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FxWirePro: USD/CHF trades higher, good to buy on dips

Oct 06, 2017 07:20 am UTC| Technicals

USD/CHF has shown a major recovery from the low of 0.97096 made on Oct 4th 2017 on upbeat US economic data. . US jobless claim data released yesterday shows that claims fell more than expected to 260k compared to 272k...

FxWirePro: NZD/JPY holds 200-DMA support at 80.07, further weakness on break below

Oct 06, 2017 07:01 am UTC| Technicals

NZD/JPY consolidates previous sessions slump, trades narrow range on the day. The pair has paused downside at 200-DMA at 80.06 which is strong support. We see weakness accentuate on break below 200-DMA. Scope...

FxWirePro: EUR/USD Short term Outlook

Oct 06, 2017 06:59 am UTC| Technicals

EUR/USD continuing its losing streak and broken the support of 1.16965 made on Oct 3rd 2017 on account of strong US economic data and dovish ECB meeting minutes. It has declined till 1.16860 and is currently trading around...

FxWirePro: EUR/USD shooting stars hamper previous bullish momentum but consolidation phase remain intact – Bid one touch binary put on bearish DMA crossover

Oct 06, 2017 06:46 am UTC| Technicals

The shooting star pattern candles have occurred quite often to disrupt uptrend, as and when this bearish pattern occurred at 1.1972, 1.2034, and 1.1947 levels on daily terms, 1.3768 and 1.1811 levels on monthly terms, you...

FxWirePro: NZD/USD slips below 0.71 handle, hits 4-month lows at 0.7091, bias lower

Oct 06, 2017 06:17 am UTC| Technicals

NZD/USD extends break below 200-DMA, hits 4-month lows at 0.7091. Broad-based USD strength on hawkish Fed chat and positive US data keeps the pair dented. Technical studies still bearish, next bear target lies at...

FxWirePro: Gold trades weak, market eyes US Non-farm payroll

Oct 06, 2017 05:23 am UTC| Technicals

Gold has declined slightly yesterday from the high of $1278 on stronger dollar and rising global equities. The yellow metal shown selling after slightly better than expected US jobless claims data. It is currently trading...

FxWirePro: Nikkei daily outlook

Oct 06, 2017 03:25 am UTC| Technicals

Nikkei is consolidating in narrow range between 20588 and 20695 for the past three days ahead of US Non-farm payroll data which is to be released today. Global equity indices is trading high with all three US Index hits...

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Economy

U.S.-Iran Tensions Escalate as Strait of Hormuz Crisis Disrupts Global Oil Markets

Geopolitical tensions between the United States and Iran continue to intensify, significantly impacting global energy markets and international diplomacy. U.S. naval forces recently intercepted a sanctioned vessel, the M/V...

Canadian Dollar Outlook: Resilient Performance Driven by Oil Prices and Market Dynamics

The Canadian dollar (CAD) has demonstrated notable resilience among G10 currencies in recent weeks, even as domestic economic data shows signs of softness. According to Goldman Sachs, this strength comes despite...

U.S.-Iran Conflict Stalls as Diplomatic Efforts Collapse and Global Oil Tensions Rise

Hopes for a diplomatic breakthrough in the ongoing U.S.-Israel conflict with Iran have faded as negotiations remain stalled, prolonging uncertainty in global markets and geopolitics. Efforts to end the two-month conflict...

U.S. Sanctions Target Chinese Refinery Over Iranian Oil Purchases

The U.S. Treasury Department has imposed new sanctions on Hengli Petrochemical (Dalian) Refinery Co., a major Chinese independent refinery, over its large-scale purchases of Iranian crude oil and petroleum products. The...

US Dollar Weakens as Iran Talks Boost Risk Appetite in Forex Market

The U.S. dollar edged lower on Friday as global investors shifted toward riskier assets, encouraged by renewed diplomatic signals between the United States and Iran. This movement in the forex market reflects growing...

Politics

Starmer Faces Political Pressure as Mandelson Appointment Controversy Impacts UK Markets

UK Prime Minister Keir Starmer has taken a firm stance amid growing backlash over his controversial decision to appoint Peter Mandelson as U.S. ambassador. Despite increasing political pressure and calls for resignation,...

White House Correspondents’ Dinner Shooting Raises New Security Concerns for U.S. Leaders

A shooting incident during the White House Correspondents Association dinner on Saturday night has reignited concerns about the safety and security of Americas top political figures amid rising political violence. The...

Taiwan Minister Visits Eswatini Amid Airspace Dispute and China Pressure Claims

Taiwans Foreign Minister Lin Chia-lung has arrived in Eswatini, reaffirming Taipeis determination to expand its global presence despite alleged interference from China. His visit comes shortly after Taiwan accused Beijing...

Russian Drone and Missile Strikes Devastate Dnipro, Killing 10 and Injuring Dozens

Russian forces launched a series of intense drone and missile attacks on the southeastern Ukrainian city of Dnipro, killing at least 10 people and injuring dozens in one of the most prolonged assaults in recent months. The...

Ukraine Marks 40 Years Since Chornobyl Disaster Amid Ongoing War Risks

Ukraine is commemorating the 40th anniversary of the Chornobyl nuclear disaster under the shadow of continued conflict with Russia, raising fresh concerns about nuclear safety in the region. The 1986 explosion at reactor...

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

Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations

A U.S. federal judge has dismissed key fraud claims brought by Elon Musk in his high-profile lawsuit against OpenAI and its co-founder Sam Altman, marking a significant development in the ongoing legal battle. The ruling,...

$16B Michigan Data Center Project Boosts U.S. AI Infrastructure Expansion

Related Digital, a major data center developer, announced on Friday that it has secured $16 billion in financing to support the construction of a large-scale data center campus in Michigan. This significant investment...

U.S. Raises Alarm Over Chinese AI Firms’ Alleged IP Theft Through Model Distillation

The U.S. State Department has launched a global diplomatic effort to highlight what it describes as large-scale intellectual property theft by Chinese artificial intelligence companies. According to a diplomatic cable...

DeepSeek Launches V4 AI Models with Enhanced Reasoning and 1M Token Context Window

DeepSeek has unveiled preview versions of its latest open-source artificial intelligence models, marking a significant step forward in AI performance and reasoning capabilities. The new releases, DeepSeek-V4-Pro and...

Amazon Stock Rises as Meta Expands AWS Partnership for AI Infrastructure

Amazon (NASDAQ: AMZN) shares climbed around 2% শুক্রবার morning after Meta revealed a major expansion of its partnership with Amazon Web Services (AWS), signaling strong momentum in the growing artificial intelligence...
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