For the first time since the US-Iran conflict erupted in late February, financial markets can plausibly see a genuine path toward peace. Reports throughout the week indicated that the United States and Iran are closer Read more…
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Wall Street was betting big on Fed relief, but Bank of America sees a quiet risk brewing. The bank sees an unsettling 1994-style market setup, where inflationary pressures, higher yields, and tighter Fed policy could Read more…
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The U.S. job market is giving workers plenty of reasons to feel both optimistic and uneasy. Employers added 172,000 jobs in May, easily beating economists’ forecasts of between 80,000 and 88,000 new positions, the Bureau 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 Everyone deserves a little bit of Read more…
EUR/USD edged lower to 1.1499 last week but recovered since then. Initial bias remains neutral this week for consolidations. Risk will stay on the downside as long as 1.1685 resistance holds. Break of 1.1499 will Read more…
USD/JPY retreated notably after edging higher to 160.58 last week. Considering bearish divergence condition in 4H MACD, a short term top could be formed ahead of 160.71 key resistance. On the downside, break of 159.54 Read more…
GBP/USD failed to break through 1.3300 support last week as sideway trading continued. Initial bias remains neutral this week first. Risk will stay mildly on the downside as long as 1.3508 resistance holds. Firm break Read more…
USD/CHF’s rally from 0.7760 continued last week but retreated after hitting 0.8012. Initial bias stays neutral this week for consolidations. Further rise is expected as long as 0.7906 resistance turned support holds. Above 0.8012 will Read more…