Daily Pivots: (S1) 0.7924; (P) 0.7942; (R1) 0.7972; More…. Immediate focus is now on 0.7957 resistance in USD/CHF as rebound from 0.7833 extends. Firm break there will resume the rise from 0.7603, as correction to Read more…
The latest 10-day extension of the Iran strike pause by US President Donald Trump might act as a “relief valve”, preventing a freefall in stocks. But it has also created a “slow-boil” inflation trap that Read more…
Depending on where you live, the home-buying season is either already in full swing or just warming up. In my years reporting on real estate, I’ve come to expect the spring home-buying numbers — housing 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 An automatic watch is a step Read more…
Key Highlights USD/JPY started a fresh increase above 158.80 and 159.00. A bullish trend line is forming with support at 159.00 on the 4-hour chart. EUR/USD failed to clear the 1.1620 resistance zone and trimmed Read more…
AUD/JPY’s selloff is accelerating as renewed risk aversion combines with a growing “stagflation trap” that is undermining the Reserve Bank of Australia’s hawkish outlook. While markets still price around a 72% chance of a May Read more…
Federal Reserve officials are signaling a shift in priorities, with the labor market increasingly viewed as “in balance” while inflation risks regain prominence. Comments from Philip Jefferson, Michael Barr, and Lisa Cook highlight a subtle Read more…
Oil is no longer a clean positive for Canada, as a Bank of Canada official warn that the latest energy shock also risks fueling broader inflation rather. Senior Deputy Governor Carolyn Rogers said in a Read more…
The Middle East conflict is not Venezuela, or Russia’s invasion of Ukraine, or COVID. Policymakers should not use “the last war” as a template for the current one. The Middle East conflict and the resulting Read more…
Key insights from the week that was. In Australia, February’s CPI came in slightly below expectations, headline inflation ticking down to 3.7%yr from 3.8%yr, while trimmed mean inflation held steady at 3.3%yr. Constructive elements of Read more…