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Thu, Jul 23, 2026 01:16 PM All times are UTC

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FxWirePro: GBP/AUD reverses early rally ,bias back to downside

Aug 05, 2024 18:30 pm UTC| Technicals

GBP/AUD initially gained on Monday but reversed course as investor sentiment soured towards riskier assets due to growing fears over a possible recession in the United States. Markets have been impacted by Fridays weak...

FxWirePro : EUR/AUD early gains fade, reversal is likely

Aug 05, 2024 17:01 pm UTC| Technicals

EUR/AUD rose higher initially on Monday but gave up most of the ground as fears of U.S. recession mounted after weak economic data sparked a global sell-off. Fridays data showed a sharp slowdown in U.S. job growth,...

Worst performing Altcoins (past 24 hours)

Aug 05, 2024 11:35 am UTC| Technicals Digital Currency

CRVUSD- It breaks significant support$0.2185 after a long consolidation. It lost more than 20% from the previous days close and hit a fresh all-time low. Major support -$0.1440 Major resistance-...

FxWirePro- Ethereum Daily Outlook

Aug 05, 2024 10:20 am UTC| Technicals Digital Currency

ETHUSD lost more than 25% in the past two days following in the footsteps of Bitcoin. It hit a low of $3022 at the time of writing and is currently trading ataround $3025.. US recession fears dragged the global...

FxWirePro: GBP/AUD rebounds strongly as soft U.S. jobs data helps longs take control

Aug 02, 2024 22:22 pm UTC| Technicals

GBP/AUD rebounded strongly on Friday as the pair lifted by weaker than expected U.S. jobs data. The data heightened concerns that the US economy is slowing faster than expected and that the Federal Reserve may have made...

FxWirePro:GBP/NZD rebounds from 3-week low, outlook bullish

Aug 02, 2024 21:59 pm UTC| Technicals

GBP/ NZD rebounds from 3-week low on Friday as weak U.S. jobs report spurred worries on the health of the American economy . The U.S. unemployment rate surged to a near three-year high of 4.3% due to a significant...

FxWirePro :EUR/NZD bulls make progress on downbeat US jobs report

Aug 02, 2024 21:28 pm UTC| Technicals

The EUR/NZD rally extended on Friday as surprisingly weak U.S. employment data stoked fears of a recession, prompting investors to dump the riskier Kiwi dollar. The U.S. jobs report showed that job growth slowed more...

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Economy

Gold Price Holds Above $4,130 as Fed Rate Outlook and Middle East Tensions Support Safe-Haven Demand

Gold prices remained resilient on Thursday, staying above the $4,130-an-ounce mark as investors continued buying on recent dips despite rising oil prices and growing expectations that the U.S. Federal Reserve could keep...

Asian Stocks Rally on AI Spending Optimism as Middle East Tensions Push Oil to Six-Week High

Asian stock markets advanced on Thursday as strong artificial intelligence (AI) investment plans from major U.S. technology companies boosted confidence in the regions semiconductor sector, while escalating conflict in the...

Australia Jobs Surge in June Strengthens Case for More RBA Rate Hikes

Australias labor market posted a stronger-than-expected performance in June, reinforcing expectations that the Reserve Bank of Australia (RBA) could raise interest rates again to curb persistent inflation. Data released by...

Oil Prices Rise as Houthi Attacks on Saudi Tankers Heighten Middle East Supply Fears

Oil prices extended their rally for a fifth consecutive session during Asian trading on Thursday as renewed geopolitical tensions in the Middle East fueled concerns over potential disruptions to global crude supplies. The...

South Korea Q2 GDP Beats Forecasts as AI Chip Exports Drive Growth

South Koreas economy expanded faster than expected in the second quarter of 2026, supported by resilient semiconductor exports as global demand for artificial intelligence (AI) technologies continued to boost the countrys...

Politics

Arizona Primaries Set High-Stakes Governor and House Battles Ahead of Midterm Elections

Arizonas Republican primary delivered major victories for candidates backed by U.S. President Donald Trump, setting up closely watched contests for governor and a key U.S. House seat in the November 3 midterm elections....

Amish Shah Wins Arizona Democratic Primary in Key U.S. House Race

Moderate Democrat Amish Shah has won the Democratic primary for Arizonas 1st Congressional District, according to media projections, setting up a closely watched general election contest that could play a significant role...

Trump Administration Opens Civil Rights Probes Into Five U.S. Medical Schools Over Admissions

The U.S. Department of Education has launched civil rights investigations into five medical schools over alleged racial discrimination in admissions, expanding President Donald Trumps campaign against diversity, equity,...

ASEAN Forum Puts Middle East Conflict, South China Sea Tensions in Spotlight

Top diplomats from Asia, Europe, and North America gathered in Manila on Thursday for the ASEAN Regional Forum (ARF), with the escalating Middle East conflict and South China Sea tensions expected to dominate discussions....

Rubio Rejects AI ‘Kill Switch’ Claims as U.S. Defends American Technology Abroad

U.S. Secretary of State Marco Rubio has directed American diplomats to push back against claims that the United States has a kill switch capable of shutting off access to U.S. technology products, according to a State...

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

Intel, AMD Seek Long-Term China Server CPU Deals as AI Demand Drives Supply Crunch

Intel and Advanced Micro Devices (AMD) are negotiating long-term purchase agreements with Chinese server customers as demand for data center processors continues to outpace supply, according to people familiar with the...

Alphabet Q2 Earnings Beat Estimates as AI Spending, Google Cloud Growth Fuel Outlook

Alphabet (NASDAQ: GOOGL) delivered stronger-than-expected second-quarter 2026 results, driven by rapid growth in Google Cloud and continued investment in artificial intelligence infrastructure. Despite beating Wall Street...

Elon Musk Fuels SpaceX-Tesla Merger Speculation After Earnings Call

The possibility of a merger between Tesla (NASDAQ: TSLA) and SpaceX gained fresh attention after Teslas second-quarter earnings call, with Deepwater Managements Gene Munster increasing the odds of a deal taking place in...

IBM Q2 Earnings Miss Estimates as Software Growth Offsets Infrastructure Weakness

International Business Machines (NYSE: IBM) reported second-quarter 2026 earnings that missed Wall Street expectations, although its shares gained about 3% after the company had already warned investors about weaker...

OpenAI Australia Data Center Switches Cooling Strategy After Recycled Water Plan Fails

OpenAIs planned mega data center in Australia will rely on a more energy-intensive cooling system after developers abandoned plans to use recycled water, according to a Reuters report published Thursday. The change comes...