EUR/GBP rebounded notably today but stays below 0.8680 resistance. Intraday bias stays neutral at this point. On the downside, decisive break of 0.8610 support will revive the case of bearish trend reversal. However, on the Read more…
Consumers are struggling to put food on the table these days. And it’s easy to see why. In May, grocery prices rose 2.7% on an annual basis, according to the Consumer Price Index. And as Read more…
EUR/AUD gyrated lower today but stays above 1.6334 minor support. Intraday bias stays neutral and further rise will remain in favor as long as 1.6334 minor support holds. Above 1.6516 will resume the rebound from Read more…
EUR/CHF recovered notably today but stays below 0.9234 temporary top. Intraday bias remains neutral and more sideway consolidations could be seen. But further rally is still expected as long as 0.9155 support holds. On the Read more…
The Bank of England left Bank Rate unchanged at 3.75%, as widely expected, but the vote split and accompanying statement underscored that the debate within the Monetary Policy Committee remains firmly tilted toward inflation risks. Read more…
Mark Cuban believes the difference between staying wealthy and losing it comes down to what investors refuse to buy, not what they chase. Cuban has watched that pattern repeat for decades across portfolios belonging to Read more…
Market Overview The crypto market capitalisation fell 2.6% over the day to $2.2T, following a global sell-off of risky assets triggered by hawkish comments from the new Fed Chair, Warsh. However, after the initial sell-off, 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. Why we love this deal You don’t need to have an Read more…
GBPUSD is attempting to stabilise near 1.3317 on Thursday morning. The pound sterling barely reacted on Wednesday to weaker-than-expected UK inflation data. Investors preferred to take a wait-and-see approach ahead of today’s labour market statistics Read more…
The GBP/JPY pair has come under pressure after the Bank of Japan raised its policy rate to 1.0% on 16 June. The Bank of England is following the opposite path: at its 30 April meeting, Read more…