USD/JPY is holding near 161.84 on Tuesday, with the yen close to 40-year lows. Pressure on the Japanese currency remains as market participants continue to bet against it, with no visible currency interventions from Japanese Read more…
Bitcoin may have delivered one of its most encouraging signals in weeks, but it was not the rebound itself that mattered. Instead, it was the market’s ability to absorb heavy institutional selling without extending its Read more…
Gold is attempting to break its medium-term trend, with the latest US labour market data acting as the main catalyst. The US employment report released on 2 July came in noticeably weaker than expected, with Read more…
Markets Wall Street returned well rested from the long weekend. The tech-heavy Nasdaq rose more than a percent while the Dow Jones overcame initial weakness to close with another record high. Choppy trading in Treasury 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 Sheds are a fantastic way to Read more…
Sterling’s rally has been about more than better sentiment toward the UK. It has been driven by the disappearance of one of the market’s biggest bearish trades. As political uncertainty faded following the resolution of Read more…
Key Highlights GBP/USD started a recovery wave and surpassed the 1.3320 resistance. A key contracting triangle is forming with support at 1.3290 on the 4-hour chart. EUR/USD struggled to extend its recovery wave above the Read more…
Japan’s real wages rose 1.4% yoy in May, extending gains for a fifth consecutive month, although the pace slowed from April’s 2.0% increase. The latest reading marks the longest stretch of positive real wage growth Read more…
European Central Bank Executive Board member Isabel Schnabel cautioned that the recent decline in oil prices should not be interpreted as a return to pre-war inflation conditions, arguing that underlying price pressures remain elevated. “Does Read more…
The GBPJPY pair has decisively broken to a new high, thereby confirming the prevailing bullish trend. This development underscores the presence of a bullish sequence that favors continued upside momentum. In the short term, the Read more…