EUR/USD is trading around 1.1459 on Thursday, close to a seven-week low. The US dollar remains supported by the Federal Reserve’s first interest rate increase in three years and signals that further monetary tightening could Read more…
Hello, fellow traders. In this technical blog, we’re going to take a quick look at the Elliott Wave charts for the NZDUSD Forex pair, published in the members’ area of the website. Recently, NZDUSD made Read more…
In focus today In the UK, the Bank of England will make its rate decision today. We expect the Bank of England to keep the Bank Rate at 3.75%, in line with consensus and market Read more…
The Dollar Index confirmed a double-bottom reversal after Wednesday’s 25bp hike, with the 2-year Treasury yield and a weaker Dow reinforcing the signal that markets are pricing roughly 100bp of tightening—well beyond the Fed’s own 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 When you’re enjoying the outdoors, depending 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 Staying active can be difficult when Read more…
The International Monetary Fund said the Reserve Bank of Australia should remain prepared to raise interest rates further, citing persistent underlying inflation and uncertainty over whether financial conditions are sufficiently restrictive. The warning reinforces expectations Read more…
New Zealand GDP growth slowed from an upwardly revised 0.9% to 0.2% quarter on quarter in the June quarter, slightly exceeding expectations for a 0.1% increase. Nine of 16 industries expanded, while GDP per capita Read more…
Key Highlights GBP/USD turned red and dipped below the 1.3500 pivot level. A major bearish trend line is forming with resistance at 1.3510 on the 4-hour chart. Bitcoin struggled, dipped below $76,500, and might decline Read more…
The Fed raised rates by 25bp to 3.75-4.00%. All members voted in favour. This was more hawkish than we expected, as we saw a risk that 2-3 members would favour unchanged rates. Warsh repeatedly highlighted Read more…