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FxWirePro- GBPJPY Daily Outlook

Nov 10, 2022 10:07 am UTC| Technicals

GBPJPY pared most of its gains made on Monday. The pound sterling declined sharply ahead of the first estimate of the UK GDP data. Bank of England hiked rates by 75 bpbs the previous Thursday with a dovish stance. The...

FxWirePro: EUR/GBP Daily Outlook

Nov 10, 2022 09:22 am UTC| Technicals

Chart - Courtesy Trading View Technical Analysis: - EUR/GBP was trading 0.50% lower on the day at 0.8767 at around 09:10 GMT - The pair has snapped 2-day upside, finds rejection at daily cloud - MACD and ADX...

FxWirePro: NZD/USD slips below 55-EMA, more weakness on cards

Nov 10, 2022 08:56 am UTC| Technicals

Chart - Courtesy Trading View NZD/USD extends previous sessions downside, was trading 0.59% lower on the day at 0.5846 at around 07:35 GMT. An internal report released by the New Zealand central bank on Thursday says...

FxWirePro- Gold Daily Outlook

Nov 10, 2022 05:36 am UTC| Technicals

Ichimoku Analysis (4 Hour chart) Tenken-Sen- $1700.61 Kijun-Sen- $1675.49 Gold halted its three days rally ahead of US CPI data. US stock markets lost their shine after Republicans gains modestly in...

FxWirePro: USD/JPY recovery capped at 21-EMA, US inflation data will be key to further direction

Nov 10, 2022 04:52 am UTC| Technicals

Chart - Courtesy Trading View USD/JPY was trading 0.17% lower on the day at 146.15 at around 04:30 GMT. The pairs recovery attempts on the previous day were capped at 21-EMA, US inflation data will be crucial to...

FxWirePro:EUR/AUD longs cede some ground ahead Of US inflation data

Nov 09, 2022 23:07 pm UTC| Technicals

EUR/AUD strengthened on Wednesday but gains were limed as bulls backed away from as focus shifts to US CPI. The U.S. consumer price index (CPI) report for October will provide the latest read on inflation in the...

FxWirePro: GBP/AUD attracts selling interest, vulnerable to more downside

Nov 09, 2022 18:40 pm UTC| Technicals

GBP/AUD declined on Wednesday as the pair attracted sellers ahead Thursdays US CPI data. Investors are waiting to see whether Thursdays U.S. Consumer Price Index data will spur the Federal Reserve to continue to...

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Economy

Gold and Silver Prices Climb in Asian Trade as Markets Eye Key U.S. Economic Data

Gold prices edged higher during Asian trading on Monday, with silver also posting strong gains, as precious metal markets attempted to stabilize after a week marked by sharp volatility. The rebound comes amid lingering...

UK Starting Salaries See Strongest Growth in 18 Months as Hiring Sentiment Improves

Starting salaries for permanent employees in the UK recorded their strongest increase in nearly a year and a half in January, signaling early signs of stabilization in the British labor market. According to the latest...

Australian Household Spending Dips in December as RBA Tightens Policy

Australian household spending declined in December as consumers eased back after heavy year-end sales activity, but solid sales volumes continued to highlight why the Reserve Bank of Australia (RBA) recently raised...

Oil Prices Slip as U.S.-Iran Talks Ease Middle East Tensions

Global oil prices opened the week lower, sliding more than 1% on Monday as investor concerns over a potential conflict in the Middle East eased following diplomatic progress between the United States and Iran. The decline...

Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances

Indian refiners are increasingly avoiding purchases of Russian crude oil for delivery in April and potentially beyond, a strategic shift that could support New Delhis efforts to finalize a trade agreement with the United...

Politics

Trump Administration Appeals Court Order to Release Hudson Tunnel Project Funding

The administration of U.S. President Donald Trump has filed an appeal challenging a federal court decision that ordered the Transportation Department to unfreeze funding for the $16 billion Hudson Tunnel Project, a major...

Trump Congratulates Japan’s First Female Prime Minister Sanae Takaichi After Historic Election Victory

U.S. President Donald Trump publicly congratulated Japanese Prime Minister Sanae Takaichi on Sunday following her coalitions decisive landslide victory in Japans lower house elections held over the weekend. The message,...

Japan’s Prime Minister Sanae Takaichi Secures Historic Election Win, Shaking Markets and Regional Politics

Japans Prime Minister Sanae Takaichi has secured a historic landslide victory in a rare winter election, consolidating power and paving the way for major shifts in economic, fiscal, and security policy. Takaichis Liberal...

Sydney Braces for Pro-Palestine Protests During Israeli President Isaac Herzog’s Visit

Sydney is preparing for large-scale pro-Palestine protests as Israeli President Isaac Herzog visits Australia, prompting authorities to declare the trip a major event and deploy thousands of police across the city....

Anutin’s Bhumjaithai Party Wins Thai Election, Signals Shift Toward Political Stability

Thailands political landscape may be entering a more stable phase after Prime Minister Anutin Charnvirakuls Bhumjaithai Party secured a decisive victory in Sundays general election. Preliminary results from the Election...

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

Technology

Samsung Electronics Shares Jump on HBM4 Mass Production Report

Samsung Electronics shares surged on Monday following reports that the South Korean tech giant is set to begin mass production of its next-generation HBM4 memory chips, a key component in artificial intelligence hardware....

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...
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