EUR/USD rose sharply midweek to 1.1675, reaching a four-week high. Pressure on the US dollar came after President Donald Trump postponed the threat of strikes on Iranian civilian infrastructure for two weeks. The politician described Read more…
Eurozone PPI fell -0.7% mom and -3.0% yoy in February, in line with expectations, with the decline largely driven by a sharp drop in energy inflation before the Iran War. The breakdown highlights a mixed 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 The beauty of storage is that Read more…
AUD/USD started a fresh increase above 0.6970 and 0.7000. NZD/USD is also rising and might aim for more gains above 0.5850. Important Takeaways for AUD USD and NZD USD Analysis Today The Aussie Dollar started Read more…
Market Overview The crypto market capitalisation surged by 4% over the past 24 hours to $2.45 trillion, making a promising move above the 50-day moving average. Leading the gains were ZEC (+22%), ICP (+13%) and Read more…
Silver’s breakout above 76.29 resistance today marks a decisive extension of the rebound from 60.97 short term bottom, driven by broad Dollar weakness following the US-Iran ceasefire. The move reflects a classic war premium unwind, Read more…
A two-week US-Iran ceasefire was reached, immediately unwinding the “fear trade” that had been building in global markets. Oil prices tumbled dramatically, with US Crude (WTI) falling approximately 15%, easing concerns about “War Inflation”. The Read more…
Bill Ackman’s Pershing Square on Tuesday offered to acquire Universal Music Group in a bid valuing the company at about $64 billion. The proposal would move the world’s largest record label from Amsterdam to the 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 As the stuffy summer weather approaches, Read more…
The US dollar has shifted into a corrective phase following its previous rally, while market participants adopt a wait-and-see approach ahead of the release of the Federal Reserve’s meeting minutes. The weakening of the dollar Read more…