TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Alongside an OLED TV with an anti-glare coating and AI-infused picture Read more…
DXY: The DXY (US Dollar Index) chart currently exhibits a bearish overall momentum, and this is supported by the fact that the price is contained within a bearish descending channel. This suggests weakness in the Read more…
Last week’s broad-based US dollar strength has dissipated ex-post US non-farm payroll data with the continuation of its underperformance against the GBP. The US labour market has started to show growing slack where the labour Read more…
The recovery of AUD/CAD since last September has been largely attributed to the divergence in monetary policies between RBA and BoC. While RBA extended its tightening cycle, BoC’s interest rate reached a plateau. The rally Read more…
Traders of Swiss Franc are closely monitoring Swiss CPI release today. Headline inflation is anticipated to increase from 1.4% yoy to 1.7% yoy in December. This expected rise aligns with SNB’s own conditional inflation forecast, Read more…
Key Highlights EUR/USD declined and retested the 1.0880 support zone. It traded below a key bullish trend line at 1.0900 on the 4-hour chart. GBP/USD is attempting a fresh increase above the 1.2650 resistance. USD/JPY 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. Ahead of the official start of CES 2024—the annual Consumer Electronics Read more…
Dallas Fed President Lorie Logan, in her speech on Saturday, emphasized the importance of maintaining tight financial conditions to prevent resurgence of inflation. She expressed concern that if these conditions are not sustained, progress made Read more…
EUR/USD holds positive ground near 1.0948 despite the rebound of USD. US Nonfarm Payrolls (NFP) increased by 216,000 jobs in December from 173,000 in November. German Retail Sales for November came in worse than expected, Read more…
AUD/USD trades weaker around 0.6712 amid the USD rebound. US Nonfarm Payrolls rose 216K, beating expectations; the Unemployment Rate was unchanged at 3.7%. Fed funds futures markets are pricing in 56% odds of a Federal Read more…