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FxWirePro- GBPJPY Daily Outlook

Feb 28, 2023 08:02 am UTC| Technicals

GBPJPY jumped more than 150 pips yesterday on a strong pullback in the Pound sterling. It hits a high of 164.624 at the time of writing and is currently trading around 164.627. GBPUSD- Trend- Bullish The...

FxWirePro: AUD/JPY erases early gains, struggles for direction at 55-EMA support

Feb 28, 2023 06:29 am UTC| Technicals

Chart - Courtesy Trading View AUD/JPY slips lower from session highs at 91.99 and was trading at 91.66, down 0.05% on the day at 06:20 GMT. Data released by the Australian Bureau of Statistics earlier on Tuesday...

FxWirePro: USD/JPY extends sideways grind below 200-DMA, decisive break above to propel the pair higher

Feb 28, 2023 05:51 am UTC| Technicals

Chart - Courtesy Trading View Spot Analysis: USD/JPY was trading 0.16% higher on the day at 136.34 at around 05:30 GMT. Previous Weeks High/ Low: 136.51/ 133.91 Previous Sessions High/ Low: 136.55/...

FxWirePro- Gold Daily Outlook

Feb 28, 2023 05:06 am UTC| Technicals

Ichimoku Analysis (4-hour chart) Tenken-Sen- $1813.47 Kijun-Sen- $1826.43 Gold prices showed a minor pullback on short covering. The US dollar index declined below the 105 level after weak US durable...

FxWirePro: AUD/USD struggles to extend gains despite upbeat Australian Retail Sales, US Dollar bounce caps upside

Feb 28, 2023 04:36 am UTC| Technicals

Chart - Courtesy Trading View AUD/USD was trading 0.04% lower on the day at 0.6735 at around 04:00 GMT, fails to extend previous sessions momentum. Upbeat Australian Retail Sales data fails to impress Aussie bulls,...

FxWirePro:EUR/ AUD extends gains, faces 23.6%fib resistance

Feb 27, 2023 22:58 pm UTC| Technicals

EUR/ AUD strengthened on Monday as month-end flows and narrowing of eurozone and U.S. interest rate differentials supported the pair . EUR/ AUD is now on course to register a close above the 23.6%fib resistance, if...

FxWirePro:GBP/NZD rises towards 1.9550 on new Brexit deal, room for further gains

Feb 27, 2023 18:12 pm UTC| Technicals

GBP/NZD rose past 1.9500 level on Monday as UK-EU Northern Ireland deal boosted sterling across the board GBP/NZD rose 1.02% to 1.9545 on news Britain and the EU had reached a deal on trade with Northern...

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Economy

Indian Government Bonds Seen Opening Steady Ahead of RBI Policy Decision

Indian government bonds are expected to begin the week on a cautious and stable note as investors shift their attention to the Reserve Bank of Indias (RBI) monetary policy announcement scheduled for June 5, 2026. Market...

China Manufacturing PMI Beats Forecasts as Export and Domestic Demand Stay Strong

Chinas manufacturing sector continued to expand in May 2026, with private survey data indicating stronger-than-expected growth driven by resilient domestic consumption and steady export demand. The latest RatingDog...

BCA Research Warns Iran and Ukraine Ceasefires May Offer Limited Relief for Global Markets

BCA Research analysts have cautioned that potential ceasefires in both Iran and Ukraine may provide only temporary support for global financial markets, as investors could be underestimating ongoing geopolitical risks and...

Rising Airfares May Challenge Cruise Industry Growth Ahead of 2027 Booking Season

The cruise industry could face increasing pressure in 2027 if high airfare prices continue to climb, according to a recent Deutsche Bank research report. The study highlights how rising airline ticket costs are already...

Brazil Extends Fuel Subsidies and Tax Relief Measures Through July 2026 Amid Global Oil Market Volatility

Brazils government has announced a two-month extension of its fuel subsidy and tax relief measures, ensuring that support programs remain in place until July 31, 2026. The decision aims to protect consumers and businesses...

Politics

Trump to Launch America 250 Celebration Amid Concert Cancellations

U.S. President Donald Trump is set to headline the opening ceremony of a major event celebrating Americas 250th anniversary after several scheduled musical performers withdrew from the program, according to reports. The...

US Plans Faster Military Drawdown in Europe, NATO Allies Face Greater Defense Role

The United States is reportedly preparing to accelerate the reduction of its military presence across Europe, signaling a major shift in NATO defense strategy. According to a report published by Germanys Welt am Sonntag,...

US to Accelerate Troop Withdrawal from Europe, NATO Allies to Review Plans Next Month

The United States is reportedly preparing to speed up the withdrawal of its military personnel from bases across Europe, according to a report published by Germanys Welt am Sonntag. The newspaper cited an unnamed Pentagon...

Trump Adviser’s Investment in Thrive Capital Draws Scrutiny Over Federal Contracts

A senior adviser in President Donald Trumps administration is facing scrutiny after a report revealed his involvement in government contract matters connected to companies backed by a venture capital firm in which he held...

US Southern Command Chief Holds Rare Military Meeting With Cuban Officials at Guantanamo Bay

A rare high-level military meeting between the United States and Cuba took place at the perimeter of the U.S. Naval Station at Guantanamo Bay, marking a significant development in U.S.-Cuba relations amid growing...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

Technology

LG Electronics Stock Hits Record High on Nvidia AI Partnership Speculation

LG Electronics shares soared to a record high on Monday as investors reacted to growing speculation about a potential expansion of the companys artificial intelligence and robotics partnership with Nvidia. The South Korean...

Nvidia and Microsoft to Launch AI-Powered Windows PCs at Computex 2026

Nvidia and Microsoft are reportedly preparing to introduce a new generation of Windows PCs powered by Nvidia-designed processors, marking a significant step in the evolution of AI-enabled personal computing. According to...

SoftBank to Invest €75 Billion in France AI Data Center Expansion by 2031

SoftBank Group (TYO: 9984) has announced plans to invest up to 75 billion ($87.5 billion) in France to develop and operate 5 gigawatts (GW) of artificial intelligence data center capacity, marking one of the largest AI...

Kentucky School District Secures $27 Million in Social Media Addiction Lawsuit Settlements

A Kentucky school district has secured nearly $27 million in settlements from major social media companies over allegations that their platforms contributed to a growing student mental health crisis. The financial details,...

MongoDB Q1 FY2027 Earnings Beat Expectations, Raises Full-Year Outlook

MongoDB (NASDAQ: MDB) delivered stronger-than-expected first-quarter fiscal 2027 results, fueled by growing demand for its database platform among enterprises and organizations developing artificial intelligence...