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Mon, Apr 13, 2026 05:49 AM All times are UTC

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FxWirePro: USD/CAD struggles to close above 1.2900, good to buy on dips

May 16, 2018 11:26 am UTC| Technicals

USD/CAD has shown nice recovery of almost 190 pips from low of 1.27289 made on Friday. A slight weaker than expected Canadian jobs data and rising US 10 year bond yield has dragged the Canadian dollar down from three week...

FxWirePro: EUR/JPY extends weakness below 5-DMA, eurozone CPI fails to impress

May 16, 2018 11:01 am UTC| Technicals

EUR/JPY slumps, down 0.66% at the time of writing as eurozone CPI fails to impress. The pair has slipped below 130 handle and was currently trading at 129.75, bias lower. Upside was rejected at 50-DMA on May 14th...

FxWirePro: EUR/USD breaks below 1.1800 level on rising US 10 year yield, good to sell on rallies

May 16, 2018 10:53 am UTC| Technicals

EURUSD continuing its weakness for 3rd consecutive day and broken major support 1.1800. the pair hits fresh 2018 low at 1.17950 at the time of writing. The pair weakness was mainly due to rising US 10 year bond yield. The...

FxWirePro: GBP/JPY lingering bulls on channel support and dragonfly doji formation but trend indicators dubious – Trade one-touch calls and short hedge

May 16, 2018 09:56 am UTC| Technicals

Chart and candlestick patterns occurred: Dragonfly doji has occurred at 147.821 levels to bottom out when price dips were countered by bulls last week. Ever since the occurrence of this bullish pattern, the rallies take...

FxWirePro: USD/JPY struggles to hold break above 200-DMA, 'Bearish Cypher' pattern keeps scope for downside

May 16, 2018 09:53 am UTC| Technicals

USD/JPY edges lower from 3 1/2 month highs at 110.45, trades 0.15% lower on the day at 110.18 levels. Markets largely ignored weaker Japanese Q1 GDP data, USD subdued on modest retracement in the US bond...

FxWirePro: AUD/NZD struggles at 200-DMA (1.0881), stay long on break above

May 16, 2018 08:33 am UTC| Technicals

AUD/NZD consolidates break above Triangle Top, extends range trade for the second session. The pair remains capped at 1.09 handle, struggles to break above 200-DMA which is stiff resistance at 1.0881. Break above...

FxWirePro: Indian rupee erases previous loss against U.S. dollar, bias remains bearish

May 16, 2018 08:25 am UTC| Technicals

USD/INR is currently trading around 67.85 marks. It made intraday high at 68.09 and low at 67.80 marks. Intraday bias remains bearish till the time pair holds key resistance at 68.09 mark. Key resistances...

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Economy

Iran War Fallout: How Sri Lanka, Pakistan, and Egypt Are Struggling With Rising Energy Costs

Sri Lankas tourism industry was hoping 2025 would finally mark a full recovery from years of economic hardship. Instead, the outbreak of war involving Iran sent oil prices surging 40%, forcing the government to raise fuel...

Italy's Bond Market Under Pressure as Middle East Conflict Exposes Economic Fragility

Italys financial vulnerabilities have come into sharp focus amid ongoing conflict in the Middle East, with surging energy costs and mounting political uncertainty weighing heavily on Italian government bonds. In March,...

Asia FX Slides as Dollar Surges Amid U.S.-Iran Tensions and Inflation Fears

Asian currencies broadly declined on Monday as the U.S. dollar attracted safe-haven demand following the collapse of U.S.-Iran peace negotiations and mounting concerns over a potential American blockade of Iranian ports....

Oil Prices Surge as U.S. Imposes Blockade on Iranian Shipping Amid Ongoing Middle East Tensions

Global financial markets were rattled Monday after the United States announced a blockade on Iranian shipping following the breakdown of weekend peace negotiations. The decision has renewed fears over Middle East energy...

Bank of Korea Governor Nominee Warns of Action if Korean Won Weakens Further

South Koreas Bank of Korea governor nominee, Shin Hyun-song, signaled on Monday that policymakers stand ready to intervene should the Korean won experience excessive depreciation. In written statements submitted to...

Politics

U.S. Blockade of Iran Begins as Nuclear Talks Collapse in Islamabad

Tensions between the United States and Iran have sharply escalated after weekend diplomatic talks in Islamabad ended without an agreement, prompting Washington to announce a full naval blockade of Iranian ports and coastal...

U.S., Australia, and Philippines Conduct Joint South China Sea Military Drills Amid Rising Tensions With China

The United States, Australia, and the Philippines wrapped up their second trilateral maritime exercises of 2025 in the South China Sea, reinforcing their collective commitment to freedom of navigation and regional security...

South Korea and Poland Forge Comprehensive Strategic Partnership Centered on Defence

South Korean President Lee Jae-myung and Polish Prime Minister Donald Tusk formally elevated bilateral ties to a comprehensive strategic partnership on Monday, placing defence cooperation at the heart of the upgraded...

Taiwan Insists Government Must Lead Cross-Strait Engagement Amid China's New Incentives

Taiwans top security official has made clear that any response to Chinas latest proposed trade and tourism measures must be government-led, not driven by opposition party diplomacy. National Security Bureau chief Tsai...

Spain's Sanchez Urges China to Take Greater Global Leadership Role During Beijing Visit

Spanish Prime Minister Pedro Sanchez called on China to assume a more meaningful role in addressing pressing global challenges, including climate change, international security, defense, and the fight against inequality....

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

AI Deradicalization Tools: How Chatbots Could Help Combat Violent Extremism Online

As artificial intelligence platforms become more deeply embedded in daily life, concerns about their role in enabling dangerous behavior continue to grow. A New Zealand startup is now developing a groundbreaking tool that...

Meta Is Building an AI Version of Mark Zuckerberg to Interact With Employees

Meta Platforms is reportedly developing a photorealistic artificial intelligence version of its CEO, Mark Zuckerberg, designed to engage directly with employees on his behalf. According to the Financial Times, which cited...

TSMC Posts Record Q1 2026 Profits Driven by Surging AI Chip Demand

Taiwan Semiconductor Manufacturing Co. (TSMC) is on track to deliver its fourth straight quarter of record-breaking earnings, with analysts forecasting a 50% jump in net profit for the first quarter of 2026. The surge is...

OpenAI Addresses Security Vulnerability in macOS App Certification Process

OpenAI disclosed a security concern on Friday involving a third-party developer tool known as Axios, which is connected to the process used to verify the authenticity of its macOS applications. The company confirmed it has...

San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home

San Francisco police arrested a 20-year-old suspect Friday following a pre-dawn attack on OpenAI CEO Sam Altmans residence in the citys North Beach neighborhood. According to the San Francisco Police Department, an...