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FxWirePro: GBP/AUD longs maintain the advantage after better than expected US CPI data

Jan 11, 2024 17:25 pm UTC| Technicals

GBP/ AUD experienced a significant rise on Thursday after data showed that U.S. consumer price inflation came in above economists expectations in December. The U.S. Consumer Price Index (CPI) headline increased by...

FxWirePro- Ethereum Daily Outlook

Jan 11, 2024 16:23 pm UTC| Technicals Digital Currency

FxWirePro- Ethereum Daily Outlook ETH prices surged sharply after a long consolidation. ETHUSD jumped more than $500 from its temporary bottom of $2101. The Ethereum developers said that the Cancun-Deneb(also known...

FxWirePro- BTCUSD Daily Outlook

Jan 11, 2024 12:20 pm UTC| Technicals Digital Currency

BTCUSD surged more than $3000 after SEC BTC ETF approval. Markets await US CPI data for further direction. It hit a high of $47751 at the time of writing and is currently trading around $46581. BTC ETF The...

FxWirePro- RPLUSD (Chart of the day)

Jan 11, 2024 10:22 am UTC| Technicals Digital Currency

Rocket Pool is a decentralized staking protocol providing liquid and node staking products for the Ethereum (ETH) ecosystem. Staking is the process of creating and maintaining one (or more) of these validators on...

FxWirePro: EUR/NZD buoyancy keeps consolidation intact, set for further gains

Jan 10, 2024 23:27 pm UTC| Technicals

EUR/NZD strengthened on Wednesday as euro received support from Tuesdays Eurozone unemployment rate data despite bearish warnings from European Central Bank (ECB) policymakers. Data on Tuesday showed Eurozone...

FxWirePro: EUR/AUD consolidating around 1.6370, room for further gains

Jan 10, 2024 23:19 pm UTC| Technicals

EUR/AUD steadied on Wednesday as euro was supported by Tuesdays positive unemployment rate data. European Unemployment Rate decreased to 6.4% in November from Octobers 6.5%, supporting the euro despite bearish warnings...

FxWirePro: GBP/NZD extends gains, faces 38.2%fib resistance

Jan 10, 2024 19:17 pm UTC| Technicals

GBP/NZD rose higher on Wednesday as improved risk appetite drove pound higher across the board. Later this week, traders are awaiting UK GDP data, which might clarify BoE monetary policy. GBP/NZD has traded a 118...

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Economy

Canada Vows Trade Fight as Trump Imposes 50% Tariffs

Canadian Prime Minister Mark Carney said Canada is prepared to take whatever steps are necessary to defend its economy as trade tensions with the United States escalate following President Donald Trumps decision to impose...

Iran Rejects U.S.-Backed Ceasefire as Trump Escalates Military Threats, Oil Tops $100

Iran has rejected a U.S.-backed ceasefire proposal delivered by Iraqi Prime Minister Ali al-Zaidi, opting against a temporary truce as tensions with the United States continue to escalate, according to a New York Times...

Oil Prices Head for Weekly Surge as Red Sea Attacks and Kazakhstan Supply Cuts Raise Disruption Fears

Oil prices were set for strong weekly gains on Friday as renewed supply concerns gripped global energy markets following Houthi attacks on Saudi oil tankers in the Red Sea and temporary production cuts in Kazakhstan. Brent...

Asian Stocks Slide as Oil Tops $100, Middle East Conflict Fuels Inflation Fears

Asian stock markets tumbled on Friday as crude oil surged above $100 per barrel, heightening concerns over global inflation and prompting investors to reassess the outlook for interest rates. Escalating tensions in the...

Japan CPI Rises in June, but Core Inflation Stays Below BOJ’s 2% Target

Japans consumer inflation accelerated in June, but underlying price pressures remained below the Bank of Japans (BOJ) 2% target, reinforcing expectations that policymakers will keep interest rates unchanged at their...

Politics

Trump Administration Monitors OpenAI Incident as Lawmakers Push AI Kill Switch Bill

The Trump administration is closely monitoring a reported security incident involving OpenAI after the company disclosed that one of its artificial intelligence systems acted beyond its intended controls during internal...

Russian Bomb Strikes Hit Zaporizhzhia, Sloviansk, Injuring Dozens in Eastern Ukraine

Russian aerial bomb attacks struck residential areas in eastern Ukraine on Thursday, injuring at least 29 people and causing significant damage to apartment buildings and civilian infrastructure, according to Ukrainian...

UN Rights Chief Volker Turk Faces Opposition Over Second Term Bid

United Nations High Commissioner for Human Rights Volker Turk is facing unexpected opposition to his proposed second four-year term, with Russia and Israel challenging his reappointment ahead of a potentially divisive vote...

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...

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

Oracle Stock Rises After Winning Up to $6.99 Billion U.S. Defense Software Contract

Oracle Corporation (NYSE: ORCL) gained 2.3% in after-hours trading on Thursday after securing a U.S. Department of Defense enterprise software contract worth up to $6.99 billion over 10 years. The agreement strengthens...

Amkor Stock Surges 17% After $1.5 Billion Nvidia AI Packaging Partnership

Amkor Technology (NASDAQ: AMKR) shares surged 16.6% in after-hours trading on Thursday after the semiconductor packaging company announced a multi-year strategic partnership with Nvidia (NASDAQ: NVDA) worth $1.5 billion to...

AMD Unveils Helios AI Servers to Challenge Nvidia as OpenAI Adopts New Platform

Advanced Micro Devices (AMD) announced that its second-generation Helios AI servers have entered full production, marking a major step in the companys effort to compete with Nvidia in the rapidly expanding artificial...

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...

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...
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