At first glance, the US economy’s sharp acceleration in Q3 – with GDP growth exceeding 4% year-on-year – appears to decisively counter narratives of an economic slowdown. Yet the muted reaction in bond markets tells Read more…
Christmas week turned out to be the worst for the US dollar since June. Falling Treasury yields and new S&P 500 records caused the USD index to retreat. The chances of the Fed easing monetary Read more…
As the XAG/USD chart shows, earlier this morning the price of one ounce of silver reached above $83 for the first time. However, this move was followed by an abnormally sharp reversal to the downside. 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 With New Year’s on the horizon, Read more…
Daily Pivots: (S1) 1.1757; (P) 1.1777; (R1) 1.1792; More…. No change in EUR/USD’s outlook and intraday bias stays neutral. Further rally is in favor as long as 1.1702 support holds. Break of 1.1807 will resume Read more…
Daily Pivots: (S1) 155.97; (P) 156.35; (R1) 156.95; More… USD/JPY’s consolidations from 157.88 is extending and intraday bias stays neutral. With 154.33 support intact, outlook remains bullish. On the upside, firm break of 158.85 key Read more…
Daily Pivots: (S1) 1.3477; (P) 1.3502; (R1) 1.3527; More… GBP/USD retreated after forming a temporary top a 1.3533 and intraday bias is turned neutral. Some consolidations would be seen and deeper retreat cannot be ruled Read more…
Daily Pivots: (S1) 0.7868; (P) 0.7886; (R1) 0.7914; More…. USD/CHF recovered after forming a temporary low at 0.7860 and intraday bias is turned neutral. Further decline is expected as long as 0.7986 resistance holds. Break Read more…
Daily Pivots: (S1) 0.6700; (P) 0.6712; (R1) 0.6728; More… AUD/USD retreated after edging higher to 0.6726 and intraday bias is turned neutral first. Further rally is expected as long as 0.6592 support holds. On the Read more…
Daily Pivots: (S1) 1.3641; (P) 1.3672; (R1) 1.3702; More… USD/CAD’s recovery suggests that a temporary low was formed at 1.3641 and intraday bias is turned neutral. Some consolidations could be seen but further decline is Read more…