The Australian dollar is in negative territory on Tuesday. In the European session, AUD/USD is trading at 0.6898, down 0.21%. This follows a two-day rally in AUD/USD climbed over 2%. Australian CPI looms It could Read more…
The NFIB’s Small Business Optimism Index lost 2.1 points, dipping to 89.8 in December – the lowest level since July. The reading is below the consensus forecast, which expected it to ease only by four Read more…
iPhone maker set to open first brick-and-mortar stores in world’s second-largest smartphone market. Apple has one remedy for the gloom in the technology sector. The manufacturer of the iPhone and the iPad has not been Read more…
As hawkish signals from the Federal Reserve hit stocks, catch the latest insight and analysis on Fed chair Powell live at 9:30 a.m. ET. Watch TheStreet’s Market Open: More on Today’s Top Stories: Stock Market Read more…
Later today, Tiff Macklem, the governor of the BoC (Bank of Canada), is expected to speak at the Riksbank’s International Symposium as part of a discussion panel on ‘Central Bank Independence.’ This speech, however, is Read more…
Daily Pivots: (S1) 1.0662; (P) 1.0711; (R1) 1.0785; More… Intraday bias in EUR/USD stays mildly on the upside for the moment. Current rally from 0.9534 would target 61.8% projection of 0.9630 to 1.0733 from 1.0482 Read more…
Daily Pivots: (S1) 1.2111; (P) 1.2160; (R1) 1.2236; More… Intraday bias in GBP/USD stays mildly on the upside at this point, for retesting 1.2445 high. Decisive break there will resume whole rally from 1.0351 to Read more…
Daily Pivots: (S1) 0.9159; (P) 0.9221; (R1) 0.9276; More… With 0.9261 minor resistance intact, intraday bias in USD/CHF stays mildly on the downside. Current decline from 1.0146 should target 100% projection of 0.9545 to 0.9199 Read more…
Daily Pivots: (S1) 131.25; (P) 131.95; (R1) 132.60; More… USD/JPY is still bounded in range above 129.49 and intraday bias stays neutral. On the upside, firm break of 134.49 should confirm short term bottoming, and Read more…
Daily Pivots: (S1) 0.6875; (P) 0.6913; (R1) 0.6950; More… A temporary top is formed at 0.6949 in AUD/USD and intraday bias is turned neutral for some consolidations first. But outlook will stay bullish as long Read more…