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FxWirePro: EUR/NZD hits 3-months high, upside bias remains

Aug 14, 2020 18:48 pm UTC| Technicals

EUR/NZD rally extended above 1.8000 on Friday as euro was boosted by upbeat Euro zone trade surplus data. Euro zones trade surplus rose in June to 21.2 billion euros ($25 billion) as the blocs drop in imports amid a...

FxWirePRO: Major pair levels and bias summary

Aug 14, 2020 17:46 pm UTC| Technicals

Major pair levels and bias...

FxWirePro: USDCAD recovers on the upbeat US retails sales, good to buy on dips

Aug 14, 2020 17:13 pm UTC| Technicals

Ichimoku analysis (1 Hour chart) Tenken-Sen- 1.32508 Kijun-Sen- 1.32388 USDCAD has recovered more than 50 pips after better than upbeat US retail sales data. It rose for 3rd straight month with Core...

FxWirePro: USD/SEK rebounds from 1-week low, finds support at 8.6500

Aug 14, 2020 12:43 pm UTC| Technicals

The Swedish Krona eased, retreating from a 1-week high recorded in the prior session as the greenback rose against a basket of currencies. The dollar index gained following a spike in U.S. bond yields and release of...

FxWirePro: Norwegian Krone off 7-month peak as crude oil eases on demand concerns

Aug 14, 2020 11:49 am UTC| Technicals

The Norwegian Krone declined, retreating from a 7-month peak as oil prices declined on demand doubts and rising supply. Crude oil prices tumbled, extending previous session losses, weighed down by doubts about demand...

FxWirePro: USD/DKK consolidates above 6.300, investors eye next catalyst

Aug 14, 2020 10:59 am UTC| Technicals

The Danish Krone steadied after rising for two straight sessions, as the greenback held firm against a basket of currencies. The dollar index nudged higher, halting a 2-day losing streak after data released yesterday...

FxWirePro: Sell US oil on rallies  

Aug 14, 2020 10:56 am UTC| Technicals

Ichimoku Analysis (1-Hour) Tenken-Sen- $42.08 Kijun-Sen- $42.28 WTI crude oil declined once again after hitting a high of $42.88 level. The weak Chinese data and the US and China trade war are putting...

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Economy

U.S. retail sales growth slows down slightly in July

U.S. retail sales growth decelerated in July. Sales grew 1.2 percent, slowing down from the 8.4 percent growth in June. Consensus expectations were for a growth of 1.9 percent. The volatile categories recorded mixed...

FxWirePro: Sterling Looks Weaker On Gloomy Economic & Geopolitical Surface – Deploy ‘Debit Call Spreads’ To Hedge

The Corona crisis has hit the British economy comparatively hard. In addition, Brexit risks remain high, which is why we assume that the pound will continue to remain weak against the euro. Given that the UK and EU...

Macau begins bringing back gamblers from China

Macau has started reissuing tourist visas to bring gamblers back and keep casino operators from losing $15 million daily in expenses. The coronavirus lockdowns brought a severe downturn to the number of Macaus visitors...

US to label goods from Hong Kong as 'Made in China'

Good entering the US from Hong Kong after Sept. 25 will be labeled as Made in China, according to a notice in the US Federal Register. There are limited direct exports from Hong Kong, with most of the citys shipments to...

UK suffers 20.4% economic slump in Q2

The UK economy suffered its worst slump on record in the second quarter with a 20.4 percent plunge, the biggest of any major global economy. The slump, preceded by a 2.2 percent contraction in the first quarter, sent...

Politics

Donald Trump: POTUS says UAE and Israel will establish full normalized relations in new peace deal

There has been an ongoing conflict between Israel and Palestine surrounding the West Bank with the two sides, with Israel seeking to annex the West Bank. This week, Donald Trump announced the peace deal between Israel and...

Barack Obama: Donald Trump says he would not ask Ex-POTUS to resign if his administration handled COVID-19

Former President Barack Obama, like Donald Trump, also tackled a public health crisis during his eight years as commander-in-chief. On a rare occasion, Trump recently seemed to suggest that he would not ask for his...

Melania Trump: FLOTUS may be delivering her RNC convention speech from White House Rose Garden

Donald Trump will be formally accepting the Republican party nomination as he faces reelection against former vice president Joe Biden. First lady Melania Trump is also set to address the party, and her speech may be...

Michelle Obama talks about menopause and aging in new podcast episode

The latest episode of former first lady Michelle Obamas podcast was centered on womens health specifically what happens over time. Sitting down with OB-GYN Dr. Sharon Malone, Michelle opened up about her experience of...

Science

COVID-19: Blood test could reveal how fatal coronavirus is to a patient

Since the breakout in December 2019, the coronavirus pandemic also known as COVID-19 continues to terrorize the world to this day. Scientists are increasing efforts to study and develop a possible cure, but researchers...

NASA releases image of a pink gas giant exoplanet 57 lightyears away from Earth

In the universe, the planets in our Solar System are only a fraction of the number of planets that are out there orbiting their respective stars and star systems. Some of those exoplanets are strangely amazing, and NASA...

Climate change: Arctic region may be completely thawed out by 2035, researchers claim

Alongside the COVID-19 pandemic is the fight against climate change, which is now occurring at an accelerated rate in some parts of the worlds polar regions. Unfortunately, researchers have predicted a grim outcome of the...

Asteroids: NASA reveals potentially hazardous asteroid 2011 ES4 to pass by closer than the Moon

Space agencies such as NASA are constantly on the lookout for asteroids that would wander into the Earths orbit. With the news of one particularly hazardous asteroid making its way Earthbound, NASA revealed when it will be...

Technology

Xbox Series X leaks suggest early November launch

With only a few months left before the next-generation console war happens, the gaming community can expect more leaks to surface online. Recently, various sources have pointed to a very likely chance for Xbox Series X to...

‘BioShock 4’ job offerings hint at the introduction of ‘new world’ setting

More details about the anticipated BioShock 4 have come to light recently from one of the most common sources of information within the gaming community. The games developer has several active job listings that also hint...

Pixel 5: Google’s next premium smartphone won’t feature a premium processor?

The latest entry to Qualcomms Snapdragon 8 series has usually been the processing chip expected to power every smartphone makers top-tier flagship device. While Pixel 5 is billed as Googles next premium smartphone...

AirPods 3 could be a cyclist-friendly wearable audio device in 2021

It might take a while before Apple launches the AirPods 3 but that would be worth it, especially for cyclists. A newly granted Apple patent suggests a safety-oriented feature could be added in the next-generation truly...
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