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 spring on the way, it’s Read more…
Today, the US Dollar Index rose above the 98.70 level for the first time since the third week of January. Monday’s trading opened with a bullish gap, and upward momentum continues to build as news Read more…
Markets It still are the same central banks, but with a different reaction function. A low inflation environment enabled them to conduct demand-stimulating policies from the great financial crisis up until the Covid-19 pandemic to Read more…
ECB Chief Economist Philip Lane warned that a prolonged conflict in the Middle East could significantly raise inflation in the Eurozone while undermining economic growth. In an interview with the Financial Times, Lane said “Directionally, Read more…
The short-term Elliott Wave structure in EURJPY continues to indicate a bullish trend. Examination of the 45‑minute chart reveals that the pullback from the wave ((iii)) high unfolded in three distinct waves. This formation suggests Read more…
In focus today In the euro area, flash February inflation is released today. We expect headline inflation to rise to 1.8% y/y and core inflation to remain at 2.2%. Inflation in France and Spain came Read more…
Yesterday was an unusual session. Asian and European markets were hammered by the escalation in the Middle East, which sent oil and gas prices sharply higher. US crude jumped more than 10% at the open, Read more…
The global market reaction to the escalating conflict in the Middle East remains remarkably fragmented. U.S. equities successfully staged a “buy-the-dip” recovery overnight after an initial selloff. Both S&P 500 and NASDAQ closed with modest Read more…
Daily Pivots: (S1) 1.1796; (P) 1.1812; (R1) 1.1834; More…. Fall from 1.2081 is in progress in EUR/USD and intraday bias stays on the downside for 1.1576 structural support. Firm break there should confirm rejection by Read more…
Daily Pivots: (S1) 156.30; (P) 157.03; (R1) 158.08; More… USD/JPY’s rally from 152.25 continues today and intraday bias remains on the upside. Further rise should be seen to retest 159.44 high. On the downside, below Read more…