Mortgage rates increased for five straight weeks and held above 6.5% for two weeks, according to Freddie Mac data. On June 4, the average 30-year fixed mortgage rate finally decreased by five basis points to Read more…
Mixed news from the Middle East is helping the greenback. Growing similarities with the 1970s for the Fed. The US dollar has recovered after Donald Trump said negotiations with Iran are in their final stages. 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 Dressing for an active day of Read more…
Japan’s latest reserve data have transformed the debate around the Yen. The question is not whether Tokyo is willing to intervene. It already has. The question now is how many times it is willing to Read more…
The Eurozone economy contracted in the first quarter of 2026. GDP fell by -0.2% qoq, reversing the 0.2% expansion recorded in the previous quarter, while annual growth slowed sharply to 0.3% yoy from 1.2% yoy. Read more…
Key takeaways EUR/USD remains resilient ahead of the US Nonfarm Payrolls report, supported by expectations that the European Central Bank will maintain a more aggressive tightening path than the Federal Reserve despite weak Eurozone growth. Read more…
Fundamental backdrop In April 2026, the closure of the Strait of Hormuz pushed Brent prices to their highest levels per barrel since 2022. However, diplomatic developments reversed the market’s direction: by the end of May, Read more…
EUR/USD was trading at 1.1613 on Friday. As the week draws to a close, the US dollar remains on track to post gains, supported by ongoing uncertainty in the Middle East and continued demand for Read more…
Markets The stock sell-off that loomed following Broadcom’s earnings (outlook) miss turned out to be more of a sectoral rotation rather than a broad-based slump. The industrial Dow Jones Index rallied 1.7% while the Nasdaq Read more…
Once upon a time, malls were the ultimate sanctuary for American teenagers. They weren’t just places to shop, they were also spaces where you could get your first part-time job, go out on a date, Read more…