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FxWirePro: AUD/CHF extends gains above 0.63 handle, tests 110-EMA at 0.6327, bias bullish

Apr 28, 2020 10:36 am UTC| Technicals Research & Analysis

AUD/CHF chart - Trading View AUD/CHF extending winning streak for the 5th straight session, bias strongly bullish. The pair is extending gains above 0.63 handle and 61.8% Fib, tests 110-EMA at 0.6327. Oscillators...

FxWirePro: AUD/JPY consolidates above 55-EMA, focus on Australia CPI data for impetus

Apr 28, 2020 10:17 am UTC| Technicals Research & Analysis

AUD/JPY chart - Trading View AUD/JPY was trading largely unchanged at 69.35 at around 09:42 GMT. The pair has bounced off session lows at 69.03, holds support at 55-EMA. Momentum studies are bullish, however, Doji on...

FxWirePro: NZD/USD erases early losses, retraces above 0.60 handle on broad-based US dollar weakness

Apr 28, 2020 09:12 am UTC| Technicals Research & Analysis

NZD/USD chart - Trading View NZD/USD erases early gains and edges higher from session lows at 0.5992 on broad-based US dollar weakness. The pair was trading 0.23% lower at 0.6033 at around 09:00 GMT, after closing...

Blockchain Revolution Series: IBM Unveils New Blockchain Platform To Assist Emergency Inventories For Covid-19 Care

Apr 28, 2020 09:05 am UTC| Research & Analysis Digital Currency Insights & Views

With an objective of assisting recovery efforts in the wake of the pandemic Covid-19, IBM has come-up with theinnovative blockchain network called Rapid Supplier Connect. The platform helps from the digital...

Digital Currency Revolution Series: Can Ripple Penetrate Japan? FXcoin Pilots Remittance-Friendly XRP

Apr 28, 2020 07:36 am UTC| Research & Analysis Digital Currency Insights & Views

The Ripple gained the reputation of being popular crypto-candidate among the remittance/banking community as its edge to transact overseas payments swiftly and efficiently is perceived as a competitive advantage. The banks...

FxWirePro: Copper fails to break above 55-EMA, 'Spinning Top' suggests consolidation

Apr 28, 2020 04:52 am UTC| Technicals Research & Analysis

Copper chart - Trading View Copper was trading 0.11% lower on the day at 2.344 at around 04:45 GMT. Upside in the pair was capped at 55-EMA which is offering stiff resistance at 2.377. A Spinning Top formation on...

FxWirePro: AUD/USD hovers around 61.8% Fib, upward trajectory intact

Apr 28, 2020 04:23 am UTC| Technicals Research & Analysis

AUD/USD chart - Trading View AUD/USD was trading 0.40% lower on the day at 0.6438 at around 04:10 GMT. A resurgent US dollar demand across the board and cautious market sentiment keep the pair subdued. The pair...

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Economy

South Korean Won Leads Asian FX Losses as Dollar Rises

The South Korean won led declines across Asian currencies on Monday as the U.S. dollar strengthened, while the Japanese yen retreated after giving up some of its intervention-driven gains. The U.S. Dollar Index rose 0.18%...

Oil Prices Rise as Hormuz Reopening Remains Uncertain

Oil prices climbed on Monday as uncertainty over the reopening of the Strait of Hormuz continued to support the market, despite Iran and Oman moving closer to an agreement on new shipping routes through the strategic...

Gold Prices Hold Near Seven-Week High as Markets Await U.S. Inflation Data

Gold prices remained largely steady on Monday, hovering near a seven-week high as investors assessed Middle East geopolitical risks and looked ahead to key U.S. inflation data that could influence the Federal Reserves...

Asian Stocks Rise as Weak US Jobs Data Eases Fed Rate Hike Bets

Asian stocks mostly advanced on Monday, following record highs on Wall Street as weaker-than-expected U.S. employment data reduced expectations for a Federal Reserve interest rate hike in September. Japan and South Korea...

Asian Stocks Rise as Weak US Jobs Data Eases Fed Rate Hike Fears

Asian stock markets moved higher on Monday, following record gains on Wall Street as weaker U.S. employment data reduced expectations for an imminent Federal Reserve interest rate hike. Oil prices also advanced as...

Politics

Houthi Attack on Yemen’s Mocha Port Kills Seven, Injures 30

Seven people were killed and 30 others wounded after Houthi forces launched a large-scale drone and missile attack on Yemens Red Sea port city of Mocha, according to the Yemeni military. In a statement issued early Monday,...

Germany Warns of Daily Hybrid Warfare Threats

Germany is facing foreign hybrid warfare operations on a daily basis, Interior Minister Alexander Dobrindt has warned after authorities discovered an explosive-carrying drone at Leipzig/Halle Airport. Dobrindt said hostile...

ICE to Complete Nationwide Body Camera Rollout by End of August

U.S. Immigration and Customs Enforcement (ICE) will equip all officers and agents working in the field with body-worn cameras by the end of August, accelerating a nationwide rollout that was initially expected to take...

Iran-Oman Near Strait of Hormuz Deal as Shipping Tensions Persist

Iran and Oman are nearing an agreement on shipping through the Strait of Hormuz, but Tehran says a bilateral deal alone will not be enough to fully reopen the critical global energy route. Iranian Foreign Minister Abbas...

Joe Biden’s Prostate Cancer Has Spread Further, Hunter Biden Says

Former U.S. President Joe Bidens prostate cancer has spread beyond his bones and is causing significant pain, according to his son, Hunter Biden, who discussed his fathers health in a BBC interview. Speaking to the BBCs...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors

Sony Group and Taiwan Semiconductor Manufacturing Co. (TSMC) are reportedly preparing to invest about 1 trillion yen ($6.32 billion) in a new Japanese semiconductor venture focused on next-generation chips for image...

Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins

Nvidia (NVDA) could enter a multi-quarter growth cycle as shipments of its next-generation Vera Rubin AI chips begin, with BofA Global Research forecasting stronger-than-expected quarterly results and maintaining a bullish...

OpenAI Restricts Astra AI Over Cyberattack Risks

OpenAI has reportedly restricted parts of the development of its next-generation AI model, code-named Astra, after early evaluations indicated the system could potentially carry out sophisticated cyberattacks with limited...

Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium

Nvidia is reportedly preparing to invest as much as $3 billion in Lancium, a Blackstone-backed power infrastructure developer involved in the Stargate artificial intelligence infrastructure initiative, as demand for...

Meta Ordered to Pay $567M Over Child Safety Violations in New Mexico

Meta Platforms Inc. has been ordered to pay $567 million into a fund designed to address harm to young people, in a major legal ruling involving child safety on Facebook and Instagram. Judge Bryan Biedscheid of New Mexicos...