Daily Pivots: (S1) 178.11; (P) 178.43; (R1) 178.87; More… EUR/JPY’s up trend resumed by breaking through 178.80 resistance and intraday bias is now on the upside. Next target is 100% projection of 161.06 to 173.87 Read more…
Yen extended its broad decline in Asian session as Japanese Prime Minister Sanae Takaichi doubled down on her call for the BoJ to delay further rate hikes. Addressing parliament, Takaichi said consumer prices—up around 3%—are Read more…
Markets are increasingly convinced the BoE will deliver a rate cut next month, after weak labour data showed the UK economy is losing traction. The shift in sentiment has sent the FTSE 100 powering to Read more…
Key Highlights GBP/USD started a recovery wave above 1.3120. A major bearish trend line is forming with resistance at 1.3200 on the 4-hour chart. EUR/USD recovered some losses and climbed above 1.1550. Bitcoin struggled to 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 Organizing, like cleaning and cooking, is Read more…
RBA Assistant Governor Brad Jones cautioned that global markets may be underestimating geopolitical risks and systemic fragmentation. At a conference today, he highlighted that risk premiums across major asset classes have fallen to “concerning lows,” Read more…
Craft beer lovers across the nation have watched their favorite taprooms and breweries shut their doors over the last two years as they battled several economic obstacles that have troubled the industry. The reasons given Read more…
It’s a holiday in many OECD countries for the Remembrance of the Great War (World War I). As most banks are closed throughout Europe and North America, Swiss banks maintain their regular activity, and traders Read more…
Oil prices went up by 1.7% on Tuesday as markets grappled with the latest US sanctions on Russian Oil against optimism that the US Government shutdown could end soon. The challenge for bulls is that Read more…
Log in to today’s North American session Market wrap for November 11. Many traders were off during today’s session as the world celebrates the 108th birthday of the resolution of World War I Nevertheless, US Read more…