Daily Pivots: (S1) 1.3236; (P) 1.3268; (R1) 1.3327; More… GBP/USD’s rebound from 1.3158 accelerated higher today and immediate focus is now on 1.3479 resistance. Decisive break there will argue that fall from 1.3867 has completed Read more…
Daily Pivots: (S1) 1.1546; (P) 1.1575; (R1) 1.1627; More…. EUR/USD’s extended rally and break of 1.1666 cluster resistance (38.2% retracement of 1.2081 to 1.1408 at 1.1665) now suggests that whole decline from 1.2081 high has Read more…
Dollar’s sharp slide as oil price drops below $100 on the US-Iran ceasefire is raising a critical question for FX markets: whether the unwinding of war premium is now enough to push EUR/USD back toward Read more…
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The Reserve Bank of New Zealand held the Official Cash Rate at 2.25% as expected, but struck a clearly hawkish tone, warning it stands ready to deliver “decisive and timely increases” if inflation expectations begin Read more…
Key Highlights Gold started a fresh increase above the $4,500 zone. A major bearish trend line is forming with resistance at $4,735 on the 4-hour chart. WTI Crude Oil trimmed gains and traded below the Read more…
The Monetary Policy Committee today agreed to hold the OCR at 2.25 percent. Since the February Monetary Policy Statement, events in the Middle East have materially altered the outlook and the balance of risks for Read more…
Oil’s immediate slide from around $115 to below $100 shows markets are embracing the US-Iran ceasefire and unwinding war premium. But with no peace deal in place, prices are likely to hold above $80 as Read more…
Early Tuesday evening, President Donald Trump announced the United States would defer an attack on Iran for two weeks on hopes a deal over the Strait of Hormuz can be achieved. The hope was that 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 Keeping the cabinets under your sinks Read more…