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Tue, Apr 21, 2026 08:12 AM All times are UTC

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FxWirePro: US Oil trades weak on high inventory buildup, good to sell on rallies

Mar 29, 2018 13:00 pm UTC| Technicals

US oil has declined almost more than 4% in the past three trading session. WTI crude oil prices declined almost more than 2% yesterday on account of weak crude oil inventory data. The commodity hits low of $63.70 and shown...

FxWirePro: USD/CAD bulls exhausted at confliction point at stiff resistance of 61.8% Fibos – Synthetic long options seem rosy trading and hedging choice

Mar 29, 2018 12:00 pm UTC| Technicals

Chart and candlestick patterns: Frequent occurrence of bearish patterns, such as spinning top, long-legged doji and shooting star candlesticks pop up at 1.2891, 1.2920 and 1.2916 levels. These bearish patterns occur at...

FxWirePro: EUR/GBP retraces dip below 5-DMA, eyes 20-DMA at 0.8823

Mar 29, 2018 11:59 am UTC| Technicals

The pound sterling extends weakness on the day as final revision of UK GDP fails to provide any additional boost. The final revision of UK GDP, showed Q4 2017 economic growth matched original estimates and stood at...

FxWirePro: USD/CAD trades higher, market eyes Canada GDP

Mar 29, 2018 11:37 am UTC| Technicals

USD/CAD has regained slightly yesterday almost more than 60 pips. The pair hits high of 1.29308 yesterday and shown a minor decline from that level. The good jump in loonie was due to slightly better than expected US final...

FxWirePro: NZD/CAD hovers around channel base at 0.9295, good to go short on break below

Mar 29, 2018 11:32 am UTC| Technicals

NZD/CAD slips lower for 3rd straight session, bias bearish. The pair hovers around channel base at 0.9295, decisive break below will accentuate weakness. Technical indicators on intraday charts are bearish....

FxWirePro: EUR/USD faces strong support at 1.2300, break below targets 1.22395

Mar 29, 2018 10:47 am UTC| Technicals

EUR/USD is trading weak for the third consecutive days and declined almost 175 pips from the top made on Mar 27th 2018. US dollar recovered sharply and market eyes US PECE index data which is to be released today for...

FxWirePro: AUD/CAD holds 200-DMA support, weakness only on break below

Mar 29, 2018 10:38 am UTC| Technicals

AUD/CAD is trading at 0.99 levels, largely unchanged on the day after hitting days high at 0.9918 and low at 0.9881. The pair has held strong support at 200-DMA at 0.9871 and we see weakness only on break...

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Economy

Rising Jet Fuel Costs from Iran Conflict Push Airfare Higher Across Europe

Disruptions to global oil supplies linked to the Iran conflict are driving a sharp increase in jet fuel prices, adding significant costs to air travel across Europe. According to analysis from campaign group Transport ...

UK Wage Growth Slows to 3.6% as Inflation Pressures Complicate Bank of England Outlook

British wage growth showed signs of cooling, though not as sharply as analysts had anticipated, according to the latest data from the Office for National Statistics (ONS). Regular pay, which excludes bonuses, rose by 3.6%...

US-Iran Peace Talks Fuel Market Optimism Amid Ongoing Tensions

The United States has expressed renewed confidence that peace talks with Iran could resume soon in Pakistan, raising hopes of easing geopolitical tensions that have disrupted global energy markets. A senior Iranian...

Asian Currencies Stay Range-Bound as Dollar Holds Steady Ahead of Fed Nominee Hearing

Asian currencies traded within a narrow range on Tuesday as geopolitical uncertainty surrounding potential U.S.-Iran peace talks kept investors cautious. With a temporary ceasefire set to expire later this week, traders...

Gold Prices Slip Amid Iran Tensions and Fed Chair Uncertainty

Gold prices edged lower during Asian trading on Tuesday as investors weighed geopolitical risks and monetary policy uncertainty. The precious metal remains range-bound, with traders closely monitoring developments...

Politics

Pakistan Halts $1.5 Billion Sudan Arms Deal After Saudi Arabia Withdraws Support

Pakistan has reportedly paused a $1.5 billion defense deal to supply weapons and fighter jets to Sudan after Saudi Arabia withdrew financial backing and urged Islamabad to abandon the agreement. According to Pakistani...

UN Secretary-General Race 2027: Key Candidates Competing to Replace Antonio Guterres

The race to select the next United Nations Secretary-General is gaining momentum as global leaders position themselves for the top diplomatic role. The 10th UN chief will assume office on January 1, 2027, for a five-year...

Philippines Says U.S. Access to EDCA Bases Limited by Land Issues and Delays

Philippine Defense Secretary Gilberto Teodoro has revealed that the use of military bases accessible to the United States under the Enhanced Defense Cooperation Agreement (EDCA) remains limited, citing unresolved land...

Trump Maintains Iran Naval Blockade as Ceasefire Deadline Nears

U.S. President Donald Trump announced that the naval blockade against Iran will remain in force until a formal agreement is reached with Tehran, adding uncertainty ahead of a looming ceasefire deadline later this week. In...

Gaza Violence Continues Despite Ceasefire as Israeli Strikes and Clashes Escalate

Israeli airstrikes in the Gaza Strip killed at least five Palestinians on Monday, according to Palestinian health officials, highlighting ongoing violence despite a fragile ceasefire agreement. The incidents occurred in...

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

SpaceX President Gwynne Shotwell Earns $85.8M as IPO Buzz Grows

SpaceX President and Chief Operating Officer Gwynne Shotwell earned $85.8 million in total compensation last year, according to details from the companys S-1 filing, positioning her among the highest-paid executives in the...

John Ternus Signals Apple’s Future with Product-First AI Strategy

Apples incoming CEO John Ternus is already shaping expectations for the companys future, and his stance on artificial intelligence reveals a clear direction. Unlike competitors such as Microsoft and Google, which are...

Jeff Bezos Eyes $10 Billion Funding Round for AI Venture Project Prometheus

Jeff Bezos is reportedly closing in on a massive fundraising deal for his artificial intelligence startup, signaling a major move in the rapidly expanding AI industry. According to a Financial Times report citing sources...

Apple Stock Dips as Tim Cook Steps Down, John Ternus Named Next CEO

Apple (NASDAQ: AAPL) shares slipped more than 1% in after-hours trading Monday following a surprising leadership transition announcement. The tech giant revealed that longtime CEO Tim Cook will move into the role of...

Amazon Expands AI Bet with Up to $25 Billion Investment in Anthropic

Amazon is significantly deepening its artificial intelligence strategy by announcing a new investment of $5 billion in AI firm Anthropic, with the potential to reach up to $25 billion based on performance milestones. This...