The January jobs report shocked Wall Street, so what does it mean for the Federal Reserve? TheStreet Today breaks it down. The January jobs report came in unexpectedly hot, stopping the rally that investors have Read more…
Daily Pivots: (S1) 0.9082; (P) 0.9110; (R1) 0.9161; More… Intraday bias in USD/CHF stays neutral for the moment. Strong rebound from current level, followed by 0.9287 resistance, should confirm short term bottoming, and turn bias Read more…
Daily Pivots: (S1) 128.14; (P) 128.64; (R1) 129.18; More… Intraday bias in USD/JPY remains neutral and range trading continues. On the upside, break of 131.56 resistance should confirm short term bottoming, and turn bias back Read more…
Daily Pivots: (S1) 1.2164; (P) 1.2282; (R1) 1.2342; More… Intraday bias in GBP/USD stays on the downside at this point. Fall from 1.2446 is the third leg of the corrective pattern from 1.2445. Deeper decline Read more…
Digital ad revenue soars 70%, driving a fiscal-year revenue boost of more than 15%. TheStreet The Arena Group Holdings, Inc. (AREN) – Get Free Report a tech-powered media company home to more than 250 brands, including Read more…
Bernard Arnault, the CEO of luxury giant LVMH, has just invested in the luxury car manufacturer Lotus, which is betting on EVs. It’s a clash of kings. The richest man in the world against the Read more…
Daily Pivots: (S1) 1.0854; (P) 1.0943; (R1) 1.1001; More… Focus is now on 1.0800 minor support in EUR/USD with today’s extended pull back. Considering bearish divergence condition in 4 hour MACD, firm break of 1.0800 Read more…
Dollar rebounds strongly and broadly in early US session after a set of stellar job data that blows past expectations. Stock futures dive on renewed concern that interest rate will stay high for lower while Read more…
Wall Street’s solid year-to-date rally was stopped in its tracks Friday following a hotter-than-expected January jobs report and a trio of mega cap tech earnings misses. Updated at 9:34 am EST U.S. stocks extended declines Read more…
More than half a million new jobs were created last month, the Labor Department said, nearly triple Wall Street forecasts. Updated at 8:44 am EST The U.S. economy added far more new jobs than forecast Read more…