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FxWirePro: USD/ CNY edges higher but the overall outlook remains bearish

Sep 02, 2024 04:01 am UTC| Technicals

USD/ CNY recovered some ground on Monday after data showed Chinas Aug manufacturing returns to growth. Chinas manufacturing sector rebounded in August, with increased new orders driving production growth, a...

FxWirePro: USD/ JPY unlikely to invite any further strength, good to sell on rally

Sep 02, 2024 03:45 am UTC| Technicals

USD/JPY eased slightly on Monday as investors prepared for a busy week of data, leading up to a U.S. jobs report. On the data front, Japans factory activity contracted at a slower pace in August, driven by a recovery...

FxWirePro: AUD/ USD stuck in range but bias is bullish

Sep 02, 2024 03:29 am UTC| Technicals

AUD/USD was little changed on Monday as investors awaited Australias June-quarter economic growth print to gauge the outlook for interest rates. Australias second-quarter GDP report, due this week, could set the stage...

FxWirePro-GBPJPY Daily Outlook

Sep 02, 2024 03:22 am UTC| Technicals

Intraday Bias - Bullish GBPJPY showed a minor pullback of more than 100 pips from a low of 190.64 the previous week. It hit a low of 189.50 on Aug 26th, 2024, and is currently trading around...

FxWirePro-GBPJPY Daily Outlook

Sep 02, 2024 03:22 am UTC| Technicals

Intraday Bias - Bullish GBPJPY showed a minor pullback of more than 100 pips from a low of 190.64 the previous week. It hit a low of 189.50 on Aug 26th, 2024, and is currently trading around...

FxWirePro:EUR/AUD poised at critical support, looking vulnerable

Aug 30, 2024 20:16 pm UTC| Technicals

EUR/AUD consolidated recent losses on Friday after a significant drop in Eurozone inflation, which heightened expectations of potential monetary policy adjustments by the ECB Inflation in the 20-country euro zone fell...

FxWirePro: EUR/NZD falls below 1.7700 level, bears keep the advantage

Aug 30, 2024 20:14 pm UTC| Technicals

EUR/NZD dipped on Friday as inflation figures from the euro zone led to minimal changes in the policy outlook for the ECB. Inflation in the 20 Eurozone countries plummeted to 2.2% in August, creating a strong...

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Economy

New Home Prices in China Rise Amid Market Recovery Efforts

New Home Prices in China Rise Amid Market Recovery Efforts In October, new home prices in China experienced a notable increase, reflecting a potential shift in the property markets trajectory. According to a...

South Korea's Export Growth Falls to Seven-Month Low Amid Global Demand Concerns

South Koreas Export Growth Drops as Global Demand Slows South Koreas export growth slowed sharply in October, rising just 4.6% year-over-year to $57.52 billion, marking the smallest increase in seven months. This...

Macquarie Group Reports Lower-Than-Expected First-Half Profits Amid Commodities Slowdown

Macquarie Group Misses First-Half Profit Estimates as Commodities Trading Declines Macquarie Group, Australias largest investment bank, reported a first-half profit increase of 14% to A$1.61 billion (USD 1.06...

Indonesia's Inflation Eases, Core Inflation Surges Amid Economic Challenges

Indonesias Inflation Trends: Headline Eases, Core Inflation Surges October Inflation Overview Indonesias headline inflation rate eased to 1.71% in October, down from 1.84% in September. This rate aligns...

China Halts Investments in Europe Amid New Tariffs on EVs

China Halts Investments in Europe Amid New Tariffs on EVs China has directed its automakers to pause significant investments in European countries backing new tariffs on Chinese-made electric vehicles (EVs). This...

Politics

‘Garbage or Nazis?’ Gov. Tim Walz Defends Biden’s Remarks on Trump Supporters—‘He Was Very Clear!’ Critics Demand Apology

Minnesota Governor Tim Walz is facing backlash after defending President Joe Bidens recent comment that referred to Trump supporters as garbage. In his statement, Walz, who recently compared Trump supporters to Nazis,...

‘America’s Going to Love It!’ Elon Musk Teases ‘Fun’ Second Trump Presidency—‘It’s Gonna Be Awesome!’ Sparks Mixed Reactions

In a tweet that has stirred up strong opinions across social media, billionaire Elon Musk shared his take on a potential second presidency for former President Donald Trump, calling it the most fun America has had in a...

‘A System Flaw Exposed!’ Non-Citizen Voting Incident at University of Michigan Sparks Outrage—‘Ballot Will Still Count!’

A 19-year-old student from China, enrolled at the University of Michigan, faces charges of illegal voting and perjury for allegedly casting a ballot in the 2024 U.S. election. The case has ignited a firestorm of...

U.S. Election Officials Brace for Disruptions Amid Misinformation and Threats

Heightened Security Measures in Key Battleground States Ahead of Election Day With the U.S. election just days away, officials across crucial battleground states like Philadelphia, Detroit, and Atlanta are...

Science

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...

Just 21 Minutes of Cycling a Day Is 'All You Need' for Total Health, Claims Expert

John Vinton, CEO of Aventon Bikes, insists that just 21 minutes of cycling each day can drastically enhance your health. This simple yet transformative practice can lead to a multitude of benefits, including reduced risks...

Urgent Alert: New COVID Variant Causes Alarming Symptoms—You Must Know This!

The UK is experiencing a rise in COVID-19 cases, with the UK Health Security Agency (UKHSA) confirming that the XEC strain of the virus is spreading. This variant, a combination of the KS.1.1 and KP.3.3 strains, is...

Technology

Could Sam Altman's World Chain's Ethereum L2 Upgrade Push WLD Price to $10?

World Chain announced on November 1 its integration with Across on Ethereum Layer 2, enhancing secure cross-chain transactions and adding ERC-7683 support. The update may drive global adoption, leading market watchers to...

XRP Poised for Breakout if Market Demand Holds Strong at Key Support Level

XRP, Ripples native cryptocurrency, saw heightened market activity and price stability at its $0.505 support level, climbing to $0.523 in Fridays early trading. With a 43% increase in volume, investor sentiment appears...

Veteran Trader Sees Ethereum Dropping to $1,551 Amid Unmet Bearish Target and Analyst Warnings

Ethereums price faces a potential downward shift, with veteran trader Peter Brandt predicting a drop to $1,551 amid bearish chart structures. While some analysts see a 10-20% downside, others anticipate a reversal...

Shiba Inu Burn Rate Soars by 252,910%, as SHIB Price Dips and Experts Call for Caution

Shiba Inus token burn rate skyrocketed 252,910% in the past day, prompting a stark warning from experts who urge investors to remain cautious despite potential price boosts. This burn surge comes as SHIB prices experience...
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