Daily Pivots: (S1) 0.7773; (P) 0.7848; (R1) 0.7891; More…. USD/CHF’s break of 0.7830 support suggests that rebound from 0.7774 has completed at 0.7923 already. Intraday bias is back on the downside for 0.7774 and then Read more…
There’s a recurring fear in fintech circles that the ground beneath Visa Inc. could eventually shift. The worry is that a mix of cryptocurrencies, digital wallets, and AI-driven payment rails might bypass traditional card networks Read more…
Daily Pivots: (S1) 1.1677; (P) 1.1709; (R1) 1.1764; More…. Range trading continues in EUR/USD and intraday bias remains neutral. Further rise will remain in favor as long as 1.1642 support holds. On the upside, sustained Read more…
Daily Pivots: (S1) 1.3502; (P) 1.3557; (R1) 1.3660; More… GBP/USD’s breach of 1.3598 suggests that rise from 1.3158 is resuming. Intraday bias is back on the upside for 61.8% projection of 1.3158 to 1.3598 from Read more…
Dollar is losing ground quickly as markets move into May, caught between a powerful risk rally and a sharp rebound in the Japanese Yen. What stands out is not just the scale of the move, 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 The perfect everyday bag is all Read more…
Key Highlights USD/JPY started a sharp decline after it failed to clear 160.80. It dived over 500 pips and traded below 156.50 on the 4-hour chart. EUR/USD is again moving higher toward the 1.1750 resistance. Read more…
Japan’s PMI Manufacturing was finalized at 55.1 in April, up sharply from 51.6 in March and marking the strongest reading since January 2022. The data points to a robust rebound in factory activity, with output Read more…
Japan’s Tokyo core CPI (excluding fresh food) rose 1.5% yoy in April, below expectations of 1.8% yoy and slowing from 1.7% in March. The reading marks the weakest pace since March 2022, suggesting a temporary Read more…
Key insights from the week that was. In Australia, the Q1 CPI report provided the first official estimate of the impact on local prices of the Middle East conflict. Headline inflation accelerated sharply to 1.4% Read more…