During a challenging economy many American consumers cut down on luxury item spending. They might be able to justify a new car, a new TV, or some other purchase that meets a practical need, but Read more…
Markets Correction on a correction? A reality check on an overly optimistic short-squeeze yesterday? Or markets just re-entering low-visibility no-man’s land? Whatever the labeling of the today’s market price action, investors clearly don’t see a Read more…
Daily Pivots: (S1) 211.85; (P) 212.51; (R1) 213.07; More… GBP/JPY’s rise from 207.20 resumed by breaking 213.29 resistance and intraday bias is back on the upside. Further rise should be seen to retest 214.98 high. Read more…
Oil prices tumbled on April 8 after the U.S. and Iran agreed to a two-week ceasefire, with Brent crude falling about 13% and West Texas Intermediate posting its biggest single-day drop since April 2020, according Read more…
Daily Pivots: (S1) 184.63; (P) 185.10; (R1) 185.38; More… EUR/JPY’s rally continues today and intraday bias stays on the upside. Rise from 180.78 should target a retest on 186.86 high. Firm break there will confirm 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 Few pieces of furniture feel more Read more…
Daily Pivots: (S1) 157.72; (P) 158.73; (R1) 159.59; More… Intraday bias in USD/JPY remains neutral for the moment as consolidations from 160.45 is extending. Further rise is expected as long as 157.49 cluster support (38.2% Read more…
Daily Pivots: (S1) 0.7855; (P) 0.7927; (R1) 0.7985; More…. Intraday bias in USD/CHF stays neutral for the moment. With 0.7877 cluster support (38.2% retracement of 0.7603 to 0.8041 at 0.7874) intact, rally from 0.7603 is Read more…
Daily Pivots: (S1) 1.3293; (P) 1.3389; (R1) 1.3492; More… Intraday bias in GBP/USD remains neutral and some more consolidations could be seen below 1.3483 temporary top. Fall from 1.3867 could have completed as a correction Read more…
Personal income edged lower by 0.1% month-over-month (m/m) in February, coming in below market expectations for a 0.3% gain. Adjusting for taxes and transfers, disposable income also declined by 0.1%, following a strong gain in Read more…