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FxWirePro: EUR/AUD capped by 50% fibonacci, good to sell on rally

Jul 11, 2022 23:18 pm UTC| Technicals

EUR/AUD initially gained on Monday but gave up some of the ground as recession fears in Eurozone deepened after warnings about a possible cut in Russian gas supplies.. EUR/AUD gained towards 1.4978 but retreated on...

FxWirePro: GBP/NZD neutral in the near-term, scope for downward resumption

Jul 11, 2022 19:16 pm UTC| Technicals

GBP/NZD initially gained on Monday but gains were limited as traders turned wary of growing political uncertainty in Britain. Johnsons resignation has deepened uncertainty over the UK economy, which is already under...

FxWirePro :EUR/NZD outlook weaker on renewed downside pressure

Jul 11, 2022 17:55 pm UTC| Technicals

EUR/NZD erased earlier gains on Monday as fears an energy crisis could push the region into recession weighed on euro. Markets have had a hard couple of weeks on recession worries, and the euro coming near parity with...

FxWirePro: Daily Commodity Tracker - 11th July, 2022

Jul 11, 2022 13:41 pm UTC| Technicals

Daily Commodity...

FxWirePro: EUR/GBP Daily Outlook

Jul 11, 2022 13:33 pm UTC| Technicals

Chart - Courtesy Trading View Technical Analysis: - EUR/GBP was trading 0.01% lower on the day at 0.8457 at around 10:45 GMT - The pair has bounced off 200-DMA support and further weakness only on break below -...

FxWirePro: EUR/JPY eases gains, dovish Kuroda’s dovish remarks keep downside cushioned

Jul 11, 2022 10:35 am UTC| Technicals

Chart - Courtesy Trading View EUR/JPY was trading largely unchanged at 138.47 at around 10:15 GMT. The pair has erased early gains and slipped lower from session highs at 139.16. Bank of Japan Governor Haruhiko...

FxWirePro- Major pair levels and bias summary

Jul 11, 2022 10:08 am UTC| Technicals

Major pair levels and bias...

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Economy

Why Inflation Won’t Stop Tariffs: ‘The Political Agenda Matters More,’ Warns Economist

As inflation continues to strain household budgets, voters remain deeply concerned about rising costs. Yet, according to UBS Chief Economist Paul Donovan, inflation fears are unlikely to deter the United States from...

‘Trump Trade’ Economics Explained: How Tariffs, Deregulation, and Spending Plans Could Reshape the Market

The Trump trade is back in focus following the dramatic market reactions to Donald Trumps return to the White House. With equities soaring, Treasury yields climbing, and the U.S. dollar strengthening, Bank of America...

‘Republican Power Play’: Trump’s Second Term Brings ‘Explosive’ Shifts in Congress Compared to 2016 Sweep

The Republican Partys decisive victory in the 2024 elections has reignited comparisons to its 2016 sweep that handed the GOP control of both the White House and Congress. However, while the broad goals of the Republican...

‘Massive Market Shakeup’: Second Trump Term Sparks Investor Optimism but Raises ‘Explosive’ Policy Questions Ahead

With Donald Trump returning to the White House, financial markets are experiencing a rapid reshuffling of expectations, according to a UBS report released this week. U.S. stocks surged following Trumps reelection,...

Politics

Oklahoma Prepares to Fast-Track Deportations of Convicted Illegal Immigrants Under Trump’s January 2025 Plan

Oklahoma officials have announced a controversial program aimed at expediting the deportation of hundreds of convicted illegal immigrants currently incarcerated in the states prison system. Set to launch in January 2025,...

Senate Majority Leader-Elect Thune Sparks Controversy, Blasts Democrats for Alleged ‘Election Interference’ in Pennsylvania Senate Race

In a dramatic escalation of post-election tension, Senate Majority Leader-elect John Thune has accused Democrats of attempting to undermine the electoral process in the closely contested Pennsylvania Senate race. Thunes...

‘Entire Agencies Will Be Deleted!’ Vivek Ramaswamy’s Bold Declaration Sparks Massive Political Backlash and Divides Washington

Vivek Ramaswamy, a prominent entrepreneur and Republican political figure, has made headlines with his controversial remarks about the future of federal agencies. During a recent interview, Ramaswamy declared his intent to...

‘Behind the Scenes with Barron!’ Lara Trump Reveals the Role That Helped Secure Trump’s Re-Election

In a surprising revelation, Lara Trump has highlighted the contributions of Barron Trump, the youngest son of President-elect Donald Trump, in his fathers successful re-election campaign. Speaking candidly during a recent...

Science

SpaceX’s $2.9 Billion Moon Ship Reveals Spacious Design for Future Lunar Missions

SpaceXs latest prototype of its Starship Human Landing System (HLS) offers an inside look at the spacious, two-story design that could soon carry astronauts to the Moon. A central feature in NASAs Artemis program, this...

CDC Urges Second COVID-19 Vaccine for Seniors: ‘Protect Your Health This Season!’ Experts Say It’s Critical

In a recent public health announcement, the Centers for Disease Control and Prevention (CDC) recommended that individuals aged 65 and older receive a second dose of the 2024-2025 COVID-19 vaccine. This additional dose, the...

Breakfast Secrets: 'Fiber-rich Foods Are the Key to Weight Loss!' Experts Reveal Shocking Truth

Health experts often emphasize the importance of a balanced diet combined with regular exercise for weight management. However, for many, achieving these goals can be a daunting challenge. Instead of drastic food...

Scabies Surge Sparks Alarm: Doctors Warn Brits, 'Don't Ignore That Rash!'

Doctors in the United Kingdom are sounding the alarm over a dramatic rise in scabies cases, urging residents not to dismiss any signs of the itchy skin condition. Recent data shows that hospitals detected approximately...

Technology

Trump’s Crypto Win Rocks Ethereum: Bitcoin Soars, ETH Slumps ‘More Brutal Than I Expected’

Ethereums decline against Bitcoin has surprised experts, with Lyn Alden calling the drop more brutal than expected. Despite Trumps crypto-friendly administration, Bitcoin surged 31%, leaving Ethereum struggling with a...

Tyler Winklevoss: D.O.G.E. Could Be the US’s Secret Weapon Against Rising Inflation

Tyler Winklevoss, co-founder of Gemini, supports D.O.G.E.s innovative approach to tackling inflation while criticizing the SECs restrictive stance. He emphasizes Bitcoins potential as digital gold amid U.S. economic...

Trump Meeting Rumors Put Ripple Labs CEO in Hot Seat; XRP Soars Amid Backlash

Ripple Labs CEO Brad Garlinghouse is under fire following rumors of a meeting with President-elect Trump. Industry leaders accuse Ripple of promoting an anti-bitcoin agenda as XRP prices spike amid the speculation. The...

Shiba Inu Team Sounds Alarm on Scammers Amid SHIB’s 12.5% Price Surge

The Shiba Inu team has raised concerns about crypto scams targeting its community as SHIBs price rose by 12.5% within 24 hours. Investors are advised to avoid FOMO-driven schemes and prioritize sustainable projects that...
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