USD/JPY fell to 157.47 on Wednesday, with the Japanese yen pausing its recent strengthening. US Treasury Secretary Scott Bessent reaffirmed Washington’s support for Japan following the historic joint currency intervention. Over three sessions, the yen Read more…
US involvement in FX interventions has weakened the dollar. Brent is banking on a de-escalation of the conflict in the Middle East. The US dollar has pulled back amid strong headwinds. The S&P 500 hit Read more…
Memory stocks have always been among the most volatile in the semiconductor sector. They run hard when the cycle is right, then give back a lot of it when investors start pricing in the next Read more…
On the first day of my cave exploration course when I was 17 years old, high above the ground and learning how to lower myself down a rope, I couldn’t bring myself to push off 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 With summer in full swing, and Read more…
AUD/USD is rallying on improving risk sentiment and a softer Dollar, but the same falling oil prices driving that optimism are also weakening two of Australia’s own fundamental supports — explaining why the pair has Read more…
The Aussie and the Kiwi are telling two very different monetary policy stories right now, and the divergence is starting to show up clearly in the cross. The RBA held its cash rate at 4.35% Read more…
Following last week’s sharp decline, the US dollar has entered a consolidation phase against most major currencies. At the same time, some instruments, including USD/JPY, are showing a moderate recovery as markets await fresh macroeconomic Read more…
Market Overview Having risen steadily for the second day running, the crypto market capitalisation has returned to $2.19T, matching levels seen at the end of last week. Despite the weakened correlation between cryptocurrencies and US Read more…
Eurozone producer prices fell in June as lower energy costs outweighed continued increases across most other industrial sectors, suggesting pipeline inflation eased but remained far from disappearing. Industrial producer prices declined -0.3% m/m, matching expectations Read more…