GBP/CHF may be offering one of the clearest examples of how monetary policy divergence and technical analysis can reinforce each other. The cross surged to its highest level since January this week, after breaking through Read more…
The British pound is maintaining a cautious tone following a period of elevated volatility, with market participants now focused on key upcoming UK economic data releases. Both GBP/USD and GBP/JPY are consolidating near important technical Read more…
Markets Market focus at least temporary moved from the Middle East conflict to US data yesterday and May CPI inflation in particular. After last week’s strong activity data (ISM’s, Jolts, ADP, Payrolls), rising inflationary pressures Read more…
On 11 June, the ECB is holding the second day of its Governing Council meeting. The interest rate decision will be announced at 14:15 CET, followed by a press conference by Christine Lagarde at 14:45 Read more…
As of one year ago, UnitedHealth Group (UNH) was experiencing a severe and volatile downward correction, trading at approximately $300 to $312 per share. Down from its all-time closing high of $603.20 in November, 2024. Read more…
In focus today As the main event of the week in Europe, we expect the ECB to hike the deposit rate by 25bp to 2.25%, in line with consensus and markets. With the June hike Read more…
Key takeaways Stagflation fears returned sharply as President Trump’s threat of hard strikes on Iran pushed WTI crude back above US$90, while hot US CPI data reinforced expectations of a higher-for-longer Federal Reserve policy stance. 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 sun is a welcome sight Read more…
Financial markets continue to behave as though diplomacy will ultimately prevail in the Middle East. That assumption is becoming increasingly difficult to justify. Over the past 48 hours, the conflict has escalated dramatically following the Read more…
Key Highlights AUD/USD started a fresh decline below 0.7120 and 0.7080. A bearish trend line is forming with resistance at 0.7065 on the 4-hour chart. Bitcoin started a consolidation phase above $60,000. Gold extended losses Read more…