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Mon, Jan 06, 2025 11:47 AM All times are UTC

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GBP/JPY in Focus: Watch for a Potential Reversal as Yen Strengthens!

Oct 30, 2024 08:57 am UTC| Technicals

The GBP/JPY showed a minor sell-off due to the strong yen.It hit a low of 197.80 yesterday and is currently trading around 198.43 The Potential Reversal Zone (PRZ) is identified at 200.20, and the pair has gained over 800...

FxWirePro: NZD/USD downside pressure builds, key support level in focus

Oct 30, 2024 06:14 am UTC| Technicals

NZD/USD continued to drop on Wednesday as US dollar firmed on rising expectations of a Donald Trump victory in the upcoming presidential election. Investors face a packed calendar on Wednesday, featuring the UK budget,...

FxWirePro: USD/ CNY hovers near three-month, bias is bullish

Oct 30, 2024 05:17 am UTC| Technicals

USD/ CNY hovered near three-month peak on Wednesday as investors assessed closely watched U.S. election that could significantly impact the worlds second-largest economy. Growing bets for Republican presidential...

FxWirePro: AUD/ USD short had control, kept it after Australian inflation data

Oct 30, 2024 05:01 am UTC| Technicals

AUD/USD eased slightly to trade around 0.6543 as investors digested Australian inflation figures. Australian data showed consumer prices rose 0.2% in the third quarter, a little lower than expected, bringing annual...

FxWirePro: EUR/NZD maintain upside momentum, eyes 1.8200 level

Oct 29, 2024 23:33 pm UTC| Technicals

EUR/NZD steadied on Tuesday as softer commodities, higher US treasury yields weighed on kiwi dollar. Oil prices dipped on a report that Israeli Prime Minister Benjamin Netanyahu will hold a meeting for a diplomatic...

FxWirePro:GBP/NZD holds steady ahead of UK budget, potential for bullish continuation

Oct 29, 2024 23:23 pm UTC| Technicals

GBP/NZD steadied around 2.1800 level on Tuesday as sterling firmed day before the Labour governments first budget. . Finance minister Rachel Reeves, along with Prime Minister Keir Starmer, has reiterated the need for...

FxWirePro: GBP/AUD bullish outlook with scope to target 1.9900

Oct 29, 2024 23:11 pm UTC| Technicals

GBP/AUD gained strength on Tuesday as sterling attracted bids ahead of a new British budget. Britains new finance minister, Rachel Reeves, is set to announce potentially the largest tax increases in three decades on...

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Economy

FxWirePro-Major Economic events for the week

Date Time (GMT) Currency Impact Event Actual Forecast Previous Mon, Jan...

China's Services Sector Soars: December PMI Hits Highest Level Since June

The Caixin Services PMI for December 2024cameinat52.2,risingfrom 51.5 in November, affirming a positive growth trend in Chinas services sector. This is the highest level since June 2024 and was more than analysts...

Galaxy Z Flip FE and Watch8 Classic Rumored in Database Leak as Samsung Plans August Unpacked Reveal

The Galaxy Z Flip FE and Watch8 Classic have surfaced in a database, fueling rumors about their global debut at Samsungs highly anticipated August Unpacked event. These devices highlight Samsungs push toward affordability...

Apple Skips TSMC’s Pricey 2nm Chips for iPhone 17 Pro Over Steep Costs and Limited Production

Citing high production costs and limited capacity, Apple has delayed using TSMCs 2nm chips in its iPhone 17 Pro models. The advanced chips are now expected in 2026 with the iPhone 18 Pro series. Apple Delays iPhone 17 Pros...

MINISO Stock Climbs as 'Black Myth Wukong' Alliance Sparks Global Excitement

MINISO shares soared in Hong Kong and New York after announcing a partnership with Black Myth Wukong, Chinas groundbreaking AAA game. The collaboration includes co-branded products set for 2025, reflecting MINISOs drive to...

Politics

Robert F. Kennedy Jr.’s Path to HHS Sparks Fierce Debate over Health and Leadership in America

Robert F. Kennedy Jr., a controversial figure in health advocacy, is reportedly on the verge of securing the votes necessary for confirmation as Secretary of Health and Human Services (HHS). The development has ignited...

