Range trading continues in EUR/AUD and intraday bias stays neutral. Corrective pattern from 1.6108 (or 1.6125) is still extending. On the upside, above 1.6530 will target 1.6617 resistance first. On the downside, break of 1.6250 Read more…
EUR/CHF’s rally continues today and intraday bias remains on the upside. Sustained trading above 100% projection of 0.8979 to 0.9264 from 0.9094 at 0.9379 will carry larger bullish implications, and extend the rise from 0.8979 Read more…
Swiss economy accelerated sharply in Q2, with sport-event-adjusted real GDP growth rising from 0.4% to an estimated 1.5% q/q, according to SECO’s flash estimate. That would mark strongest quarterly expansion since 2021 based on current Read more…
Markets US Treasuries outperformed German Bunds and UK Gilts yesterday. The July wholesale price report was close to consensus and not outspokenly soft (0% M/M & 4.7% Y/Y for headline; 0.2% M/M & 4.2% Y/Y Read more…
Every price on your screen is a claim about the world, and every claim rests on somebody’s ability to count the thing being priced. Oil has always been the cleanest example of that. Barrels are Read more…
In focus today In the US, US July retail sales data is due for release today. Private consumption was the most important growth driver in Q2, and the release will provide markets with the first 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 A good piece of jewelry can Read more…
USD/JPY’s rebound from last month’s intervention is stalling just below 160, as reports of an informal US-Japan understanding — support for the Yen in exchange for BoJ hiking room — reshape how traders read the 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 Farmhouse chic is the biggest thing Read more…
New Zealand manufacturing remained firmly in expansion in July, though momentum moderated after June’s exceptional surge. BusinessNZ PMI Manufacturing fell from 60.1 to 54.3, still comfortably above 50 expansion threshold and long-term average of 52.5. Read more…