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FxWirePro: Buy US oil on dips

Aug 24, 2020 09:27 am UTC| Technicals

Ichimoku Analysis (4 Hour) Tenken-Sen- $42.19 Kijun-Sen- $42.22 WTI crude oil has recovered sharply more than $2 from low of $41.44 on Gulf storms. The hurricane Marco and Laura are expected to hit the Gulf of...

FxWirePro: USD/DKK retreats from 1-week peak, finds strong resistance at 21-EMA

Aug 24, 2020 08:59 am UTC| Technicals

The Danish Krone rose, rebounding from an over 1-week low hit in the prior session, as the greenback eased against a basket of currencies. The dollar index nudged lower, as the quantitative easing that the Federal...

FxWirePro: GBPJPY downside capped by 21- day MA, good to sell on rallies

Aug 24, 2020 08:19 am UTC| Technicals

Ichimoku Analysis (1-hour chart) Tenken-Sen- 138.57 Kijun-Sen- 139.09 GBPJPY recovered sharply after hitting a low of 138.25 yesterday. The slight decline in the Pound Sterling due to Brexit...

FxWirePro: USD/JPY comatose below 20-DMA, focus on Jackson Hole symposium

Aug 24, 2020 07:04 am UTC| Technicals

USD/JPY chart - Trading View USD/JPY trades directionless around 20-DMA, outlook remains bearish. Key focus this week will be the Fed Chair Jerome Powells speech during the Jackson Hole symposium (scheduled to open...

FxWirePro: NZD/USD slips lower, kiwi depressed after New Zealand extends coronavirus lockdown

Aug 24, 2020 06:16 am UTC| Technicals

NZD/USD chart - Trading View NZD/USD was trading 0.09% lower at 0.6528 at around 05:25 GMT, intraday bias is neutral. Kiwi dented after the New Zealand government announced an extension of lockdown in Auckland till...

FxWirePro: Gold Weekly Outlook

Aug 24, 2020 05:20 am UTC| Technicals

Ichimoku Analysis (Weekly Chart) Tenken-Sen- $1908 Kijun-Sen- $1763 Gold continues to trade lower for 2nd consecutive week on the strong dollar. The yellow metal declined after COVID 19 treatment...

FxWirePro: Major Pair levels and Bias summary

Aug 21, 2020 17:22 pm UTC| Technicals

Major Pair levels and Bias...

2941 2942 2943 2944 2945 2946 2947 2948 2949 2950

Economy

How the US–India tariff truce boosts major Indian industries, Surat to Pharma

With zero-duty treatment for flagship products including gems and diamonds, generic drugs, and certain aircraft parts, the new USIndia interim trade agreement reduces US tariffs on Indian products from roughly 25% (close...

Australian Pension Funds Boost Currency Hedging as Aussie Dollar Strengthens

A major Australian pension fund is ramping up its currency hedging strategy as expectations grow that the Australian dollar is undervalued and poised to strengthen further. HESTA, one of Australias largest superannuation...

Lee Seung-heon Signals Caution on Rate Hikes, Supports Higher Property Taxes to Cool Korea’s Housing Market

Lee Seung-heon, a leading candidate to become the next governor of the Bank of Korea (BOK), has voiced support for raising property ownership taxes as a way to curb surging home prices, while warning that a shift toward...

Asian Currencies Stay Rangebound as Yen Firms on Intervention Talk

Most Asian currencies traded within a narrow range on Monday, reflecting cautious sentiment as investors awaited key economic data from the United States and China. The Japanese yen edged slightly higher after Japans...

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...

Politics

China Overturns Death Sentence of Canadian Robert Schellenberg, Signaling Thaw in Canada-China Relations

Chinas top court has overturned the death sentence of Canadian national Robert Schellenberg, a major development in a long-running drug smuggling case that has strained diplomatic relations between Canada and China for...

Taiwan Says Moving 40% of Semiconductor Production to the U.S. Is Impossible

Taiwan has firmly rejected calls from the United States to relocate a large portion of its semiconductor manufacturing capacity, with senior officials stressing that the islands chip industry cannot be uprooted. Taiwan...

Trump Slams Super Bowl Halftime Show Featuring Bad Bunny

U.S. President Donald Trump sparked fresh controversy after criticizing the Super Bowl halftime show fronted by global music star Bad Bunny, calling the performance absolutely terrible in a social media post shared on...

Bangladesh Election 2026: A Turning Point After Years of Political Suppression

Bangladesh is heading into what many describe as its most competitive national election in more than a decade, marking a dramatic reversal of political fortunes after years of one-party dominance. For 15 years under former...

Ghislaine Maxwell to Invoke Fifth Amendment at House Oversight Committee Deposition

Ghislaine Maxwell, a longtime associate of the late financier Jeffrey Epstein, plans to refuse to answer questions during a scheduled deposition before the U.S. House Committee on Oversight and Government Reform on Monday,...

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

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...