As the XAU/USD chart shows, gold prices today dropped below the 3 March low, reaching levels last seen in the third week of February. Why Is Gold Declining Despite the War? Geopolitical turmoil typically supports Read more…
For the third Monday in a row, trading in the oil market has opened with a bullish gap, although this time it is not as wide as the gap seen, for example, on 9 March. Read more…
You filed your taxes, triple-checked the numbers, and hit submit. Now you are watching your bank account like a hawk, waiting for that refund to land. But this year, the wait might test your patience Read more…
We expect the Federal Reserve to keep its monetary policy unchanged at the March meeting, in line with consensus and market pricing. Powell will avoid giving firm forward guidance regarding the Fed’s reaction to the Read more…
EUR/USD halts sharp pullback, rebounding from July lows. But momentum signals and ‘death cross’ keep bearish bias intact. EUR/USD pares losses at a seven-and-a-half-month low near 1.1450 EUR/USD is attempting to recover some lost ground Read more…
EUR/USD is recovering losses from 1.1500. USD/JPY is correcting gains from 159.00 and might decline further if it stays below 158.30. Important Takeaways for EUR/USD and USD/JPY Analysis Today The Euro struggled to stay in 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 Most people spend the winter months Read more…
Markets Markets on Friday (and this morning) tried to assess impact of ongoing elevated oil prices (Brent near $100 p/b) and other energy prices on the economy and central banks’ reaction function as visibility on Read more…
Daily Pivots: (S1) 1.1373; (P) 1.1452; (R1) 1.1494; More…. Intraday bias in EUR/USD stays on the downside as fall from 1.2081 is in progress. Deeper decline should be seen to 38.2% retracement of 1.0176 to Read more…
Daily Pivots: (S1) 159.23; (P) 159.49; (R1) 160.00; More… USD/JPY is losing some momentum but further rise is in favor as long as 158.55 minor support holds. Rally 152.25 would target a retest on 161.94 Read more…