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FxWirePro: EUR/USD holds minor trendline support at 1.0907, break below to plummet prices further

Feb 11, 2020 09:34 am UTC| Technicals

EUR/USD chart - Trading View Technical Analysis: Bias Bearish Support: 1.0879 (Oct 1st low); Resistance: 1.0949 (5-DMA) EUR/USD was trading largely rangebound on the day, with session highs at 1.0917 and lows at...

FxWirePro: Euro trades marginally lower against major peers ahead of ECB President Lagarde’s speech

Feb 11, 2020 08:40 am UTC| Technicals

EUR/INR is currently trading around 77.74 mark. It made intraday high at 78.02 and low at 77.67 mark. Intraday bias remains bearish for the moment. A daily close above 77.79 will drag the parity up towards...

FxWirePro: Silver trades flat ahead of Fed Chair Powell’s testimony

Feb 11, 2020 08:16 am UTC| Technicals

XAG/USD is currently trading around $17.72 marks. It made intraday high at $17.81 and low at $17.71 levels. Intraday bias remains neutral till the time pair holds key resistance at $17.82 mark. A daily close...

FxWirePro: Aussie holds gains above 0.6700 as business confidence slightly improves

Feb 11, 2020 08:01 am UTC| Technicals

The Australian dollar rose, extending previous session gains after data showed improvement in domestic business confidence. Australian business conditions showed activity stayed flat in January though confidence...

FxWirePro: South African rand trades marginally higher ahead of unemployment rate, manufacturing production data

Feb 11, 2020 07:11 am UTC| Technicals

USD/ZAR is currently trading around 14.94 levels. It made intraday high at 14.97 and low at 14.92 levels. Intraday bias remains bearish till the time pair holds key resistance at 15.02 mark. A daily close...

FxWirePro: USD/INR exhibits range bound movement, sustained close below 71.10 requires for downside rally

Feb 11, 2020 06:28 am UTC| Technicals

USD/INR is currently trading around 71.17 marks. It made intraday high at 71.29 and low at 71.14 marks. Intraday bias remains bearish till the time pair holds key resistance at 71.49 mark. Key resistances...

FxWirePro: Chinese yuan appreciates against U.S. dollar, consistent close below 6.9690 mark targets 6.9210 mark

Feb 11, 2020 06:19 am UTC| Technicals

USD/CNY is currently trading around 6.9682 marks. It made intraday high at 6.9843 and low at 6.9672 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 6.9850 mark. A...

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Economy

U.S. Stock Futures Steady Amid Iran Ceasefire Talks and Trump Address

U.S. stock index futures held steady Wednesday evening as investors turned their attention to a primetime address from President Donald Trump regarding a possible military de-escalation with Iran. The cautious tone in...

Trump Claims Iran Sought Ceasefire as Middle East War Escalates

Tensions in the Middle East reached a new flashpoint this week as U.S. President Donald Trump publicly claimed that a senior Iranian official requested a ceasefire, a statement Tehran swiftly and firmly rejected. The...

Oil Prices Slide as Iran Tensions Ease and U.S. Crude Stockpiles Swell

Oil prices continued their downward trend during Asian trading hours on Thursday, pressured by fading geopolitical risk and a larger-than-expected rise in American crude stockpiles. Brent crude futures for June delivery...

Gold Prices Surge as U.S.-Iran Ceasefire Talks Spark Market Optimism

Gold prices climbed sharply on Wednesday, marking the sixth gain in eight sessions as easing geopolitical tensions between the United States and Iran renewed investor appetite for the precious metal. Spot gold XAU/USD rose...

South Korea's Inflation Rises Modestly in March Amid Oil Price Pressures

South Koreas consumer inflation climbed at a slower-than-anticipated pace in March, offering mild relief even as surging global oil prices driven by the ongoing Iran war continued to weigh on the broader economy. The...

Politics

Congress Eyes Two-Bill Strategy to Resolve DHS Funding Crisis

Republican congressional leaders have unveiled a two-pronged legislative strategy to end the ongoing Department of Homeland Security funding deadlock, aiming to reopen the agency, ensure federal workers receive back pay,...

Trump's Claim That the U.S. Can Cover Global Jet Fuel Shortfall Doesn't Add Up

President Donald Trump urged nations facing jet fuel shortages caused by Irans blockade of the Strait of Hormuz to simply purchase their supply from the United States. We have plenty, Trump posted on Truth Social. But...

FBI Launches Independent Cuba Probe After Deadly Speedboat Shootout

A team of FBI agents traveled to Cuba this week to conduct an independent investigation into a deadly maritime confrontation involving ten Cuban exiles who attempted to infiltrate the island by speedboat under cover of...

Carney and Trump Discuss Middle East Crisis in High-Stakes Phone Call

Canadian Prime Minister Mark Carney and U.S. President Donald Trump connected over the phone on Wednesday to address the ongoing conflict in the Middle East, among other pressing global issues. The call marked another...

Bahamas Calls Snap Election for May 12 Amid Cost of Living Concerns

Prime Minister Philip Davis announced Wednesday that the Bahamas will hold an early general election on May 12, moving the vote several months ahead of its originally scheduled mid-October date. Davis confirmed he will...

Science

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

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...

Technology

SpaceX Eyes Historic IPO at $1.75 Trillion Valuation

Elon Musks aerospace giant SpaceX has quietly filed a confidential IPO registration with the U.S. Securities and Exchange Commission, according to Bloomberg News sources familiar with the matter. The move signals that the...

Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman

Annie Altman has filed an amended civil lawsuit against her brother, OpenAI CEO Sam Altman, accusing him of sexually abusing her over a span of nearly a decade. The amended complaint was submitted Wednesday in St. Louis...

TSMC Japan's Second Fab to Produce 3nm Chips by 2028

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has confirmed plans to begin equipment installation and mass production of 3-nanometre wafers at its second fabrication plant in...

Apple Turns 50: From Garage Startup to AI Crossroads

In early 1976, engineer Steve Wozniak finished designing a computer circuit board he planned to share with fellow hobbyists at a local California tech club. His friend Steve Jobs recognized a commercial opportunity, and...

Rubio Directs U.S. Diplomats to Use X and Military Psyops to Counter Foreign Propaganda

Secretary of State Marco Rubio has instructed American diplomats to leverage social media platform X and collaborate with Pentagon psychological operations units as part of a broader strategy to combat foreign...