in Pakistan against the escalating risks of a “Maritime Double Chokepoint.” While regional powers attempt to broker an Iran ceasefire, the absence of Read more…
We are currently facing a market that feels increasingly unstable. And honestly, in all my years of trading and watching the markets, this trading environment is something else. But why? And why now? Rising geopolitical Read more…
Japan has officially triggered its “Final Warning” as USD/JPY breached the 160 Red Line, but the resulting policy pressure is unlikely to break the back of Dollar. Instead, the coordinated “Double-Team” effort from the Ministry Read more…
Gaming is getting more expensive, and everyone is feeling the pinch. Sony (SONY) said it will raise U.S. prices for the PlayStation 5 lineup starting April 2. The standard PS5 will cost $649.99, the Digital 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 We’re all so busy, so we Read more…
Key Highlights EUR/USD started a fresh decline and traded below 1.1550. It traded below a bullish trend line with support at 1.1520 on the 4-hour chart. GBP/USD extended losses and traded below 1.3320. Gold prices Read more…