Department of Justice Faces Scrutiny Over $100 Million Spent on Controversial DEI Programs in Four Years

The Department of Justice (DOJ) has come under fire following revelations that it spent over $100 million on diversity, equity, and inclusion (DEI) programs in the last four years, according to a report by Fox News. The...

Biden Honors Jan. 6 Committee Members With Prestigious Award, Sparking Fierce Debate Across the Nation

President Joe Biden is set to award the Presidential Citizens Medal to key members of the Jan. 6 committee, including Republican Liz Cheney and Democrat Bennie Thompson. The announcement, first reported by Axios, has...

Elon Musk Sparks Outrage With Explosive Accusations Against Biden’s Border Policies

Tech mogul Elon Musk has once again stirred controversy, this time with his incendiary claim that President Joe Bidens open-border policies constitute 100% treason. The bold accusation, made via Musks widely followed...

Biden’s Bold Move to Permanently Ban Offshore Oil Drilling Sparks Nationwide Debate Before Trump Takes Office

In a dramatic end-of-term decision, President Joe Biden is reportedly planning to implement a permanent ban on offshore oil drilling in key areas, according to Bloomberg. The move is seen as a final effort to solidify his...

Science

Bill Gates’ Shocking New Malaria Solution Unveiled as Genetically Modified Mosquitoes Turn Into Flying Vaccinators

In a groundbreaking and controversial move, researchers funded by the Bill and Melinda Gates Foundation at Leiden University Medical Center have developed a revolutionary approach to combat malaria. The team has created...

Explosive CIA Whistleblower Claims Havana Syndrome Victims Face Cancer, Dementia, and Government Betrayal

A former CIA operative has come forward with alarming allegations, claiming that victims of the mysterious Havana Syndrome are now battling devastating health issues, including cancer, dementia, and Parkinsons disease. The...

FDA Approval of Opdivo Injection Sparks Hope for Cancer Patients with Revolutionary Treatment Update

In a significant advancement for cancer care, the U.S. Food and Drug Administration (FDA) has approved an injectable version of Bristol Myers Squibbs blockbuster cancer drug Opdivo. Branded as Opdivo Qvantig, the new...

Public Health Experts Warn of ‘Quad-Demic’ as Flu, COVID, RSV, and Norovirus Threaten Winter Surge

Public health experts are raising alarms over a potential quad-demic this winter, with flu, COVID-19, respiratory syncytial virus (RSV), and norovirus all expected to surge simultaneously. This unprecedented convergence of...

Philippines' 'Missile Acquisition' Plan Provokes China's 'Arms Race' Warning

The Philippines has announced plans to acquire the U.S.-developed Typhon missile system to bolster its maritime defense capabilities. This decision has elicited strong reactions from China, which warns that such a move...

Technology

Apple Faces $95 Million Settlement Over Siri Recordings Linked to Privacy Breaches and User Ads

Apple has settled a class action lawsuit for $95 million over claims that its Siri assistant recorded private conversations and disclosed them to advertisers. Millions of users are eligible for compensation, with the class...

Elon Musk Dispatches Tesla Team to Recover Cybertruck Video After Las Vegas Explosion Shocks the Nation

Elon Musk has sent a specialized Tesla team to Las Vegas in a bid to recover in-cabin video footage from the Cybertruck involved in a shocking explosion outside the Trump International Hotel. The incident, which occurred...

BYD Outpaces Expectations with 4.27 Million Sales in 2024 as Tesla Rivalry Escalates

BYD shattered sales records in 2024, delivering 4.27 million NEVs and intensifying its rivalry with Tesla. The automakers growth spanned global markets, fueling speculation about its future dominance as it gears up for...

$7,500 Tax Credit Sparks Hyundai, Kia, and Genesis EV Push in Competitive US Electric Market

Hyundai, Kia, and Genesis electric vehicles join the list of $7,500 US tax credit qualifiers for the first time. This significant boost aligns with Hyundais rapid US expansion through local manufacturing and advanced EV...

Musk’s Cybertruck Investigation Unveils Shocking Details on Trump Hotel Explosion in Fatal Incident

Elon Musk confirmed Wednesday that Teslas Cybertruck explosion outside the Trump Las Vegas hotel involved fireworks or a bomb. One person was killed, seven were injured, and authorities are investigating the incident as a...