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FxWirePro: USD/JPY extends sideways grind above 21-EMA support, investors await US NFP data

Nov 04, 2022 05:09 am UTC| Technicals

Chart - Courtesy Trading View USD/JPY was trading 0.21% lower on the day at 147.94 at around 04:25 GMT, technical outlook remains bullish. The pair is extending sideways above 21-EMA support, cautious optimism prevails...

FxWirePro: EUR/AUD consolidating around 1.5500,good to buy on dips

Nov 03, 2022 23:49 pm UTC| Technicals

EUR/AUD steadied around 1.5500 on Thursday as the pair is supported by hawkish commentary from Federal Reserve Chair Jerome Powell. The pair is currently approaching resistance at 38.2 % fib. Break above will push the...

FxWirePro: GBP/AUD shorts look for key support breaks as BoE warns of long recession

Nov 03, 2022 23:31 pm UTC| Technicals

GBP /AUD declined on Thursday as Bank of England warned UK economy was heading for a long recession. The BoE increased Bank Rate to 3% from 2.25% and warned that the British economy might not grow for another two...

FxWirePro :GBP/NZD heads deeper into bear territory, plunge to test a key fibo grows

Nov 03, 2022 17:53 pm UTC| Technicals

GBP/NZD declined on Thursday as pound attracted sellers after BoE warned that the economy was heading for a long recession even as it raised rates . The GBP/NZD was already down on Thursday after the Fed meeting but...

FxWirePro: Daily Commodity Tracker - 3rd November, 2022

Nov 03, 2022 16:33 pm UTC| Technicals

Daily Commodity...

FxWirePro: AUD/NZD hits fresh 7-month lows, outlook bearish

Nov 03, 2022 16:19 pm UTC| Technicals

Chart - Courtesy Trading View Technical Analysis: - AUD/NZD was trading 0.06% lower on the day at 1.0892 at around 16:10 GMT - The pair is extending weakness below 200-DMA, outlook is bearish - Price action is...

FxWirePro- Gold Daily Outlook

Nov 03, 2022 11:32 am UTC| Technicals

Ichimoku Analysis (4-hourchart) Tenken-Sen- $1644.82 Kijun-Sen- $1644.82 Gold declined sharply after the hawkish Fed rate hike. The central bank hiked its rates by 75 bpbs to a range of 3.75% to 4%....

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Economy

UK House Prices Record First Monthly Decline Since December as Iran Conflict Dampens Market Confidence

Britains housing market experienced its first monthly decline in house prices since December, with values falling by 0.6% in May 2026 as economic uncertainty linked to the Iran conflict weakened buyer demand, according to...

German Retail Sales Decline Less Than Expected in April 2026

Germanys retail sales recorded a smaller-than-expected decline in April 2026, offering a mixed signal about consumer spending in Europes largest economy. According to data released on Monday by the Federal Statistical...

India Manufacturing Growth Accelerates in May Despite Rising Costs

Indias manufacturing sector recorded its strongest growth in three months during May, supported by robust demand and a rise in new orders, according to the latest HSBC India Manufacturing Purchasing Managers Index (PMI)...

Asian Currencies Hold Steady as U.S. Dollar Gains on Inflation and Middle East Concerns

Asian currencies traded within narrow ranges on Monday as investors closely monitored ongoing geopolitical tensions in the Middle East and rising inflation risks that could keep U.S. interest rates higher for longer. The...

Jerome Powell Warns Against Politicizing the Federal Reserve, Defends Democratic Institutions

Former U.S. Federal Reserve Chair Jerome Powell has issued a strong warning about the dangers of political interference in the Federal Reserve, while urging Americans to protect key democratic institutions. Powell made the...

Politics

Colombia Presidential Runoff Set as Abelardo De La Espriella Leads Ivan Cepeda in First Round

Colombia is heading toward a highly anticipated presidential runoff election after right-wing outsider Abelardo De La Espriella secured a narrow lead over leftist candidate Ivan Cepeda in the first round of voting....

US-Iran Tensions Escalate as New Strikes Threaten Ceasefire and Impact Global Oil Markets

The conflict between the United States and Iran intensified over the weekend as both sides exchanged fresh military strikes, raising concerns about the stability of the fragile ceasefire and the broader economic impact of...

Trump Says Iran Wants U.S. Deal as Tensions Continue Amid Ongoing Conflict

U.S. President Donald Trump said Monday that Iran is eager to reach an agreement with the United States, expressing confidence that a potential deal would benefit both Washington and its allies despite ongoing military...

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....

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

Morgan Stanley Upgrades Winbond and Nanya to Overweight on Strong Memory Chip Market Outlook

Morgan Stanley has upgraded two major Greater China semiconductor stocks, Winbond Electronics Corp. and Nanya Technology Corp., from Equal-weight to Overweight, citing strengthening memory chip prices and expanding growth...

SoftBank Becomes Japan’s Most Valuable Company as AI-Fueled Rally Drives Shares to Record High

SoftBank Group Corp. (TYO: 9984) surged to a record high on Monday, driven by growing investor confidence in the artificial intelligence sector and the companys expanding exposure to AI-related technologies. The Japanese...

Nvidia Unveils RTX Spark AI PC Chips, Expands Challenge to Intel, AMD, and Apple

Nvidia has officially entered the Windows PC processor market with the launch of its new RTX Spark platform, unveiled by CEO Jensen Huang during his keynote presentation at COMPUTEX in Taiwan. The announcement marks a...

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...