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FxWirePro: XRP/USD Daily Outlook

Feb 08, 2018 11:33 am UTC| Technicals

Major support 0.4900 (233- day MA). Ripple is consolidating after hitting low of 0.56270 level. The pair jumped till 0.8250 yesterday and is currently trading around 0.75570. Last hopes for bulls to come back...

FxWirePro: USD/CAD Trade Idea

Feb 08, 2018 11:30 am UTC| Technicals

USD/CAD continuing its bullishness for fifth consecutive days. The pair jumped almost 360 pips form the low of 1.22472. The jump in prices was mainly due to rise in US 10 year bond yields and declining crude oil prices....

FxWirePro: EUR/USD trades well below 20- day MA, good to sell on rallies

Feb 08, 2018 10:59 am UTC| Technicals

EURUSD declined sharply after breaking major support at 1.2315 (20 day MA). The pair hits fresh 2- week low on increasing US dollar demand. The pair dipped almost 175 pips form yesterday high. It is currently trading...

FxWirePro: BTC/EUR breaks above 200-DMA at 6683, good to go long on dips

Feb 08, 2018 10:44 am UTC| Technicals Digital Currency

BTC/EUR retraces back above 200-DMA at 6683 levels, bias higher. The pair is trading 12.50% higher on the day at around 6933 levels at the time of writing. Price has broken above strong trendline resistance at...

FxWirePro: USD/CAD trades higher on weak crude oil price, good to buy on dips

Feb 08, 2018 09:51 am UTC| Technicals

FxWirePro: DASH/USD holds above 200-DMA, close above could see further upside

Feb 08, 2018 09:42 am UTC| Technicals Digital Currency

DASH/USD extends bounce from 3-month lows at 376 levels, edges above 200-DMA. Intraday charts show some upside, price action has edges above major EMAs on hourly charts. Technical studies are bullish on 1H...

FxWirePro: USD/ZAR jumps above 12.00 mark, bias remains neutral

Feb 08, 2018 08:27 am UTC| Technicals

USD/ZAR is currently trading around 11.06 levels. It made intraday high at 12.07 and low at 12.01 levels. Intraday bias remains neutral till the time pair holds key resistance at 12.11 mark. A daily close...

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Economy

Japan Exports Surge for Seventh Month as AI Demand Offsets Middle East Trade Disruptions

Japans exports extended their growth streak for a seventh consecutive month in March, driven largely by strong global demand linked to artificial intelligence (AI) and data center expansion. According to government data,...

Oil Prices Slip Amid Iran Ceasefire Extension, Hormuz Disruptions Keep Markets Tense

Oil prices edged lower during volatile Asian trading on Wednesday as U.S. President Donald Trump announced an indefinite extension of the ceasefire with Iran. While the move raised hopes for continued peace talks, ongoing...

U.S. Stock Futures Rise as Trump Extends Iran Ceasefire, Easing Market Tensions

U.S. stock index futures moved higher evening after President Donald Trump announced an indefinite extension of a ceasefire with Iran, calming investor fears about escalating geopolitical tensions in the Middle East. The...

Canada-USMCA Review 2026: No Collapse Expected Despite July 1 Deadline

Canadas top trade negotiator to the United States, Janice Charette, has signaled that the upcoming July 1 deadline for reviewing the USMCA trade agreement should not be viewed as a breaking point for North American trade...

Paraguay Holds Interest Rate at 5.5% as Inflation Remains Stable Amid Global Uncertainty

Paraguays central bank has decided to keep its benchmark interest rate unchanged at 5.5% for the second straight month, signaling confidence in the countrys stable inflation outlook despite ongoing global economic...

Politics

Virginia Redistricting Vote Boosts Democrats Ahead of Midterm Elections

Virginia voters approved a new Democratic-backed congressional map on Tuesday, a decision that could significantly reshape the balance of power in the U.S. House of Representatives ahead of the upcoming midterm elections....

Trump Administration Files Fraud Charges Against Southern Poverty Law Center Over Informant Payments

The Trump administration has filed criminal charges against the Southern Poverty Law Center (SPLC), a prominent civil rights organization known for tracking extremist groups, accusing it of defrauding donors through its...

Global Military Talks in London Aim to Reopen Strait of Hormuz and Protect Shipping

Military planners representing more than 30 countries are gathering in London for two days of high-level discussions focused on reopening the Strait of Hormuz and strengthening maritime security in one of the worlds most...

Sharif Welcomes Trump’s Ceasefire Extension in U.S.-Israel-Iran Conflict

Pakistans Prime Minister Shehbaz Sharif has expressed appreciation to former U.S. President Donald Trump for agreeing to extend the ceasefire in the ongoing U.S.-Israeli conflict involving Iran. The decision aims to...

Argentina’s Milei Pushes Electoral Reform to End Mandatory Primaries

Argentine President Javier Milei announced plans to introduce a sweeping electoral reform bill to Congress, aiming to reshape the countrys political landscape and voting system. The proposal, set to be submitted on...

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

LG Innotek Stock Hits Record High on $68M Automotive Wi-Fi 7 Deal

LG Innotek shares surged to an all-time high on Wednesday, fueled by strong investor confidence following the companys latest automotive supply agreement with a European partner. The Seoul-listed stock (KS:011070) climbed...

Samsung Boosts DRAM Supply to Tesla as AI-Driven Memory Demand Surges

Samsung Electronics Co Ltd (KS:005930) has significantly increased its monthly DRAM shipments to Tesla Inc (NASDAQ:TSLA), reflecting the growing demand for advanced memory solutions in electric vehicles and artificial...

SpaceX Eyes $60B Cursor Deal to Boost AI Power Ahead of IPO

Elon Musks SpaceX has announced plans to collaborate with AI coding startup Cursor, with the option to acquire the company later this year in a deal valued at $60 billion. The aerospace giant also revealed an alternative...

Florida Investigates OpenAI and ChatGPT Over Alleged Role in FSU Shooting

Florida Attorney General James Uthmeier announced that the state has launched a criminal investigation into OpenAI and its AI chatbot, ChatGPT, following a deadly shooting at Florida State University last year. The...

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...