Daily Pivots: (S1) 156.55; (P) 156.92; (R1) 157.30; More… No change in USD/JPY’s outlook and intraday bias remains mildly on the upside. Rise from 161.86, as the second leg of the corrective pattern from 160.20, Read more…
TheStreet’s Conway Gittens brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Friday, May 24. Related: The average American faces one major 401(k) retirement dilemma Read more…
Daily Pivots: (S1) 1.2674; (P) 1.2710; (R1) 1.2736; More… Intraday bias in GBP/USD is turned neutral as it recovered ahead of 55 4H EMA (now at 1.2671). On the upside, break of 1.2760 will resume Read more…
Euro rebounded notably today despite the absence of substantial news from Europe. Sterling followed suit, shrugging off poor UK retail sales data. Conversely, Dollar ignored upbeat durable goods data and weakened alongside Yen and Swiss Read more…
US durable goods orders rose 0.7% mom to USD 284.1B in April, above expectation of 0.5% mom. Ex-transport orders rose 0.4% mom to USD 187.9B, above expectation of 0.1% mom. Ex-defense orders was flat at Read more…
Canada’s retail sales value fell -0.2% mom to CAD 66.4B in March, slightly worse than expectation of -0.1% mom. Sales were down in seven of nine subsectors and were led by decreases at furniture, home Read more…
Natural gas faces limits near January’s peak Technical signals flag some weakness Improved trend signals suggest bullish continuation Lower-than-usual storage increases, improved demand forecasts, and a summer season ahead boosted natural gas prices above the Read more…
Market picture The crypto market lost 2.9% in the last 24 hours, retreating to a market capitalisation of $2.5 trillion. The market came under pressure as active trading began in the US on a fresh Read more…
AUDUSD edges higher on Friday as traders collected part of profits from the drop in past four days. Today’s action marks the first gain this week, but the pair remains on track for a weekly Read more…
Check back for updates throughout the trading day U.S. equity futures nudged higher Friday, while Treasury yields and the dollar held steady, as investors switched focus from big tech and the earnings season to the Read more…