Gold’s steep selloff is showing signs of stabilization near 4,500 level after a disorderly decline yesterday, driven largely by liquidity squeeze. While hawkish signals from major central banks this week, including Fed, ECB, BoE and Read more…
Key Highlights USD/JPY started a downside correction below 158.80. It traded below a bullish trend line with support at 158.85 on the 4-hour chart. EUR/USD started a recovery wave and traded above 1.1550. Gold prices Read more…
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New Zealand’s trade balance reported a deficit of NZD -257m in February as imports surged far ahead of modest export gains. Goods exports edged up just 0.4% yoy to NZD 6.6B, while imports jumped 12% Read more…
Key insights from the week that was. Among the plethora of major central bank decisions this week, the RBA stood out from the pack, delivering a 25bp rate hike which took the cash rate to 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 One of my favorite things to Read more…
The US Dollar rallied consequently since the beginning of the US-Iran conflict, supported by the rise in Oil prices Now reaching the top of its long-term range, a major reversal could be coming Post-FOMC Dollar Read more…
Oil prices surged due to an escalation of Middle Eastern hostilities, including Iranian threats to target oil installations in Saudi Arabia, the UAE, and Qatar. The Strait of Hormuz is the center of market anxiety Read more…
Gold: ⬇️ Sell Gold broke support zone Likely to fall to support level 4400.00 Gold recently broke the support zone between the round support level 5000.00 and the 38.2% Fibonacci correction of the upward wave Read more…
EURNZD: ⬇️ Sell EURNZD reversed from resistance zone Likely to fall to support level 1.9535 EURNZD currency pair recently reversed from the resistance zone between the key resistance level 1.9795 (upper border of the sideways Read more…