No change in EUR/GBP’s outlook and intraday bias stays neutral. Risk will remain mildly on the downside as long as 0.8686 resistance holds. Firm break of 0.8601 will revive the case of bearish trend reversal. Read more…
Verizon is acquiring a 35-year-old wireless competitor that is shutting down as consolidation in the U.S. wireless market continues to accelerate. For instance, in 2014, AT&T completed its acquisition of Leap Wireless, which owned Cricket Read more…
Easing concerns over the Fed’s independence have bolstered the Dollar. Fears of high interest rates are weighing on gold. The US dollar rose after a three-day decline, thanks to growing investor confidence in the Fed’s Read more…
Palantir Technologies Inc. (PLTR) confirmed two separate partnerships on Monday, June 29, one with a private aviation startup and one with Nvidia. Most coverage will treat these as routine corporate news. The pattern underneath them 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 Summer is officially here, which means Read more…
Market Overview The crypto market capitalisation has changed little over the past 24 hours, remaining close to $2.06T. Among the most popular coins with traders, the top gainers are Stellar (+7.3%), Zcash (+4.2%), and Solana Read more…
Gold prices fell below 4,000 USD per troy ounce on Tuesday, reaching their lowest level in nearly eight months. The precious metal remains under pressure amid expectations of further Federal Reserve tightening and ongoing uncertainty Read more…
USD/JPY has broken to a fresh 40-year high, and with it, the market may have abandoned the wrong debate. Traders have speculated whether Japan would intervene at 160, then 162, then perhaps 163 or 164. Read more…
Switzerland’s economic outlook improved noticeably in June as the KOF Economic Barometer rose from 98.6 to 101.2, comfortably beating expectations of 99.4 and moving back above its long-term average of 100. The latest reading suggests Read more…
JPMorgan’s chief global economist Bruce Kasman titled the bank’s mid-year outlook “Promise and Pressure.” He published it on June 28. The two words are doing a lot of work in a year that has moved Read more…