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Thu, Apr 09, 2026 06:06 AM All times are UTC

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FxWirePro:GBP/USD trades higher after better than expected UK inflation, good to buy on dips

Sep 19, 2018 10:35 am UTC| Technicals

GBPUSD hits 8- week high at 1.3215 at the time of writing after better than expected UK inflation. UK inflation hits six month high and it rose unexpectedly in Aug at 2.7% compared to forecast of 2.4%. Core inflation rose...

FxWirePro: XAG/USD back above $14.20 mark, further sideways movement likely

Sep 19, 2018 08:48 am UTC| Technicals

XAG/USD is currently trading around $14.19 marks. It made intraday high at $14.21 and low at $14.10 levels. Intraday bias remains neutral till the time pair holds key resistance at $14.23 mark. A daily close...

FxWirePro: South African rand trades margianally higher ahead of CPI, core CPI data

Sep 19, 2018 07:25 am UTC| Technicals

USD/ZAR is currently trading around 14.76 levels. It made intraday high at 14.90 and low at 14.75 levels. Intraday bias remains neutral till the time pair holds immediate support at 14.59 mark. A daily...

FxWirePro: US Dollar Index forms head and shoulder pattern, break below 94.30 targets 93.60

Sep 19, 2018 07:18 am UTC| Technicals

Pattern formed Head and Shoulders Ichimoku (Daily Chart) Tenken-Sen- 94.93 Kijun-Sen -95.64 Trend reversal Level- 94.30 DXY is tding weak for two consecutive days. The pair lost more than 70...

FxWirePro: EUR/USD forms inverse head and shoulder pattern, any break above 1.17200 confirms further bullishness

Sep 19, 2018 06:40 am UTC| Technicals

Pattern formed Inverse Head and shoulder pattern Major resistance - 1.17200 EURUSD consolidates in narrow range between 1.16179 and 1.17098 for past three trading days. US and China trade tensions are...

FxWirePro: USD/CNY consolidates around 6.85 marks, PBOC sets yuan mid-point at 6.8569

Sep 19, 2018 06:37 am UTC| Technicals

USD/CNY is currently trading around 6.8540 marks. It made intraday high at 6.8658 and low at 6.8465 levels. Intraday bias remains neutral for the moment. A sustained close above 6.8705 marks will test key...

FxWirePro: Indian rupee trades marginally higher against U.S. dollar, sustained close above 72.68 requires for upside rally

Sep 19, 2018 05:34 am UTC| Technicals

USD/INR is currently trading around 72.50 marks. It made intraday high at 72.81 and low at 72.46 marks. Intraday bias remains slightly bearish for the moment. Key resistances are seen at 72.68, 72.85, 73.02,...

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Economy

Bank of Japan Governor Signals Accommodative Stance Amid Negative Real Rates

Bank of Japan Governor Kazuo Ueda reaffirmed on Thursday that Japans real interest rates remain firmly in negative territory, signaling that the countrys financial conditions continue to support economic growth. His...

Japan Consumer Confidence Drops Sharply Amid Rising Fuel Costs and Middle East Tensions

Japans consumer confidence took a significant hit in March, declining for the first time in three months as escalating fuel costs linked to the ongoing Middle East conflict continued to weigh heavily on the countrys...

China Set to Exit Deflation Cycle in Early 2026, ANZ Analysts Say

China may be closer to ending its prolonged deflationary period than financial markets currently anticipate, according to a recent note from ANZ analysts. The bank projects that three key price indicators the producer...

Asian Currencies Hold Steady as Middle East Ceasefire Doubts Weigh on Markets

Asian currencies showed little movement on Thursday following strong gains in the prior session, as investor caution mounted over the stability of a U.S.-Iran ceasefire deal amid escalating Middle East tensions. The U.S....

Foreign Investors Pour $18.65 Billion into Japanese Stocks Amid Market Stabilization

Foreign investors made a dramatic return to Japanese equity markets in the week ending April 4, injecting a net 2.96 trillion yen ($18.65 billion) into Japanese stocks. This marked a sharp reversal after three consecutive...

Politics

Trump Warns Iran: No Deal Means Military Action as U.S. Forces Hold Position

President Donald Trump escalated tensions with Iran on Wednesday, declaring that all U.S. military assets including ships, aircraft, and personnel would remain stationed in the region until a formal agreement with Tehran...

U.S. Pushes for Crypto Regulation to Keep Digital Asset Growth at Home

Treasury Secretary Scott Bessent is calling on Congress to pass landmark federal cryptocurrency legislation, warning that regulatory uncertainty is pushing blockchain innovation and investment out of the United States. In...

North Korea Tests Advanced Cluster Bombs, Electromagnetic Weapons in Latest Military Display

North Korea has conducted a series of weapons tests this week, showcasing cutting-edge military technology including cluster-bomb warheads, electromagnetic weapons, and carbon-fibre bombs, according to state media outlet...

Trump Pardon Clears Juan Orlando Hernández as U.S. Court Dismisses Drug Conviction Appeal

A U.S. federal appeals court has dismissed the case against former Honduran President Juan Orlando Hernández, vacating his prior conviction following a presidential pardon granted by Donald Trump in December. The...

Taiwan Defense Budget: U.S. Senator Urges Legislature to Pass Spending Plan

Republican Senator Jim Banks visited Taipei and delivered a direct message to Taiwans President Lai Ching-te: the islands parliament must stop stalling and approve a proposed special defense budget. Banks, a member of the...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

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

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...

Technology

Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth

Bank of America has spotlighted a select group of Asia-Pacific semiconductor companies well-positioned to ride the wave of surging artificial intelligence chip demand, with Taiwan Semiconductor Manufacturing Company...

China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs

Chinese artificial intelligence stocks continued their remarkable rally on Thursday, with Zhipu AI and MiniMax Group posting strong gains in Hong Kong trading as a wave of new model launches and product announcements...

Bendigo and Adelaide Bank Posts Strong Q3 Earnings, Announces AI-Driven Job Cuts

Bendigo and Adelaide Bank delivered an impressive financial performance in its third quarter, reporting a 12.8% surge in cash earnings to A$137.9 million for the three months ending March 31. The result came in roughly 12%...

Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses

Alibabas Hong Kong-listed shares (HK:9988) dropped 2.9% to HK$122.70 on Thursday, emerging as one of the heaviest drags on the Hang Seng Index, which closed 0.6% lower. The selloff came after investment bank Jefferies...

Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles

A federal appeals court in Washington, D.C., has refused to halt the Pentagons national security blacklisting of AI company Anthropic, delivering a temporary win for the Trump administration. The ruling comes as another...