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FxWirePro: EUR/KRW touches 1,339 mark in early hours of Asia, hits highest level since March 2018 

Jun 10, 2019 01:53 am UTC| Technicals

EUR/KRW is currently trading around 1,338 mark. It made intraday high at 1,339 and low at 1,337 levels. Intraday bias remains bullish till the time pair holds key support at 1,321 mark. A sustained close...

FxWirePro: CHFJPY Daily Outlook

Jun 07, 2019 12:02 pm UTC| Technicals

CHFJPY is trading higher for past four trading days and jumped more than 150 pips from low of 107.92 level.The previous low was 107.61 and almost like double bottom. Swiss franc is trading higher against USD and USDCHF has...

Crypto Technicals: Stellar Lumens holds 50-DMA support, 'Golden Cross' keeps scope for upside

Jun 07, 2019 11:28 am UTC| Digital Currency Technicals

XLM/USD chart - Trading View Exchange - Binance Support: 0.1169 (50-DMA); Resistance: 0.1475 (trendline) Technical Analysis: Bias Slightly Bullish Stellar Lumens bounces off 50-DMA support, extends gains for...

FxWirePro: USDCAD hits 2-week low on fed rate cut hopes, markets eye US/Canada jobs data

Jun 07, 2019 10:59 am UTC| Technicals

USDCAD trades lower for 5thconsecutive day and hits 2-week `low The pair has lost more than 200 pips and decline was mainly due to Fed Chairman comments increased hopes of rate cut Canadas trade...

FxWirePro: DAX30 trades higher on QE hopes, good to buy on dips

Jun 07, 2019 09:59 am UTC| Technicals

Major support- 11800 DAX30 has formed a minor bottom around 11864 and jumped more than 3.5%. It hits high of 12077 and is currently trading around 12038. The jump in European markets was mainly due to ECB...

Crypto Technicals: NEO/USD holds cloud support, break above 21-EMA (12.05) could see further upside

Jun 07, 2019 09:47 am UTC| Digital Currency Technicals

NEO/USD chart - Trading View Exchange - Binance Support: 11.02 (50-DMA); Resistance: 12.78 (200H SMA) Technical Analysis: Bias Slightly Bullish NEO/USD is trading 2.12% higher on the day at 11.95 at 09:35...

FxWirePro: South African rand weakens drastically against U.S. dollar, hits lowest level since Sept 2018

Jun 07, 2019 08:48 am UTC| Technicals

USD/ZAR is currently trading around 15.12 levels. It made intraday high at 15.17 and low at 14.95 levels. Intraday bias remains bullish till the time pair holds key support at 14.70 marks. A daily close...

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Economy

Iran's Stranglehold on the Strait of Hormuz: What It Means for Global Markets

U.S. intelligence assessments now confirm that Iran has no intention of loosening its grip on the Strait of Hormuz anytime soon. Tehran views control over this critical oil corridor as its most powerful bargaining chip...

Vietnam GDP Growth Slows in Q1 2026 Amid Middle East Oil Crisis

Vietnams economy posted solid but slower growth in the first quarter of 2026, with GDP expanding 7.83% year-on-year, down from 8.46% in the previous quarter, according to the National Statistics Office. While the figure...

March 2025 Jobs Report: Strong Headline Numbers Hide Deeper Economic Concerns

The U.S. labor market showed resilience in March 2025, with employment growth rebounding sharply after a sluggish February and the unemployment rate dipping unexpectedly to 4.3%. However, beneath the encouraging surface,...

UAE's Largest Natural Gas Facility Suspended After Attack-Triggered Fire

Abu Dhabi authorities have temporarily halted operations at Habshan, the United Arab Emirates largest natural gas processing facility, following a devastating attack that triggered a major fire at the site. The incident...

Trump's FY2027 Budget: Major Defense Boost and Domestic Spending Cuts

President Donald Trump has unveiled a bold federal budget proposal for fiscal year 2027, signaling a dramatic realignment of national spending priorities. The plan centers on a significant expansion of military funding...

Politics

China's Anti-Corruption Purge Reaches New Heights as Politburo Shrinks to 25-Year Low

Chinese President Xi Jinpings sweeping anti-corruption campaign has claimed another senior casualty, with former Xinjiang party secretary Ma Xingrui now under formal investigation for alleged serious violations of party...

U.S. F-15E Shot Down Over Iran: One Crew Member Recovered Amid Escalating Conflict

A United States F-15E Strike Eagle fighter jet has been shot down over Iranian territory, marking the first confirmed incident of its kind since the start of the nearly five-week conflict between the U.S., Israel, and...

U.S.-Iran War Escalates: Downed Fighter Jet, Stalled Ceasefire Talks, and Ground Invasion Fears

Tensions between the United States and Iran have reached a dangerous new peak following the downing of a U.S. F-15E fighter jet over Iranian territory the first time Tehran has shot down an American aircraft since the...

Judge Blocks DOJ Subpoenas in Federal Reserve Investigation, Delaying Powell Succession

A federal judge in Washington, D.C. has once again ruled against the Justice Departments efforts to revive a criminal investigation targeting Federal Reserve Chair Jerome Powell, dealing another significant blow to what...

Congo in Talks With Trump Administration to Accept Third-Country Deportees

The Democratic Republic of Congo is reportedly in discussions with the Trump administration about accepting deportees from third countries individuals who are not Congolese nationals but were living in the United States...

Science

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

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 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...

Technology

OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO

OpenAI is navigating a significant leadership restructuring at one of the most pivotal moments in its history. The AI powerhouse confirmed that Chief Operating Officer Brad Lightcap is transitioning into a newly created...

Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions

Elon Musk is reportedly making Grok subscriptions a prerequisite for banks and advisers involved in SpaceXs highly anticipated initial public offering. According to the New York Times, citing insiders familiar with the...

MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown

A bipartisan group of U.S. lawmakers has unveiled the MATCH Act, a landmark piece of draft legislation designed to tighten export restrictions on advanced semiconductor manufacturing equipment destined for China. The...

Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push

Microsoft is set to pour approximately $10 billion into Japan between now and 2029, channeling funds into data center expansion and artificial intelligence infrastructure to meet the countrys growing demand for data...

Australia's Social Media Ban for Under-16s Sparks Global Movement

Australias landmark social media ban for users under 16, which took effect in December, is reshaping digital policy conversations worldwide. Countries including Spain and Malaysia have signaled interest in adopting similar...
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