Cryptocurrencies
EUR/AUD Daily Outlook
Daily Pivots: (S1) 1.6536; (P) 1.6612; (R1) 1.6654; More… There is no clear sign of bottoming in EUR/AUD yet despite loss of momentum as seen in 4H MACD. Intraday bias remains on the downside. Fall Read more…
Cryptocurrencies
EUR/GBP Daily Outlook
Daily Pivots: (S1) 0.8718; (P) 0.8738; (R1) 0.8769; More… EUR/GBP’s rebound from 0.8611 is resuming and intraday bias is back on the upside. Sustained trading above 0.8744 resistance will solidify the case that fall from Read more…
Cryptocurrencies
Sterling Attempts Downside Break as Loonie Awaits GDP
Forex markets are closing out February in subdued fashion, with activity thinning as traders hold back from fresh positioning ahead of a heavy data calendar next week. Aussie remains the standout performer, supported by stronger-than-expected Read more…
Cryptocurrencies
USD/JPY Climbs Higher, Bulls Eye Fresh Upside Extension Ahead
Key Highlights USD/JPY regained traction and climbed above the 155.00 resistance. A rising channel is forming with support at 155.50 on the 4-hour chart. EUR/USD is struggling to clear the 1.1840 and 1.1860 resistance levels. Read more…
Cryptocurrencies
Zillow predicts major mortgage rate change, homebuying shift
For homebuyers who’ve spent years watching the housing market move out of reach, the real estate tide may finally be turning. Mortgage rates seem to be slipping just enough to hint at a new phase Read more…
Cryptocurrencies
Amazon’s ‘perfectly fluffy’ 7-piece bedding and comforter set is on sale for $40
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 When your bedroom needs a refresh, Read more…
Cryptocurrencies
PBOC cuts FX risk reserve to temper Yuan strength, but downtrend in USD/CNH intact
The People’s Bank of China announced today that it will lower the foreign exchange risk reserve requirement for financial institutions purchasing foreign exchange via forwards to zero from 20%, effective March 2. The move reverses Read more…
Cryptocurrencies
Japan’s industrial production rises 2.2% mom on auto strength, but forward signals soft
Japan’s industrial production rose 2.2% mom in January, marking the first increase in three months, though falling well short of expectations for a 5.5%. . Production expanded in 13 of 15 sectors, with automakers posting Read more…
Cryptocurrencies
Another interstate trucking company files Chapter 11 bankruptcy
The trucking industry has faced economic challenges, known as the Great Freight Recession, for almost four years, as firms battle reduced shipping demand, lower freight rates, and rising costs of labor, fuel, and insurance driven Read more…
Cryptocurrencies
Subsidy effect pulls Tokyo core CPI down to 1.8%, but underlying inflation firms
Inflation in Tokyo eased further in February, with core CPI (ex-fresh food) falling to 1.8% yoy from 2.0% yoy. While slightly above market expectations of 1.7% yoy, the reading marks the third straight monthly slowdown Read more…