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FxWirePro- Gold Daily Outlook (US session)

Sep 12, 2024 13:31 pm UTC| Technicals

Gold jumped sharply and hit a fresh all-time high of $2542.17 after ECB monetary policy. It hits a low of $2502.29. It is currently trading at around $2538. ECB cuts rates by 25 bpbs as widely expected. The central bank...

FxWIrePro- USDCHF Daily Outlook

Sep 12, 2024 13:18 pm UTC| Technicals

Intraday bias remains neutral as long as resistance 0.8550 holds. It hit a high of 0.85488 and is currently trading around 0.85267. Time...

FxWirePro-EURGBP trade idea

Sep 12, 2024 12:54 pm UTC| Technicals

EURGBP consolidating after ECB rate cut. It hit a low of 0.84361 at the time of writing and is currently trading around 0.84434. ECB cuts rates by 25 bpbs as widely expected. The central bank projects inflation...

FxWirepro EURUSD trades flat after ECB monetary policy, good to buy on dips

Sep 12, 2024 12:43 pm UTC| Technicals

EURUSD pared some of its losses after ECB monetary policy. It hit a high of 1.10262 at the time of writing and is currently trading around 1.10240. ECB cuts rates by 25 bpbs as widely expected. Deposit...

FxWirePro- BNBUSD Daily Outlook

Sep 12, 2024 11:50 am UTC| Technicals

Intraday bias - Bullish Horizontal trend line- $605 Any close above $562 confirms intraday bullishness. BNBUSDsurged more than 5% in the past two days on positive developments. Binance unit Tokocrypto...

FxWirepro- Crude oil  Daily Outlook

Sep 12, 2024 11:39 am UTC| Technicals

Crude oil showed a minor bounce back above $68 on supply concerns. It hit a low of $65.29 and is currently trading around $68.10 Crude oil inventories build up by 800,000 barrels for the week ended Sep 6thcompared to a...

FxWirPro- Silver Daily Outlook

Sep 12, 2024 10:07 am UTC| Technicals

Silvergained momentum after weak US CPI data.It hit alow of $28.07 yesterday and is currently trading around $28.81. The European Central Bank (ECB) is expected to cut rates by 25 bpbs to 4% today. Markets eye...

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Economy

U.S.-Iran Ceasefire: Fragile Truce Raises Hopes for Strait of Hormuz Peace Deal

A temporary ceasefire between the United States, Iran, and Israel is holding but just barely. U.S. Vice President JD Vance described the two-week truce as fragile on Wednesday, warning that Iran appeared to be...

Gold Surges Near 3-Week High as Trump-Iran Ceasefire Eases Geopolitical Tensions

Gold prices climbed sharply on Wednesday, nearing a three-week high after President Donald Trump announced a temporary ceasefire with Iran, easing geopolitical tensions that had been gripping global markets. Spot gold...

Oil Prices Crash Nearly 15% After Trump-Iran Ceasefire Deal

Global oil markets experienced a dramatic selloff on Wednesday after U.S. President Donald Trump announced a two-week ceasefire agreement with Iran, easing fears of a major disruption to Middle East energy supplies. Brent...

U.S. Stock Futures Surge as Trump Announces Iran Ceasefire, Oil Prices Plunge

U.S. stock index futures posted sharp gains Wednesday after President Donald Trump announced a temporary ceasefire agreement with Iran, lifting market sentiment and triggering a dramatic drop in oil prices. The development...

U.S.-China Trade Talks: Trump and Xi Set for Summit Amid Rare Earths Focus

The United States and China are maintaining a stable trade relationship, and President Donald Trump intends to preserve that balance in an upcoming summit with Chinese President Xi Jinping, according to U.S. Trade...

Politics

FCC Moves to Ban All Chinese Labs From Testing U.S. Electronics

The Federal Communications Commission is escalating its crackdown on Chinese technology by preparing to vote on a sweeping proposal that would prohibit all Chinese laboratories from testing electronic devices intended for...

Israel Strikes Lebanon Amid Iran Ceasefire, UN Condemns Mass Casualties

Just hours after a two-week ceasefire was brokered between the United States and Iran, Israel launched its most intense wave of strikes on Lebanon since the conflict with Hezbollah began last month. The scale of the...

Mexico Appoints Roberto Velasco as New Foreign Minister Amid USMCA Trade Review

Mexicos Senate has officially confirmed Roberto Velasco as the countrys new Foreign Minister, filling a critical diplomatic role at a time when North American trade relations are under close scrutiny. Velasco, who...

Trump Meets NATO Chief Rutte Amid Alliance Tensions Over Iran War

President Donald Trump welcomed NATO Secretary General Mark Rutte to the White House on Wednesday for high-stakes talks as the ongoing conflict with Iran continues to strain transatlantic relations. The meeting comes at a...

UK PM Keir Starmer Heads to Middle East Amid Ceasefire Agreement

British Prime Minister Keir Starmer is traveling to the Middle East for high-level diplomatic meetings with regional allies, following a landmark ceasefire agreement reached overnight. The visit marks a significant moment...

Science

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...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

Technology

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...

U.S. Disrupts Russian Military Hackers' Global DNS Hijacking Network

The U.S. Justice Department has successfully executed a court-authorized operation to dismantle a DNS hijacking network tied to Russian military intelligence. The network was run by GRU Military Unit 26165, a cyber unit...

Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand

Samsung Electronics delivered a stunning financial turnaround in the first quarter of 2025, projecting operating profit of approximately 57.2 trillion won (roughly $38 billion) a more than eightfold increase compared to...

China's Push to Steal Taiwan's Chip Technology and Talent Raises Security Alarms

Taiwans National Security Bureau has raised serious concerns about Beijings escalating efforts to infiltrate the islands world-class semiconductor industry. According to a report submitted to Taiwanese lawmakers, China is...

Apple's Foldable iPhone Faces Engineering Setbacks, Mass Production Timeline at Risk

Apples highly anticipated foldable iPhone is running into significant engineering hurdles during its test phase, raising concerns about potential delays in both mass production and product shipments, according to a report...
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