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FxWirePro: AUD/NZD on track to test major resistance at 1.10, bias higher, stay long

Sep 26, 2017 04:49 am UTC| Technicals

Kiwi extends weakness after weaker than expected trade balance data and NZIERs recommendations of little need for an RBNZ rate rise. New Zealand trade balance for August came in at $-3.2B, below forecasts at...

FxWirePro: Silver erases previous loss against U.S. dollar, bias turns bullish again

Sep 26, 2017 04:29 am UTC| Technicals

XAG/USD is currently trading around $17.20 marks. It made intraday high at $17.23 and low at $17.06 levels. Intraday bias remains bullish till the time pair holds key support at $17.15 mark. A daily close...

FxWirePro:Nikkei downside capped by 10- day MA, good to sell on rallies

Sep 26, 2017 04:07 am UTC| Technicals

Nikkei has declined slightly from the high mad e yesterday on slight improving yen . The pair dipped till 2034 after hitting high of 20444 yesterday and is trading around 20326 0.08% higher. USD/JPY has declined...

FxWirePro: NZD/USD breaks 20-DMA support at 0.7249, bias lower,stay short

Sep 26, 2017 04:05 am UTC| Technicals

NZD/USD extends downside for 2nd consecutive session, breaks 20-DMA support at 0.7249. Kiwi dented after New Zealand election results provided no clear victory and resulted in a hung parliament. Downbeat New...

FxWirePro: USD/SGD trades in narrow range, Singapore’s manufacturing output data in focus

Sep 26, 2017 03:26 am UTC| Technicals

USD/SGD is currently trading around 1.3504 marks. It made intraday high at 1.3517 and low at 1.3502 levels. Intraday bias remains neutral till the time pair holds key resistance at 1.3512 mark. A daily close...

FxWirePro: South Korean won falls in early Asia as consumer sentiment index fails to meet expectations

Sep 26, 2017 02:50 am UTC| Technicals

EUR/KRW is currently trading around 1,346 mark. Pair made intraday high at 1,347 and low at 1,342 levels. Intraday bias remains bullish till the time pair holds key support at 1,342 mark. A sustained close...

FxWirePro: Japanese yen trades marginally higher after BOJ’s monetary policy meeting minutes

Sep 26, 2017 02:01 am UTC| Technicals

USD/JPY is currently trading around 111.62 marks. It made intraday high at 111.80 and low at 111.53 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 111.72 marks. A...

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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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