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FxWirePro: USD/CAD declines slightly from fresh 2018 high, market eyes Canada’s GDP

Mar 02, 2018 10:42 am UTC| Technicals

USD/CAD continuing its bullishness and hits fresh 2018 high at 1.28955 yesterday. The pair shown a minor decline from the high. The Canadian dollar down almost 4.2% worst performer for this month. The pair continuing its...

FxWirePro: BTC/EUR breaks above 110-EMA, good to go long on close above 8925 (channel top)

Mar 02, 2018 10:35 am UTC| Technicals Digital Currency

BTC/EUR has closed above 110-EMA on Thursdays trade, raises scope for further upside. The pair is extending trade in a downward sloping channel and is currently hovering around channel top. Technical indicators...

FxWirePro: EUR/USD recovers sharply after Trump’s import tariff, good to buy on dips

Mar 02, 2018 10:21 am UTC| Technicals

EUR/USD recovered from 7- week low amid Trumps announcement of import tariff. US Donald Trump announce steel products will be charged 25% while for aluminum 10%. The pair hits intraday high of 1.22878 and is currently...

FxWirePro: USD/CHF faces strong resistance around 0.9500, good to sell on rallies

Mar 02, 2018 09:54 am UTC| Technicals

USD/CHF has shown a major decline after hitting high of 0.94900 and is trading below 200- H MA. The pair formed almost triple bottom at 0.9320 and any bearish continuation can be seen below that level. level. The pair hits...

FxWirePro: AUD/JPY’s bearish engulfing, gravestone doji and shooting stars take major trend back below 21-EMAs and 38.2% Fibos – Trade tunnel spreads

Mar 02, 2018 09:47 am UTC| Technicals

Bears form triple top with top 1 at 89.425, top 2 at 90.305, top 3 at 89.089, and neckline at 84.397 (refer weekly plotting). For now, more slumps seem to be on cards upon breach below the neckline, bearish WMA MACD...

FxWirePro: AUD/NZD eyes channel base at 1.0630, violation there could see further weakness

Mar 02, 2018 08:38 am UTC| Technicals

AUDNZD is extending downside after failure to hold break above 20-DMA, bias lower. The pair is extending downside for 3rd consecutive session, is currently trading at 1.0676 levels, down 0.17% on the...

FxWirePro: GBP/JPY trades well below 233- day MA, good to sell on rallies

Mar 02, 2018 08:19 am UTC| Technicals

GBP/JPY has been continuously weak for third consecutive day. The pair declined almost 540 pips from the temporary top of 150.93. The pair decline was mainly due to strength in Japanese yen. The pair hits low of 145.46 and...

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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

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 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...
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