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Fri, Dec 19, 2025 01:04 AM All times are UTC

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FxWirePro :EUR/USD trades lower on rising Italian bond yield, markets eye Italian Budget meeting

Oct 03, 2018 11:39 am UTC| Technicals

EUR/USD was trading lower after a recovery of more than 90 pips. The slight jump in Euro after Italy projected lower budget deficit of 2% in 2021. But pair once again declined after Italys Di Maio confirmed that Italy...

FxWirePro: USD/JPY consolidates gains around 88.6% Fib, Focus on US ADP and ISM services PMI for further impetus

Oct 03, 2018 11:26 am UTC| Technicals

USD/JPY chart on Trading View used for analysis Receding Italian debt fears after reports that Italy will cut its budget deficit at a faster pace than expected denting demand for the yen, pushing the pair...

FxWirePro: NZD/USD hits 3-week lows at 0.6630, kiwi extends weakness after disappointing GDT price index

Oct 03, 2018 10:18 am UTC| Technicals

NZD/USD chart on Trading View used for analysis Kiwi tracks sharp losses in its Australian counterpart, slips lower across the board. NZD/USD extends weakness below 0.66 handle, hits 3-week lows at...

FxWirePro: GBP/CAD holds strong trendline support at 1.66, break below eyes 78.6% Fib at 1.6389

Oct 03, 2018 09:23 am UTC| Technicals

GBP/CAD chart on Trading View used for analysis GBP/CAD has held support at strong trendline at 1.66 and edged higher. The British Pound holds onto modest gains post UK services PMI data. UK services PMI for...

FxWirePro: EUR/JPY holds 200-DMA support, euro bid on Italy news, Italy-Germany yield differential in focus for further direction

Oct 03, 2018 07:45 am UTC| Technicals

EUR/JPY chart on Trading View used for analysis EUR/JPY erased losses and the pair retraced brief dip below 200-DMA. Euro was buoyed on news that Italy is planning to cut its budget deficit to 2 percent in...

FxWirePro: GBP/JPY downside capped by 20- day MA, good to sell on rallies

Oct 03, 2018 06:45 am UTC| Technicals

Ichimoku Analysis (Hourly chart) Tenken-Sen - 147.64 Kijun-Sen - 147.88 GBP/JPY has shown a minor recovery after a good 250 pips sell off. The slight jump was due to good recovery in GBP especially...

FxWirePro: NZD/CAD hits new 3-year lows at 0.8425, break below 88.6% Fib to see further weakness

Oct 03, 2018 06:35 am UTC| Technicals

NZD/CAD chart on Trading View used for analysis Kiwi tracks sharp losses in its Australian counterpart, extends weakness across the board. Investors await Bi-weekly New Zealand GDT auction. Declines in the GDT...

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Economy

Canada Signals Delay in US Tariff Deal as Talks Shift to USMCA Review

Canadian Prime Minister Mark Carney has indicated that Canada is unlikely to secure a near-term agreement with the United States to ease tariffs on key sectors such as steel and aluminum. Instead, negotiations are now...

Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks

Oil prices extended their gains during Asian trading on Thursday as geopolitical tensions involving Venezuela and Russia heightened concerns over global crude supply. Market sentiment was boosted after U.S. President...

Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets

Asian shares fell sharply on Thursday as technology stocks came under renewed pressure, driven by growing investor concerns over heavy artificial intelligence spending and its impact on corporate balance sheets. Market...

Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React

The U.S. dollar remained steady against major global currencies on Thursday as investors positioned themselves ahead of key central bank decisions in the United Kingdom, Europe and Japan. Currency markets showed cautious...

BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited

The Bank of England is widely expected to cut interest rates on Thursday as signs mount that UK inflation is easing and economic growth is weakening. Financial markets anticipate a 25-basis-point reduction, bringing the...

Politics

Trump Expands U.S. Travel Ban to Antigua and Barbuda, Dominica, Sparking Economic Fears in the Caribbean

Washingtons decision to expand U.S. travel restrictions to include Antigua and Barbuda and Dominica is raising serious concerns across the Caribbean, where access to the United States plays a vital role in tourism,...

Barham Salih Elected as Next UN High Commissioner for Refugees

The United Nations General Assembly has elected Barham Salih, former president of Iraq and a longtime advocate for democracy and human rights, as the next United Nations High Commissioner for Refugees. The decision was...

Trump Signals Progress in Ukraine Peace Talks Ahead of U.S.–Russia Meeting

U.S. President Donald Trump said on Thursday that negotiations aimed at ending the conflict in Ukraine may be nearing a breakthrough, raising expectations ahead of planned talks between U.S. and Russian officials scheduled...

Argentina Unions Rally Against Milei’s Labor Reform as Congress Debates Key Bill

Argentinas main labor federation led a massive nationwide protest on Thursday against a controversial labor reform bill proposed by President Javier Milei, intensifying tensions as lawmakers begin debating the legislation...

Kennedy Center Reportedly Renamed Trump-Kennedy Center After Board Vote

The John F. Kennedy Center for the Performing Arts, one of Washington, D.C.s most iconic cultural institutions, is set to be renamed the Trump-Kennedy Center following what was described as a unanimous vote by its board of...

Science

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...

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...

Technology

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...

Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand

Micron Technology delivered record first-quarter results and issued a bullish forecast for the current quarter, driven by rising memory prices and strong demand linked to artificial intelligence workloads. The upbeat...

Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track

Oracle shares fell more than 4% on Wednesday after a Financial Times report claimed that Blue Owl Capital, Oracles largest U.S. data center partner, decided not to support a planned $10 billion data center project in...

OpenAI Explores Massive Funding Round at $750 Billion Valuation

OpenAI, the company behind the widely used AI chatbot ChatGPT, has reportedly entered preliminary discussions with investors about a potential new funding round that could value the company at approximately $750 billion....

Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools

Republican lawmakers are raising alarms over potential U.S. national security risks after a Reuters report revealed that Intel evaluated advanced chipmaking equipment from ACM Research, a company with significant ties to...