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FxWirePro: EUR/GBP snaps 7-day bearish streak, pound dented on softer-than-expected UK CPI data

Feb 15, 2023 08:52 am UTC| Technicals

Chart - Courtesy Trading View EUR/GBP was trading 0.38% higher on the day at 0.8856 at around 07:50 GMT, breaks above 21-EMA. The pair has snapped a 7-day bearish streak and has spiked higher after the release of...

FxWirePro- USDCAD Daily Outlook

Feb 15, 2023 08:44 am UTC| Technicals

Intraday bias - Neutral USDCAD recovered slightly after mixed US CPI data. CPI for Jan came at 6.4% YOY, above the estimate of 6.2%. It has declined for the seventh consecutive month after peaking at 9.1% in Jun...

FxWirePro-EURUSD Daily Outlook

Feb 15, 2023 07:26 am UTC| Technicals

Ichimoku analysis (4-hour chart) Tenken-Sen- 1.07555 Kijun-Sen- 1.07299 EURUSD pared some of its gains on mixed US CPI. The inflation for Jan came at 6.4% YOY, above the estimate of 6.2%. The monthly...

FxWirePro: NZD/USD slips lower into daily cloud, bias bearish

Feb 15, 2023 07:14 am UTC| Technicals

Chart - Courtesy Trading View NZD/USD was trading 0.60% lower on the day at 0.6296 at around 06:30 GMT, bias remains bearish. Risk-off market sentiment previals after stronger-than-expected US CPI report bolstered...

FxWirePro: AUD/USD Daily Outlook

Feb 15, 2023 06:26 am UTC| Technicals

Chart - Courtesy Trading View Spot Analysis: AUD/USD was trading 0.72% lower on the day at 0.6933 at around 06:00 GMT. Previous Weeks High/ Low: 0.7011/ 0.6855 Previous Sessions High/ Low: 0.7029/...

FxWirePro- GBPJPY Daily Outlook

Feb 15, 2023 05:55 am UTC| Technicals

GBPJPY trades higher on the weak yen. It hits a high of 162.17 and is currently trading around 161.66. GBPUSD- Trend- Bearish The pound sterling showed a minor decline despite mixed UK jobs data. UK claimant...

FxWirePro: USD/JPY struggles to extend inflation-led gains, snaps two-day winning streak below cloud resistance

Feb 15, 2023 04:01 am UTC| Technicals

Chart - Courtesy Trading View USD/JPY was trading largely muted at 133.05 at around 03:45 GMT, struggles to extend previous sessions gains. The major has snapped at 2-day winning streak and has refreshed session lows...

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Economy

Asian Stocks Climb as AI Optimism Boosts Tech Shares; South Korea Leads Gains

Asian stock markets mostly advanced on Monday as strong investor confidence in artificial intelligence (AI) fueled gains in technology shares, helping markets look beyond ongoing uncertainty surrounding a potential...

Trump, Syrian President Sharaa Discuss Sanctions Relief and Economic Recovery in Phone Call

Syrian President Ahmed al-Sharaa and U.S. President Donald Trump held a phone conversation focused on Syrias economic recovery, the future of U.S. sanctions, and the latest developments in the Middle East, according to a...

US Stock Futures Rise as Hopes Grow for U.S.-Iran Peace Deal

U.S. stock index futures moved higher on Sunday evening as investors remained optimistic that a potential peace agreement between the United States and Iran could be reached soon. Ongoing diplomatic discussions between the...

Oil Prices Rebound Above $92 as Israel-Hezbollah Conflict Fuels Middle East Supply Concerns

Oil prices climbed sharply in Asian trading on Monday as escalating tensions between Israel and the Iran-backed Hezbollah group in Lebanon renewed fears of supply disruptions across the Middle East. The latest developments...

Gold Prices Hold Steady as Fed Rate Hike Expectations Offset Middle East Tensions

Gold prices remained largely unchanged during Asian trading on Monday as investors balanced ongoing geopolitical risks in the Middle East with growing expectations that the U.S. Federal Reserve could raise interest rates...

Politics

US Tightens AI Chip Export Rules, Impacting Nvidia and AMD Sales to Chinese Firms

The U.S. Department of Commerce has introduced new restrictions aimed at closing a potential loophole in the export of advanced artificial intelligence chips to Chinese companies. The move is expected to affect major...

U.S. Launches Strikes on Iranian Drone and Radar Facilities Following MQ-1 Drone Incident

The United States military carried out targeted strikes on Iranian radar installations and drone command-and-control facilities located in Goruk and Qeshm Island over the weekend, according to a statement released by U.S....

Indo-Pacific Nations Boost Defense Cooperation as China’s Military Rise Reshapes Regional Security

Indo-Pacific countries are accelerating military modernization and strengthening regional defense partnerships as concerns grow over Chinas expanding military capabilities and uncertainty surrounding long-term U.S....

US Pushes Israel-Lebanon De-Escalation Plan as Hezbollah Tensions Escalate in Southern Lebanon

The United States is intensifying diplomatic efforts to reduce tensions between Israel and Lebanon as clashes involving Hezbollah continue to threaten regional stability. U.S. Secretary of State Marco Rubio recently held...

One Nation Surges Ahead of Labor in Australian Poll Amid Backlash Over Property Tax Reforms

Australias right-wing populist party One Nation has overtaken the ruling Labor Party in a national opinion poll for the first time, reflecting growing voter dissatisfaction with the governments recent budget reforms and...

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...