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Tue, Dec 16, 2025 02:07 AM All times are UTC

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FxWirePro: USD/THB fails to fall below 31.80 mark, further sideways movement likely

Jan 16, 2019 02:38 am UTC| Technicals

USD/THB is currently trading around 31.90 marks. It made intraday high at 31.93 and low at 31.89 marks. Intraday bias remains neutral for the moment. On the top side, key resistances are seen at 32.02,...

FxWirePro: EUR/KRW trades flat at 1,280 mark, stay neutral

Jan 16, 2019 01:48 am UTC| Technicals

EUR/KRW is currently trading around 1,280 mark. It made intraday high at 1,281 and low at 1,280 levels. Intraday bias remains neutral for the moment. A sustained close above 1,289 will take the parity higher...

FxWirePro: Japanese yen remains almost unchanged after core machinery orders, PPI data

Jan 16, 2019 01:24 am UTC| Technicals

USD/JPY is currently trading around 108.47 marks. It made intraday high at 108.70 and low at 108.41 levels. Intraday bias remains neutral for the moment. A daily close above 108.73 will take the parity...

FxWirePro: EUR/AUD finds strong support at 200-DMA, good to stay short on break below

Jan 15, 2019 12:26 pm UTC| Technicals

EUR/AUD chart on Trading View used for analysis EUR/AUD trades 0.40% lower on the day at 1.5870 at 1145 GMT. The pair trades with a bearish momentum, Stochs and RSI sharply lower. MACD shows a bearish...

FxWirePro: USDCHF Trade Idea

Jan 15, 2019 10:40 am UTC| Technicals

Major Intraday resistance -0.9850-55 USDCHF has shown good recovery of more than 100 pips from low of 0.97162 made on Jan 10th2019. The pair was trading weak from Dec 26thtill Jan 10thon account of global stock...

FxWirePro: EUR/NZD hovers around 50-DMA, break below to target 61.8% Fib at 1.6662

Jan 15, 2019 10:39 am UTC| Technicals

EUR/NZD chart on Trading View used for analysis EUR/NZD hovers around 50-DMA at 1.6752, intraday bias bearish. The pair is trading 0.35% lower on the day, momentum with the bears. RSI below 50, bias lower....

FxWirePro: Loonie Daily Outlook

Jan 15, 2019 10:36 am UTC| Technicals

Major Resistance - 1.3300 Loonie halted its weakness and was trading higher for past three trading sessions. The main reason for huge decline in US dollar was broad based US dollar selling and dovish Fed comment....

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Economy

Asian Technology and Chipmaking Stocks Slide as AI Spending Concerns Shake Markets

Asian technology and chipmaking stocks fell sharply on Monday as investor caution intensified over growing uncertainties surrounding artificial intelligence (AI) spending and its impact on future earnings. The sell-off...

China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand

Chinas economic momentum showed further signs of strain in November as key indicators pointed to slower growth in industrial output and a sharper-than-expected slowdown in consumer spending, according to official data...

Oil Prices Rebound as U.S.-Venezuela Tensions Offset Oversupply Concerns

Oil prices edged higher on Monday, recovering part of last weeks sharp decline, as rising geopolitical tensions between the United States and Venezuela fueled concerns over potential supply disruptions. These worries...

Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks

The U.S. dollar remained under pressure on Monday, extending losses near a two-month low, while the euro and British pound held relatively steady as investors awaited a series of critical central bank decisions this week....

Asian Stocks Slide as Central Bank Decisions and Key Data Keep Investors Cautious

Asian stock markets opened the week lower as investors reduced risk exposure amid thin year-end liquidity, looming central bank decisions, and a packed schedule of delayed economic data releases. Early Monday trading saw...

Politics

Special Prosecutor Alleges Yoon Suk Yeol Sought North Korea Provocation to Justify Martial Law

A South Korean special prosecutor has accused former President Yoon Suk Yeol of attempting to provoke North Korea into an armed confrontation as part of an alleged plot to justify the declaration of martial law in December...

Supporters Gather Ahead of Verdict in Jimmy Lai’s Landmark Hong Kong National Security Trial

Supporters of Hong Kong democracy activist and media tycoon Jimmy Lai queued overnight outside the citys High Court on Monday as anticipation grew ahead of the verdict in his landmark national security trial, a case that...

Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership

Korea Zincs board is set to convene on Monday to vote on a major overseas investment plan that could significantly strengthen the supply chain for critical minerals in the United States. According to a source familiar with...

Hong Kong Democratic Party Disbands After Member Vote Amid Security Crackdown

Hong Kongs last major opposition party, the Democratic Party, has voted to disband, marking a significant moment in the citys political history and underscoring the impact of Chinas national security crackdown on liberal...

Ukraine’s NATO Concession Unlikely to Shift Peace Talks, Experts Say

Ukraines recent offer to abandon its long-standing ambition to join NATO is unlikely to have a major impact on ongoing peace talks with Russia, according to several foreign policy and security experts. During discussions...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures

iRobot, the company behind the popular Roomba robotic vacuum cleaner, has filed for Chapter 11 bankruptcy protection in the United States as it prepares to go private through an acquisition by Picea Robotics, its primary...

Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges

Nvidia is evaluating whether to expand production capacity for its powerful H200 artificial intelligence chips after demand from Chinese customers significantly exceeded current supply, according to multiple sources...

SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles

SpaceX has reportedly begun the early stages of preparing for a potential initial public offering (IPO), marking a significant milestone for the private aerospace company founded by Elon Musk. According to a report from...

SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation

SpaceX, the aerospace company founded by Elon Musk, has reportedly authorized an insider share sale that places its valuation at approximately $800 billion, according to a Bloomberg News report published Friday. The move...

Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand

Mizuho Securities has raised its price target on Broadcom Inc. (NASDAQ: AVGO), highlighting accelerating momentum in the companys artificial intelligence business and a rapidly expanding long-term backlog. The brokerage...