USD strength fading within range: Post-FOMC USD strength lacks follow-through, with the US Dollar Index nearing key resistance (100.10–100.54), suggesting limited upside and potential near-term exhaustion. Hawkish ECB supporting EUR: Rising inflation risks (linked to Read more…
US unilateral efforts to de-escalate tensions in the Middle East are waning, as Iran has not backed any negotiation claims. Donald Trump’s 5-day ceasefire deadline was due to end today, but he decided to extend Read more…
In focus today In Norway, focus turns to unemployment data. The registered unemployment rate has declined in recent months, which could indicate growth slightly above trend. However, employment growth has eased, suggesting that the drop 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 Changing up the smaller items and Read more…
UK retail sales volumes fell -0.4% mom in February, reversing part of January’s strong 2.0% mom gain, as earlier discount-driven spending faded. The pullback suggests that consumers brought forward purchases into January to take advantage Read more…
Daily Pivots: (S1) 0.6853; (P) 0.6907; (R1) 0.6941; More… Intraday bias in AUD/USD on the downside as this point. Fall from 0.7187 is seen as correcting the whole up trend from 0.5913. Deeper decline would Read more…
Daily Pivots: (S1) 1.3820; (P) 1.3844; (R1) 1.3886; More… USD/CAD’s rally from 1.3480 is in progress and intraday bias remains on the upside. It’s seen as correcting the whole down trend from 1.4791 and should Read more…
Daily Pivots: (S1) 1.1508; (P) 1.1541; (R1) 1.1562; More…. EUR/USD is still bounded in consolidations above 1.1408 and intraday bias remains neutral. With 1.1666 cluster resistance (38.2% retracement of 1.2081 to 1.1408 at 1.1665) intact, Read more…
Daily Pivots: (S1) 1.3301; (P) 1.3340; (R1) 1.3369; More… Range trading continues in GBP/USD and intraday bias remains neutral. With 1.3482 resistance intact, further decline is in favor. On the downside, below 1.3216 will resume Read more…
Daily Pivots: (S1) 159.42; (P) 159.64; (R1) 159.98; More… Range trading continues in USD/JPY and intraday bias stays neutral. Consolidation from 159.88 could extend with another falling leg. But in that case, downside should be Read more…