The Dollar ended the week without establishing a clear direction, despite a genuine shift in the US inflation picture. June CPI and PPI both surprised meaningfully to the downside, reinforcing the view that price pressures Read more…
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For more than a decade, the U.S. government recognized that government subsidies were essential to get consumers interested in purchasing electric vehicles, at least during the early stages when EVs cost significantly more than gas-powered 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 New seasons are all about revamping Read more…
EUR/USD extended the consolidations pattern above 1.1323 last week and outlook is unchanged. Initial bias remains neutral this week, and with 1.1499 support turned resistance intact, further decline is expected. On the downside, break of Read more…
USD/JPY is still bounded in consolidations pattern from 162.83. Initial bias remains neutral this week first. Another fall cannot be ruled out as the consolidations extends, but downside should be contained by 38.2% retracement of Read more…
GBP/USD surges further to 1.3557 last week before retreating. Current development argues that corrective pattern from 1.3867 has completed with three waves down to 1.3139. Above 1.3557 will target 1.3657 first. Firm break there will Read more…
USD/CHF edged higher to 0.8150 last week but quickly retreated. Initial bias remains neutral this week for more consolidations. Further rally is in favor a long as 0.8029 support holds. Above 0.8150 will target 100% Read more…
AUD/USD’s extended rebound stalled after hitting 55 D EMA (now at 0.7014), just ahead of 38.2% retracement of 0.7277 to 0.6864 at 0.7022. Initial bias remains neutral first, and fall from 0.7277 is mildly in Read more…
USD/CAD’s pullback from 1.4247 accelerated lower last week but overall outlook is unchanged. It’s seen as correcting the rise from 1.3480 only. Downside should be contained by 1.3965 cluster support (38.2% retracement of 1.3480 to Read more…