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AUD/USD up slightly as tariff concerns limits gains

Feb 25, 2025 06:04 am UTC| Technicals

AUD/USD edged higher on Monday but gain were limited on concerns over U.S. President Donald Trumps tariff plans. Trump confirmed that tariffs on Canadian and Mexican imports are on time and on schedule despite efforts...

America’s Roundup: Dollar falls to lowest in two months on U.S. growth concerns, Wall Street ends mixed, Gold hits new record high, Oil settles higher -February 24th,2025

Feb 24, 2025 23:15 pm UTC| Technicals

Market Roundup French 12-Month BTF Auction 2.241%, 2.276% previous French 3-Month BTF Auction 2.423%, 2.452% previous French 6-Month BTF Auction 2.339%, 2.369% previous Belgium NBB Business Climate (Feb)...

FxWirePro: GBP/AUD capped by 38.2%fib, good to sell on rally

Feb 24, 2025 22:14 pm UTC| Technicals

GBP/ AUD recovered some ground but gains were limited as investors awaited remarks from a range of Bank of England speakers this week. The UKs Monetary Policy Report Hearings on Tuesday will indeed be a key event for...

FxWirePro : GBP/NZD hovers around 2.2000 trend lower looks likely to resume

Feb 24, 2025 20:04 pm UTC| Technicals

GBP/NZD was little changed on Monday as investors awaited remarks from a range of Bank of England speakers this week.. Bank of England officials Lombardelli, Ramsden, Dhingra, and Pill are set to speak. Fitch Ratings...

FxWirePro: EUR/NZD strongly bearish despite upside attempts

Feb 24, 2025 19:42 pm UTC| Technicals

EUR/NZD pulled back from earlier gains on Monday as investors digested election victory of Germanys conservatives. Friedrich Merz is set to become Germanys next chancellor after his conservative opposition party won...

FxWirePro: EUR/AUD gives back chunk of early gains, eyes another drop

Feb 24, 2025 18:07 pm UTC| Technicals

EUR/AUD initially rose following the German conservatives election win but retraced as attention shifted to the pace of coalition government formation. Friedrich Merz is poised to become Germanys next chancellor after...

FxWirePro: USD/CAD stuck in a range but maintains bullish bias

Feb 24, 2025 16:54 pm UTC| Technicals

USD/CAD traded in tight range on Monday as investors remained risk-averse ahead of potential U.S. tariffs. Canada and Mexico are ramping up talks to avert a 25% tariff on their exports to the U.S., with a March 4...

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Economy

Houthi Naval Blockade on Saudi Arabia Escalates Iran Conflict, Threatens Global Oil Supply

Yemens Iran-backed Houthi movement announced a naval blockade against Saudi Arabia on Monday, significantly escalating tensions in the Middle East and raising fresh concerns over global energy supplies, oil prices, and...

ASEAN Ministers Warn Middle East Conflict Threatens Regional Stability and Energy Security

The escalating Middle East conflict dominated discussions at the ASEAN foreign ministers meeting in Manila on Tuesday, as leaders warned that renewed fighting could threaten global energy supplies, fuel inflation, and...

Trump Set to Unveil New Tariffs on Dozens of Countries as Global 10% Duty Nears Expiration

U.S. President Donald Trump is expected to introduce a fresh round of tariffs on dozens of countries as early as this week, according to a report by the Financial Times. The move comes as the administrations temporary 10%...

US-Iran Conflict Escalates as Gulf Attacks Threaten Global Oil Supply

The conflict between the United States and Iran intensified overnight as U.S. forces launched fresh airstrikes across southern Iran following President Donald Trumps vow to retaliate for the deaths of American soldiers....

US Stock Futures Rise as AI Optimism Lifts Tech, 3M Jumps on Strong Earnings

U.S. stock futures moved higher on Tuesday, led by semiconductor and technology stocks, as investors looked ahead to a busy week of corporate earnings that could determine whether the artificial intelligence-driven rally...

Politics

US, China to Hold AI Talks Ahead of Xi’s September Visit

The United States and China are preparing to hold high-level artificial intelligence (AI) talks in September, marking the first official AI dialogue between the two countries under President Donald Trumps administration....

Israeli Airstrike Kills Family of Six in Gaza as Ceasefire Death Toll Mounts

An Israeli airstrike in Gaza City on Tuesday killed a family of six after their home was struck and engulfed in flames, according to Palestinian health officials, highlighting the continued violence despite an October...

Trump-Aligned MAGA Inc Builds $400 Million War Chest Ahead of Midterm Elections

MAGA Inc, the super political action committee aligned with U.S. President Donald Trump, has accumulated more than $400 million as Republicans prepare for the November U.S. midterm elections, according to a new filing with...

Japan PM Sanae Takaichi Unveils Growth Plan as BOJ Independence Concerns Lift Bond Yields

Japanese Prime Minister Sanae Takaichi unveiled her first economic policy blueprint on Tuesday, pledging to increase investment in strategic growth sectors while reaffirming cooperation with the Bank of Japan (BOJ)....

Civil Rights Groups Sue Trump Administration Over Childcare Funding Freeze and Influencer's Role

Civil rights organizations have filed a lawsuit against President Donald Trumps administration, challenging its attempt to restrict billions of dollars in federal childcare and family assistance funding while seeking...

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

Morgan Stanley Downgrades Adobe, Workday as AI Transition Raises Growth Concerns

Morgan Stanley adopted a mixed outlook on the software sector on Tuesday, turning bearish on Adobe (NASDAQ: ADBE) and Workday (NASDAQ: WDAY) while maintaining an overall positive view of the industry. The investment bank...

Judge Approves Anthropic’s $1.5 Billion AI Copyright Settlement With Authors

A federal judge in San Francisco has granted final approval to Anthropics landmark $1.5 billion copyright settlement, bringing a major chapter in the legal battle over AI training data and copyrighted books closer to an...

Nvidia Reveals 9.3% Stake in AI Cloud Firm Nebius Following $2 Billion Investment

Nvidia has disclosed that it holds a 9.3% stake in AI cloud infrastructure company Nebius, further strengthening its presence in the rapidly expanding artificial intelligence ecosystem. The disclosure follows Nvidias...

SpaceX Q2 Earnings on Aug. 4 Set Stage for Historic Insider Share Unlock

SpaceX (NASDAQ: SPCX) will report its second-quarter 2026 financial results after the market closes on August 4, marking its first earnings release since its record-breaking initial public offering. The company will also...

Samsung Cuts U.S. Consumer Electronics Jobs as Headquarters Moves to Texas

Samsung Electronics has reduced its workforce in the United States as it relocates the headquarters of its consumer electronics business from New Jersey to Texas, affecting hundreds of employees while maintaining that the...
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