As the chart shows, XAU/USD climbed above the $4,000 mark today, a move likely driven by: → Weakness in the US dollar index – or a pullback from the resistance level discussed in yesterday’s DXY Read more…
Market Overview The crypto market has gained 1% over the past 24 hours, the first increase after four days of decline. The market is stabilising at levels just above $3.4 trillion, close to May’s local Read more…
Eurozone retail sales disappointed in September, falling -0.1% mom, missing expectations of a 0.2% gain. The decline was driven mainly by weaker spending on non-food items, which slipped -0.2%, and a sharp -1.0% drop in 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 There aren’t many timepieces that can Read more…
The GBP/USD pair is attempting to find support around 1.3062 on Thursday, with investors cautiously positioning themselves ahead of today’s pivotal Bank of England (BoE) monetary policy meeting. The British currency remains under pressure, trading Read more…
Markets The Bank of England has a reputation of daring to surprise. It’s nickname – unreliable boyfriend – is testament to that. Today we might see one of those upsets with UK money markets discounting Read more…
Selloff across major US indices slowed yesterday as pressures eased and dip-buyers came in to amass their favourite stocks at slightly lower levels than the recent all-time highs, while attention shifted toward rare economic data Read more…
In focus today In Sweden, the preliminary inflation figures for October are released at 08:00 CET. We expect core inflation at 2.65% (cons: 2.6%, prior: 2.7%) and headline CPIF at 2.95% (cons: 2.9%, prior: 3.09%). Read more…
Daily Pivots: (S1) 1.1475; (P) 1.1487; (R1) 1.1504; More… Intraday bias in EUR/USD is turned neutral with current recovery, and some consolidations would be seen above 1.1467 temporary low. Further decline is expected as long Read more…
Daily Pivots: (S1) 153.27; (P) 153.81; (R1) 154.67; More… USD/JPY is still bounded in consolidations below 154.47 and intraday bias stays neutral. Further rally is expected as long as 151.52 support holds. Above 154.47 will Read more…