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FxWirePro: EUR/JPY losses ground for the 3rd consecutive session, Services PMI in Germany and EMU remain in contraction territory

Feb 03, 2021 12:10 pm UTC| Technicals

EUR/JPY chart - Trading View EUR/JPY was extending weakness for the 3rd straight session, trades 0.11% lower at 126.26 at around 12:00 GMT. The single currency remained under pressure after data released earlier on...

FxWirePro: GBP/CHF pivotal at 110W EMA (1.2285), decisive break above to fuel further gains

Feb 03, 2021 10:51 am UTC| Technicals

GBP/CHF chart - Trading View GBP/CHF is capped below 110W EMA for the 3rd straight session, outlook remains bullish. Data released earlier today by IHS Markit confirmed that final UK services sector activity...

FxWirePro: AUD/JPY holds 21-EMA support, weakness only on break below

Feb 03, 2021 10:00 am UTC| Technicals

AUD/JPY chart - Trading View AUD/JPY was trading 0.27% higher on the day at 80.052 at around 09:50 GMT. The pair has held strong support at 21-EMA and any weakness likely only on break below. The Australian dollar...

FxWirePro: DXY Daily Outlook

Feb 03, 2021 09:55 am UTC| Technicals

Ichimoku Analysis (4-Hour chart) Tenken-Sen- 91.04 Kijun-Sen- 90.82 As per our analysis, the US Dollar index is trading higher for 3rd consecutive days. The index is holding well above 91 levels...

FxWirePro: CADJPY Daily Outlook

Feb 03, 2021 09:18 am UTC| Technicals

Ichimoku Analysis (4-hour chart) Tenken-Sen- 81.92 Kijun-Sen- 81.63 CADJPY hits two weeks high at 82.28 and is hovering around that level. The Canadian dollar is the best performer against the USD...

Trade Idea EURUSD (Intraday)

Feb 03, 2021 08:47 am UTC| Technicals

Ichimoku analysis (1-hour chart) Tenken-Sen- 1.20390 Kijun-Sen- 1.20493 EURUSD lost more than 150 pips from a high of 1.21896 made on Jan 22nd, 2021. The surge in coronavirus cases and lockdown...

FxWirePro: USD/JPY uptrend intact, pair ignores Doji in the previous session to extend marginal gains

Feb 03, 2021 05:50 am UTC| Technicals

USD/JPY chart - Trading View USD/JPY was extending marginal gains on the day and was trading 0.03% higher on the day at 104.98 at around 05:35 GMT. The pair has ignored a Doji formation on the previous days candle...

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Economy

China Signals Strategic Rare Earth Push Amid Rising U.S. Competition

China has sent a fresh signal about the growing strategic importance of rare earth minerals as Premier Li Qiang, the countrys second-ranking official, inspected rare earth facilities in Jiangxi province this week,...

India–US Trade Deal: Digital Tax Removal and $500 Billion Purchase Commitment Signal Major Policy Shift

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Asian Currencies Edge Higher as Dollar Retreats Ahead of Key U.S. Data

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Japan Weighs Using Foreign Exchange Reserve Surplus to Fund Food Tax Cuts

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Russia Condemns U.S. Sanctions as Cuba Faces Critical Fuel Crisis

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Politics

U.S. to Deploy 200 Troops to Nigeria to Train Military Against Islamist Militants

The United States is preparing to deploy approximately 200 troops to Nigeria to help train the countrys military in its fight against Islamist militant groups, according to a U.S. official. The deployment comes weeks after...

Tulsi Gabbard Winds Down Controversial Intelligence Task Force Amid Political Scrutiny

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Zelenskiy Orders Overhaul of Ukraine’s Air Defence as Russian Attacks Intensify

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Trump Signals Possible U.S.–Iran Nuclear Deal Amid Rising Tensions

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Pride Flag Removed From Stonewall National Monument Sparks Backlash and Protest Plans

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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

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

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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

Minnesota Governor Says Trump Immigration Crackdown Could End Soon

Minnesota Governor Tim Walz said Tuesday that the federal immigration crackdown ordered by President Donald Trumps administration in Minnesota could end within days, following direct conversations with senior White House...

xAI Co-Founder Jimmy Ba Departs as Elon Musk’s AI Startup Faces Turbulence

Jimmy Ba, a co-founder of xAI, announced on Tuesday evening that he is leaving the artificial intelligence startup, becoming the sixth founding member to exit the company in recent months. Ba shared the news in a post on...

Samsung Electronics Sees Sustained AI-Driven Demand for Memory Chips Into Next Year

Samsung Electronics expects strong demand for memory chips to remain robust throughout this year and extend into next year, driven largely by the rapid expansion of artificial intelligence technologies, according to a...

AST SpaceMobile Joins MSCI ACWI Index as Largest New Addition, Boosting Market Visibility

MSCI Inc. announced on Tuesday that satellite communications company AST SpaceMobile Inc. (NASDAQ: ASTS) has been added to its widely tracked MSCI All Country World Index (MSCI ACWI), marking a significant milestone for...

Salesforce Workforce Reduction Affects Fewer Than 1,000 Roles Amid Ongoing Restructuring

Salesforce has reportedly reduced its workforce by fewer than 1,000 employees earlier this month, according to a Business Insider report published on Monday. The report cited a person familiar with the matter, though...
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