USD/CAD is still bounded in sideway trading and intraday bias remains neutral. Further rise is expected as long as 1.4200 support holds. Firm break of 1.4297 will target 100% projection of 1.3480 to 1.4247 from Read more…
Intraday bias in GBP/JPY remains neutral for the moment. While another fall cannot be ruled out, strong support should be seen from 206.10 fibonacci level to bring rebound. Considering bullish divergence condition in 4H MACD, Read more…
Intraday bias in EUR/JPY remains neutral as sideway trading continues. In case of another fall, strong support is expected from 175.26/41 to bring rebound. Considering bullish divergence condition in 4H MACD, firm break of 179.29 Read more…
Bank of England Chief Economist Huw Pill expressed skepticism over market expectations for four interest-rate hikes over the coming year, while maintaining that further monetary tightening was necessary to contain inflation. Speaking at a Citi Read more…
Wendy’s is fighting to keep some restaurants open as one of the largest franchisees seeks to close underperforming locations during bankruptcy proceedings. The dispute highlights a growing rift between the fast-food chain and Meritage Hospitality 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 Jewelry isn’t an area you want Read more…
Silver slipped below last week’s 58.46 low to touch 58.39 even as Treasury yields and the Dollar fell, while the Gold/Silver ratio accelerated toward 71—a divergence suggesting Silver’s weakness is no longer just about rates, Read more…
Markets Markets largely erased yesterday’s modest losses, a session marked by broad-based but limited directional moves. Core bonds eked out a small win with yields easing by less than 2 bps in Europe and the Read more…
In focus today In the US, the most important data release of the week will be the September CPI, released this afternoon. We forecast headline inflation at 0.5% m/m SA, 3.6% y/y (prior: 0.6% m/m, Read more…
China’s exports surged well beyond expectations in September, reinforcing the strength of its external sector even as domestic demand continued to lag. In USD terms, exports accelerated from 25.0% yoy in August to 36.3% in Read more…