Daily Pivots: (S1) 158.81; (P) 159.12; (R1) 159.67; More… USD/JPY’s break of 159.44 resistance suggests that whole rally from 139.87 is resuming. Intraday bias stays on the upside for retesting 161.94 high. Firm break there Read more…
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Daily Pivots: (S1) 0.7815; (P) 0.7840; (R1) 0.7886; More…. Intraday bias in USD/CHF remains neutral at this point. On the upside, break of 0.7877 will resume the whole rise from 0.7603. Further rally should then Read more…
Daily Pivots: (S1) 1.3392; (P) 1.3438; (R1) 1.3463; More… GBP/USD is still bounded in range of 1.3252/3482 and intraday bias remains neutral. Further decline is expected with 1.3574 resistance intact. On the downside, below 1.3252 Read more…
Daily Pivots: (S1) 1.1488; (P) 1.1533; (R1) 1.1556; More…. EUR/USD’s fall from 1.2081 resumed by breaking 1.1506 temporary low and intraday bias is back on the downside. Deeper decline should be seen to 38.2% retracement Read more…
Global markets remain firmly locked in risk-off mode as investors grapple with a renewed escalation in the Iran conflict and the growing risk of prolonged disruptions to global energy supply. Asian equity markets traded broadly Read more…
Stagflation risks have risen since the FOMC last met in January. Higher inflation and a weaker labor market is the FOMC’s worst nightmare as it puts the dual mandate in tension. How will Chair Powell 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 Want to get from point A Read more…
Between our FAQ with the team and our note on what it would take to have a serious conversation about recession, we have tossed a lot at you over the last week related to the Read more…
GBP/CAD is entering a decisive moment as markets prepare for two key economic releases today: UK January GDP and Canada’s February employment report. The data arrives just days before the BoC’s policy decision on March Read more…