Transcript: Conway Gittens: I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today. Wall Street is keeping one eye on the Federal Reserve this Tuesday as policymakers begin two Read more…
Though retirement is a top concern for many Americans, most need help understanding financial jargon and implementing simple habits that will increase their long-term savings. A practical and measurable approach to retirement can help people Read more…
BoE meets on Thursday with a rate cut firmly on the cards Data has been positive but doves in control of the committee Pound could suffer on Thursday but still favoured against the euro Rate Read more…
Markets A slew of European data hit the wires today and after wrapping up this report some more are scheduled for release in the US (JOLTS, consumer confidence). GDP Q2 growth numbers were due in Read more…
US Conference Board Consumer Confidence rose from 97.8 to 100.3 in July, above expectation of 99.8. Present Situation Index fell from 135.3 to 133.6. But Expectations Index rose from 72.8 to 78.2. Nevertheless, Expectations reading Read more…
AUDUSD remains in extended consolidation around the base of thick daily cloud (0.6538), and above pivotal Fibo support at 0.6528 (61.8% of 0.6362/0.6798), following a steep fall in past nine days. Bears are taking a Read more…
Daily Pivots: (S1) 153.25; (P) 153.80; (R1) 154.58; More… Intraday bias in USD/JPY stays neutral at this point. Further decline is in favor as long as 155.36 support turned resistance holds. On the downside, decisive Read more…
Daily Pivots: (S1) 0.8831; (P) 0.8851; (R1) 0.8882; More… Intraday bias in USD/CHF stays neutral and consolidations from 0.8776 could extend. Further decline is expected as long as 0.8923 resistance holds. On the downside, break Read more…
Daily Pivots: (S1) 1.0793; (P) 1.0831; (R1) 1.0860; More….. EUR/USD’s fall from 1.0947 is in progress and intraday bias stays on the downside. Sustained break of 55 D EMA (now at 1.0815) will argue that Read more…
Daily Pivots: (S1) 1.2816; (P) 1.2852; (R1) 1.2898; More… No change in GBP/USD’s outlook and intraday bias stays on the downside. Decisive break of 55 D EMA (now at 1.2779) will suggest that rise from Read more…