USD/JPY is once again knocking on the door of Japan’s intervention zone, but this week’s battle is about far more than whether Tokyo steps into the market. It has become a high-stakes game of chicken. Read more…
The escalation of the conflict in the Middle East will bolster the greenback as a safe-haven asset. Data on European inflation and the US labour market will determine the fate of EURUSD. The US dollar Read more…
Bank of England Chief Economist Huw Pill said structural changes in the UK economy have made inflation more persistent, arguing that policymakers are still assessing how shifts in labor and goods markets have altered the Read more…
Markets Today’s eco calendar is confined to European figures with the EC’s confidence indicators and first national inflation numbers for June (Spain & Belgium). The EMU CPI figure is due Wednesday (consensus: 3% Y/Y from Read more…
Contrarian investors make their reputations by being right when everyone else is wrong. The harder trick is knowing when their own bearishness has run its course. The best of them can flip without flinching. Few 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 A stable source of power isn’t Read more…
Gold has stopped falling, but it has not started recovering either. After slipping below the psychologically important $4000 level, prices have managed to claw back some losses. Yet the rebound has been hesitant, lacking both Read more…
Key Highlights EUR/USD started a fresh decline after it failed to recover above 1.1450. The bulls face resistance near 1.1450 and 1.1475 on the 4-hour chart. Bitcoin is showing signs of weakness below $60,000. USD/JPY Read more…
It was a mixed week for markets. U.S. and Japanese stocks made new highs, but later finished lower as concerns about AI stock valuations weighed on sentiment. SpaceX also came under pressure, falling below its Read more…
In the world of trading, timing is everything. The EURGBP chart below highlights an important lesson in market analysis: waiting for the right area of interest can make the difference between chasing price and positioning Read more…