EUR/GBP fell to as low as 0.8446 last week but recovered since then. Initial bias remains neutral this week for consolidations. Further fall is expected as long as 0.8492 resistance holds. Firm break of 61.8% Read more…
EUR/AUD’s break of 1.6072 support last week indicates resumption of whole down trend from 1.8554. Initial bias stays on the downside this week for 61.8% projection of 1.6617 to 1.6072 from 1.6334 at 1.597. Firm Read more…
EUR/CHF’s recovery was limited below 0.9371 support turned resistance last week, and stayed in sideway trading. Initial bias remains neutral this week and further decline is mildly in favor. On the downside, break of 0.9258 Read more…
US dollar remains strong despite weakening consumer sentiment: The University of Michigan Consumer Sentiment Index fell to 46.3 in October, signaling growing financial pressure on American households and concerns about future consumer spending. Rising inflation Read more…
A narrower French bond spread has eased immediate market stress, but fiscal concerns remain unresolved. High public debt leaves euro area governments vulnerable to rising borrowing costs. Pressure on Italian bonds highlights the risk of Read more…
Our summary of recent economic events and what to expect in the weeks ahead. Canadian Highlights Canadian labour market momentum softened further in September, strengthening the case for a Bank of Canada pause later this Read more…
Next week’s U.S. CPI release should show prices rose 0.6% in September, driven by energy, while core inflation remains contained, consistent with a Fed hold in October. September existing home sales likely slipped 1.0%, while Read more…
Canada’s economy entered Q3 on a softer footing as activity stalled in July. Statistics Canada’s advance estimates pointed to a 0.2% increase in August, but declining home resales already released and weaker manufacturing, wholesale shipments 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 A seasonal change of temperature often Read more…
AI investors have grown accustomed to seeing almost every dip treated as another buying opportunity. Jim Cramer’s latest message, though, is uncomfortable. While he believes the long-term AI story remains intact, owning too much of Read more…