Iran insists on control of the Strait of Hormuz and is demanding compensation. The US withdrawal from the Middle East could mark the beginning of the end of the petrodollar era. Rising oil prices, triggered 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 If you’re shopping around for great Read more…
GBP/USD traded at 1.3364 on Thursday. The pair declined over the previous two sessions and is now showing signs of a tentative recovery amid expectations of a possible de-escalation in the Middle East conflict. The Read more…
Key takeaways Bearish trend intact despite rebound: Gold (XAU/USD) plunged 15% to a 4-month low before a 12% rebound, but the bounce is likely a dead cat bounce, with another bearish leg expected. Stagflation & Read more…
As can be observed on the XAG/USD chart, the price of silver has once again dropped below the psychological $70 level. At the same time, this week has been marked by sharp fluctuations: on Monday, Read more…
If last Thursday trading was taking place below the 1.6300 level, today one euro is worth more than 1.6660 Australian dollars. The upward trend seen in recent days has been driven by a combination of 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 As the weather gets warmer, our Read more…
Bundesbank President Joachim Nagel signaled today that an April ECB rate hike is a live option, driven by rising inflationary risks following the conflict-induced energy spike in Iran. Nagel emphasized that the Governing Council will Read more…
Daily Pivots: (S1) 0.8640; (P) 0.8655; (R1) 0.8664; More… Intraday bias in EUR/GBP remains neutral at this point. With 55 D EMA (now at 0.8681) intact, further decline is in favor. On the downside, firm Read more…