Markets “The fog of uncertainty cannot be an excuse for inaction.” The quote is from Bank of England’s chief economist Huw Pill but could have come from any monetary policymaker serious about preserving credibility central Read more…
Daily Pivots: (S1) 1.1567; (P) 1.1597; (R1) 1.1638; More…. No change in EUR/USD’s outlook as consolidation continues above 1.1408. Intraday bias remains neutral. With 1.1666 cluster resistance (38.2% retracement of 1.2081 to 1.1408 at 1.1665) Read more…
Daily Pivots: (S1) 158.23; (P) 158.71; (R1) 159.19; More… USD/JPY is staying in sideway trading and intraday bias remains neutral. In case of another dip, downside should be contained by 38.2% retracement of 152.25 to Read more…
Daily Pivots: (S1) 1.3300; (P) 1.3389; (R1) 1.3522; More… Range trading continues in GBP/USD and intraday bias stays neutral. With 1.3482 resistance intact, further decline is in favor. On the downside, below 1.3216 will resume Read more…
Daily Pivots: (S1) 0.7853; (P) 0.7889; (R1) 0.7919; More…. Sideway trading continues in USD/CHF and intraday bias remains neutral. As noted before, rise from 0.7603 should be correcting whole decline from 0.9200. Above 0.7957 will Read more…
UK inflation held steady in February, with headline CPI unchanged at 3.0% yoy, in line with expectations. On a monthly basis, CPI rose 0.4%, matching the pace seen a year earlier. However, underlying pressures remain Read more…
Middle East headlines continue to drive markets, and there is a notable effort from the US – and its President – to ease tensions. Donald Trump has proposed a 5-day ceasefire to Iran earlier this 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 spaces can always use a Read more…
Daily Pivots: (S1) 0.6949; (P) 0.6987; (R1) 0.7034; More… Intraday bias in AUD/USD stays neutral at this point, with focus on 0.6943 support. Decisive break there should confirm rejection by 0.7206 key fibonacci resistance. That Read more…
Daily Pivots: (S1) 1.3724; (P) 1.3756; (R1) 1.3796; More… Intraday bias in USD/CAD is back on the upside with break of 1.3751 resistance. Rebound from 1.3480 is seen as correcting the whole down trend from Read more…