Daily Pivots: (S1) 1.3492; (P) 1.3519; (R1) 1.3562; More… Range trading continues in GBP/USD and intraday bias stays neutral. Further rise is in favor as long as 1.3379 support holds. Sustained break of 61.8% retracement Read more…
The US markets are holding near record highs, not because conviction in de-escalation is strong, but because traders are unwilling to fade the possibility of last-minute progress or extension in US–Iran negotiations. The price action Read more…
Layoffs continue to loom large across the U.S., spreading through nearly every sector of the economy. From major technology companies like Meta Platforms and Disney announcing thousands of job cuts to store closures and bankruptcy Read more…
NZD/JPY surged as New Zealand inflation data reinforced expectations for a Reserve Bank of New Zealand rate hike later in the year, with markets responding to persistent price pressures despite soft demand signals. The technical Read more…
Key takeaways Hawkish RBNZ supports NZD upside: Stronger-than-expected inflation (3.1%) increases the likelihood of rate hikes, with bond yield spreads signalling a more hawkish stance that underpins NZD/USD. Bullish reversal taking shape: NZD/USD has rebounded Read more…
Dow Futures ended the correction against the cycle from the April 2025 low at 45,065, which we identify as wave (2). From that level, the Index began to rally higher in wave (3). To confirm 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 good night’s sleep is one Read more…
Key Highlights GBP/USD extended gains and settled above the 1.3500 zone. A major bullish trend line is forming with support at 1.3505 on the 4-hour chart. EUR/USD might attempt another increase if it clears 1.1850. Read more…
Semiconductor stocks are ripping higher again, and the backdrop is getting hard to ignore. The Nasdaq PHLX Semiconductor Index (SOX) has climbed about 34% over its current 14-day winning streak, putting it on pace for Read more…
New Zealand’s CPI held steady at 3.1% yoy in Q1, above expectations of 2.9% and marking the highest level since Q2 2024, keeping it above the RBNZ’s 1–3% target band for a second straight quarter. Read more…