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FxWirePro- BTCUSD Daily Outlook

Dec 20, 2023 13:01 pm UTC| Technicals Digital Currency

BTCUSD was one of the best performers this month. It surged more than $7000 from the previous months close. It hit a high of $44729 and is currently trading around $42952. Reasons for price jump- Fed monetary...

FxWirePro :EUR/NZD range bound short term, primary trend still lower

Dec 19, 2023 23:30 pm UTC| Technicals

EUR/NZD traded in tight range on Tuesday as investors awaited for more catalyst for further movement despite coolingEurozone inflation . Data showed that eurozone inflation dropped considerably to 2.4% year on year in...

FxWirePro: GBP/NZD idles in narrow range as focus turns to UK inflation data

Dec 19, 2023 23:12 pm UTC| Technicals

GBP/NZD traded in narrow range on Tuesday as traders prepared for UK inflation data on Wednesday. On Wednesday, data is likely to indicate that headline inflation in the United Kingdom was 4.4% year on year in...

FxWirePro:EUR/AUD downside pressure builds after RBA Minutes confirm hawkish hold

Dec 19, 2023 17:47 pm UTC| Technicals

EUR/AUD declined on Tuesday as Australian dollar strengthened across the board after RBA retained hawkish bias by revealing they discussed hiking. The minutes from the RBA December 5 meeting, revealed that the central...

FxWirePro: GBP/AUD short had control, kept It after RBA minutes

Dec 19, 2023 16:45 pm UTC| Technicals

GBP/AUD declined on Monday as hawkish RBA rate outlook boosted Australian dollar against pound . The minutes of the Reserve Bank of Australias December policy meeting revealed that the central bank contemplated raising...

FxWirePro-Major pair levels and bias summary

Dec 19, 2023 13:42 pm UTC| Technicals

Major pair levels and bias...

FxWirePro: EUR/NZD gains some upside momentum but still bearish

Dec 18, 2023 23:03 pm UTC| Technicals

EUR/NZD initially gained on Monday but gains faded as the pair was weighed down by data showing weak German Ifo data. The Ifo institute reported that its business climate index stood at 86.4, falling short of analysts...

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Economy

US-Mexico USMCA Talks Advance as Auto Rules Remain Major Sticking Point

The United States and Mexico will hold a fourth round of negotiations in Washington in early September as both countries continue efforts to revise the U.S.-Mexico-Canada Agreement (USMCA), despite significant...

Japan’s Nikkei Slides Over 2% as Alphabet Selloff Sparks AI Spending Concerns

Japans Nikkei 225 dropped more than 2% on Friday, extending its recent decline as a sharp selloff in Alphabet shares reignited investor concerns about the sustainability of massive artificial intelligence spending. Weak...

Gold Price Holds Weekly Gain as Middle East Tensions and Fed Rate Outlook Drive Market

Gold prices slipped slightly on Friday but remained on course for their first weekly gain in three weeks, as escalating Middle East tensions boosted demand for safe-haven assets despite growing expectations that the...

BOJ Seen Holding Rates at 1% While Keeping Inflation Risk Warning

The Bank of Japan (BOJ) is expected to keep its key interest rate at 1% at next weeks policy meeting while maintaining its warning that inflation could exceed its 2% target, according to sources familiar with the central...

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...

Politics

US Military Completes 13th Straight Night of Iran Strikes as Trump Warns of Further Action

The U.S. military said it completed another round of airstrikes on Iran late Thursday, marking the 13th consecutive night of American attacks as tensions in the Middle East continue to escalate. According to the U.S....

Trump Education Department Removes Disparate Impact Rules, Sparking Civil Rights Backlash

The U.S. Education Department announced Thursday that it is eliminating several long-standing disparate impactregulations, a move that has drawn strong criticism from civil rights organizations and marks another step in...

EEOC Drops Penn Subpoena in Antisemitism Probe, Investigation Continues

The U.S. Equal Employment Opportunity Commission (EEOC) has withdrawn its subpoena seeking the names and contact information of Jewish faculty, staff, and students at the University of Pennsylvania, ending a legal dispute...

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...

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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