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GBP/JPY: Navigating Gains and Setbacks Amid Weak Pound and PMI Declines!

Oct 24, 2024 11:07 am UTC| Technicals

The GBP/JPY pared some of its gains on weak pound sterling. The pair breaks the significant resistance of 196 after a long consolidation and hits multi high of 198.44 and is currently trading around 195.901. The UK...

FxWirePro- Woodies Pivot Point (Major pair)

Oct 24, 2024 07:15 am UTC| Technicals

Woodies Pivot Point (Major...

FxWirePro: NZD/ USD pauses decline, downside risk remains

Oct 24, 2024 06:16 am UTC| Technicals

NZD/ USD traded near 0.6000 level on Thursday as dollar held firm traders tempered U.S. rate cut expectation and considered the possibility of a second Trump presidency. the Reserve Bank of New Zealand Governor Adrian...

FxWirePro : AUD/USD pauses downside momentum, remains near two month low

Oct 24, 2024 06:01 am UTC| Technicals

AUD/USD edged higher but gains were limited on Thursday as the greenback remained bid driven by expectations of more cautious Federal Reserve rate cuts and increasing bets on a Trump victory . Strong U.S. data and...

FxWirePro:GBP/ AUD uptrend loses steam but outlook still bullish

Oct 23, 2024 23:52 pm UTC| Technicals

GBP/AUD retreated from daily high on Wednesday as the pair rise faded amid diminishing BoE rate hike expectations. Soft UK data and central bank rhetoric has shifted BoE policy expectations to more-dovish BoE rate...

FxWirePro: EUR/AUD bulls prepare to target key fibonacci resistance

Oct 23, 2024 23:38 pm UTC| Technicals

EUR/AUD advanced above 1.6250 level as risk aversion and falling commodity prices pressured Australian dollar. Oil prices fell after data showed U.S. crude inventories rose by more than expected even as refining...

FxWirePro:GBP/NZD runs out of steam but maintains bullish outlook

Oct 23, 2024 23:22 pm UTC| Technicals

GBP/ NZD initially gained on Wednesday but gave up some ground as upcoming UK budget and the U.S. presidential election prompted investors to stau away from risky assets. The Bank of England meets in two weeks to take...

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Economy

Australia's CPI Soars: Inflation Insights for November 2024

The annualized 12-month movement of the Australian year-on-year CPI in November 2024 came in at 2.3%. Comparing this figure, the reading of 2.1% as reported in October 2024 was well ahead of the market forecast, which had...

FxWirePro- Major Economic events for th day

Time (GMT) Currency Event Impact Actual Forecast Previous 7:30 AM CHF CPI...

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...

Politics

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

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

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...

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...
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