EUR/JPY’s steep decline last week suggests that it’s already in the third leg of the pattern from 187.93. Initial bias stays on the downside this week for 180.78 support. Decisive break there will indicate that Read more…
EUR/GBP rebounded further to 0.8585 last week but retreated. Initial bias remains neutral this week first. While another rise cannot be ruled out, strong resistance should be seen from 0.8610 support turned resistance to limit Read more…
EUR/AUD rebounded notably after initial dip to 1.6250. The development suggests that near term corrective pattern from 1.6108 (or 1.6125) is still extending. Initial bias is neutral this week first. On the upside, above 1.6492 Read more…
EUR/CHF rose further to 0.9348 last week but turned sideway since then. Initial bias remains neutral this week for some consolidations first. Further rally is expected as long as 0.9265 resistance turned support holds. Break Read more…
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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 Nothing is more frustrating than being Read more…
The cool news is that the latest data from the Federal Reserve’s preferred inflation indicator came in lower than consensus in June, primarily due to a drop in energy prices. The not-so-cool news? During his Read more…
Our summary of recent economic events and what to expect in the weeks ahead. Canadian Highlights Canadian GDP surprised to the upside in May, leaving Q2 on track for its strongest quarterly performance in two Read more…
Next week’s U.S. employment report is expected to show the labor market remained broadly stable in July. We look for modest payroll growth, an unchanged unemployment rate and wage growth consistent with limited labor-driven inflation Read more…
Next Friday’s labour market report for July in Canada is the first for Q3, and an important update on whether the gradual improvement seen in recent months is continuing. We expect jobs to increase by Read more…