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FxWirePro: NZD/USD attempts minor recovery after previous session's slump, S&P's upbeat comments support

May 20, 2021 06:59 am UTC| Technicals

NZD/USD chart - Trading View NZD/USD was trading 0.23% higher on the day at 0.7181 at around 05:00 GMT, consolidates previous sessions slump. New Zealand government on Thursday unveiled its annual budget, which...

FxWirePro- GBPJPY Daily Outlook

May 20, 2021 05:34 am UTC| Technicals

Ichimoku Analysis (1-Hour Chart) Tenken-Sen- 154.10 Kijun-Sen- 154.17 GBPJPY has halted its three-week winning streak and lost more than 130 pips on pound sterling weakness. GBPUSD declined sharply post FOMC...

FxWirePro- Gold Daily Outlook

May 20, 2021 05:05 am UTC| Technicals

FxWirePro- Gold Daily Outlook Ichimoku analysis (Daily chart) Tenken-Sen- $1849 Kijun-Sen- $1811 Gold declined nearly $30 post FOMC minutes. The minutes for the FOMC meeting in Apr showed that some of the...

FxWirePro: AUD/USD slips below 21-EMA, mixed Aussie jobs and cautious mood keeps bias bearish

May 20, 2021 04:29 am UTC| Technicals

AUD/USD chart - Trading View AUD/USD was trading 0.16% higher on the day at 0.7738 at around 04:15 GMT, outlook neutral. The Australian dollar remains depressed on mixed Australia jobs and cautious market...

FxWirePro: GBP/NZD runs out of steam but maintains bullish outlook

May 19, 2021 19:18 pm UTC| Technicals

GBP/NZD strengthened on Wednesday ,but bulls encountered increasing difficulty maintaining recent gains as the pair found strong resistance at 1.9728(23.6%fib). Bid is holding on pullback to 1.9707 and run towards the...

FxWirePro:GBP/AUD loses momentum but outlook is strongly bullish

May 19, 2021 18:59 pm UTC| Technicals

GBP/AUD retreated on Wednesday as currencies early gains evaporated after U.S. Federal Reserves policy meeting. GBP/AUD dipped , but losses were limited as buyers emerged at 1.8240. GBP/AUD remains bullish , only...

FxWirePro:EUR/NZD extends gains, faces 23.6% fibo resistance

May 19, 2021 18:49 pm UTC| Technicals

EUR/NZD rose higher on Wednesday as continued pick up in the COVID-19 vaccine rollout in Eurozone and doubts about ECB balance sheet expansion helped boost demand for euro. EUR/NZD lifts further above 1.6978 (38.2%...

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Economy

Oil Prices Edge Higher as US-Iran Tensions and Strong Payroll Data Shape Market Sentiment

Oil prices moved higher in Asian trading on Thursday as ongoing geopolitical tensions between the United States and Iran kept a risk premium firmly embedded in crude markets. Investors closely monitored developments in the...

Gold and Silver Prices Slip After Strong U.S. Jobs Data, Fed Rate Cut Bets Fade

Gold and silver prices edged lower in Asian trading on Thursday after stronger-than-expected U.S. nonfarm payrolls data reduced expectations of aggressive Federal Reserve interest rate cuts. However, ongoing geopolitical...

Asian Stocks Hit Record High as Strong U.S. Jobs Data Tempers Fed Rate Cut Hopes

Asian stocks surged to fresh record highs on Thursday, supported by a rally in technology shares and renewed investor confidence across the region. South Korean and Japanese equities led gains in early trading, pushing...

RBA Signals Further Interest Rate Hikes if Inflation Persists, Says Governor Michele Bullock

Reserve Bank of Australia (RBA) Governor Michele Bullock has warned that additional interest rate hikes remain possible if inflation in Australia becomes entrenched, underscoring the central banks firm commitment to...

U.S. Stock Futures Steady as Strong Jobs Data Clouds Fed Rate Cut Outlook

U.S. stock futures were little changed Wednesday evening following a muted session on Wall Street, as investors weighed a stronger-than-expected jobs report that dampened expectations for near-term Federal Reserve rate...

Politics

House Votes to End Trump’s Canada Tariff Emergency, Senate Showdown Looms

The U.S. House of Representatives voted Wednesday evening to terminate the national emergency declared by President Donald Trump to impose tariffs on Canada, marking a significant development in the ongoing debate over...

Pentagon Seeks Broader Access to AI Tools on Classified Military Networks

The Pentagon is accelerating efforts to deploy advanced artificial intelligence tools across both unclassified and classified military networks, signaling a major shift in how the U.S. Department of Defense plans to...

Trump to Host Governors at White House Amid Dispute Over Democratic Invitations

President Donald Trump plans to host a bipartisan group of U.S. governors at the White House on February 20, according to National Governors Association (NGA) Chairman Kevin Stitt. The annual NGA meeting in Washington...

U.S. Offers Payments to Afghans in Qatar as Camp As Sayliyah Closure Nears

The U.S. State Department has begun offering financial incentives to Afghans stranded in Qatar to encourage voluntary repatriation, as officials move to shut down Camp As Sayliyah (CAS) by the end of March. The facility, a...

Angus Taylor Challenges Sussan Ley as Liberal Party Leadership Tensions Escalate

Australias opposition leader Sussan Ley is facing mounting pressure within the Liberal Party after senior frontbencher Angus Taylor resigned from his role as shadow defence minister, signaling a potential leadership...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

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...

Technology

U.S. Commerce Department Reaches $252 Million Settlement With Applied Materials Over China Exports

The U.S. Department of Commerce has announced a $252 million settlement with Applied Materials, resolving allegations that the semiconductor equipment maker illegally exported U.S. chip manufacturing technology to China....

Russia Moves to Fully Block WhatsApp as Kremlin Pushes State-Backed MAX App

Russia has reportedly attempted to fully block WhatsApp, the popular messaging service owned by Meta Platforms, as part of its broader efforts to tighten control over the countrys digital space. According to a company...

Instagram CEO Defends Platform in Youth Mental Health Lawsuit Over Social Media Addiction Claims

Adam Mosseri, head of Meta Platforms Instagram, defended the companys product decisions during a high-profile trial in Los Angeles centered on allegations that social media addiction has contributed to a youth mental...

FTC Questions Apple News Over Alleged Bias Against Conservative Media

The U.S. Federal Trade Commission (FTC) has raised concerns about Apple News following allegations that the platform favors left-leaning media outlets while excluding conservative publications. In a letter addressed to...

ByteDance Advances AI Chip Development With Samsung Manufacturing Talks

Chinas ByteDance is accelerating its push into artificial intelligence hardware, reportedly developing its own AI chip while holding discussions with Samsung Electronics for manufacturing support. The TikTok parent company...
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