Daily Pivots: (S1) 0.7778; (P) 0.7793; (R1) 0.7822; More…. Intraday bias in USD/CHF remains mildly on the downside for 61.8% projection of 0.8041 to 0.7774 from 0.7923 at 0.7758. Firm break there will extend the Read more…
Daily Pivots: (S1) 1.3634; (P) 1.3651; (R1) 1.3683; More… Intraday bias in USD/CAD remains neutral as consolidations continue above 1.3549. Further decline is expected as long as 1.3709 resistance holds. Below 1.3549 will resume the Read more…
The US Non-Farm Payrolls report may be today’s headline event on the economic calendar, but markets are behaving as though the real story lies thousands of miles away in the Strait of Hormuz. For much 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 A tablet can be useful and Read more…
Dollar is heading into today’s US payrolls report in a vulnerable position—not necessarily because the labor market is collapsing, but because markets are currently focused on risk appetite rather than pure Federal Reserve pricing. Markets Read more…
Super Micro Computer gave investors the kind of earnings report that usually fits neatly into the artificial-intelligence growth story, with revenue more than doubling from the prior year and management pointing to stronger demand ahead. Read more…
Key Highlights USD/JPY started a recovery wave from the 155.00 support zone. A bullish trend line is forming with support at 156.45 on the 4-hour chart. EUR/USD is now at risk of a downside break Read more…
Japan’s real wages rose 1.0% yoy in March, marking the third consecutive monthly increase as moderating inflation helped household purchasing power improve. The data suggest that wage growth is increasingly starting to outpace consumer price Read more…
Japan’s service sector growth slowed notably in April as the impact of the Middle East conflict weighed on demand and business confidence, while sharply higher costs pushed inflation pressures to near-record levels. PMI Services was Read more…
Key insights from the week that was. In an 8-1 vote, the RBA Monetary Policy Board (MPB) delivered its third consecutive rate hike, raising the cash rate by 25bps to its prior peak of 4.35%. Read more…