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AUDJPY Faces Headwinds: Selling on Rallies Advised as Bearish Trend Emerges

Jul 02, 2026 08:53 am UTC| Technicals

AUDJPY pared its gains made yesterday on board-based yen buying. It hits an intraday low of 111.21 and is now trading close to 111.47. Technicals CMP...

NZDJPY Pullback: Bearish Trend Favors Sellers Below 92.50 Resistance

Jul 02, 2026 08:30 am UTC| Technicals

NZDJPYlost its shine after a minor pullback.It peaked at 92.44yesterday and now sits around 91.75. If the 92.50 resistance holds, the downtrend appears to be trending toward...

FxWirePro: USD/CNY bears maintain upper hand

Jul 02, 2026 04:33 am UTC| Technicals

USD/CNY dipped on Thursday as yuan firmed ahead U.S. jobs data that could shape the Federal Reserves rate outlook. U.S. non-farm payrolls data is expected to show U.S. employers added 110,000 jobs in June, with the...

FxWirePro USD/JPY eases slightly ahead Of US June jobs report

Jul 02, 2026 04:24 am UTC| Technicals

USD/JPY eased on Thursday as investors remained cautious ahead of the U.S. nonfarm payrolls report, a key event that could shape expectations for Federal Reserve policy.. The Japanese yen has been one of the biggest...

FxWirePro: AUD/USD struggles to hold gains ahead of US jobs data

Jul 02, 2026 04:06 am UTC| Technicals

AUD/USD struggled to sustain gains above the 0.6900 level on Thursday as investors were cautious ahead of key U.S. labor market data. Markets largely took comments from Federal Reserve Chair Kevin Warsh in stride after...

FxWirePro: GBP/NZD sustains gains as uptrend remains strong

Jul 02, 2026 00:13 am UTC| Technicals

GBP/NZD steadied on Wednesday as traders digested speeches from Bank of England Governor Andrew Bailey and Federal Reserve Chair Kevin Warsh. Bank of England Governor Andrew Bailey said on Wednesday that the central...

FxWirePro: GBP/AUD gaining momentum for a move towards 1.9350 level

Jul 02, 2026 00:01 am UTC| Technicals

GBP/AUD strengthened on Wednesday as investors digested Bank of England Governor Andrew Bailey comments. The Bank of England is not in a position to consider cutting interest rates, Governor Andrew Bailey said ​on...

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Economy

ECB's Kocher Says No Inflation Spillover Yet From Iran Conflict, Warns Risks Remain

The European Central Bank (ECB) does not currently see evidence that the U.S.-Israeli conflict with Iran is triggering broader inflationary pressures across the euro area, although policymakers remain alert to potential...

Asian Stocks Rise as Softer U.S. Inflation Boosts Sentiment Despite Middle East Tensions

Asian stock markets traded mostly higher on Wednesday after weaker-than-expected U.S. inflation data eased expectations of a near-term Federal Reserve interest rate hike, although escalating tensions in the Middle East...

Asian Currencies Stay Rangebound as Middle East Tensions, Weak China GDP Weigh on Sentiment

Most Asian currencies traded in narrow ranges on Wednesday as investors remained cautious over escalating tensions in the Middle East and weaker-than-expected Chinese economic growth, despite a softer U.S. dollar following...

China Home Prices Fall Again in June Despite Slower Pace of Decline

Chinas new home prices continued to decline in June, highlighting the ongoing challenges facing the countrys property market despite signs that the pace of deterioration is easing. Official data released by the National...

US Inflation Expected to Ease in June, but Fed Rate Hike Risks Persist Amid Middle East Tensions

U.S. consumer inflation likely eased in June, but economists say the slowdown may provide little relief for households or significantly reduce the likelihood of another Federal Reserve interest rate hike later this year,...

Politics

Trump Administration Launches AI Cybersecurity Partnership to Protect Critical Infrastructure

The Trump administration is launching a new initiative to strengthen U.S. cybersecurity by bringing together leading artificial intelligence developers and operators of critical infrastructure to identify and address...

Trump Administration Bars U.S. Travelers From Congo Flights Amid Ebola Outbreak

The Trump administration has imposed new travel restrictions on American citizens who have recently been in the Democratic Republic of Congo (DRC), preventing them from boarding commercial flights to the United States as...

Trump to Deliver National Address on 2020 Election Intelligence, Voting Machine Security

President Donald Trump is set to deliver a national address on Thursday night, outlining newly declassified intelligence related to the 2020 U.S. presidential election and discussing what the White House describes as...

Trump Says U.S. Strikes on Iran Will Continue Until Nuclear Deal Is Reached

U.S. President Donald Trump said Tuesday that the United States remains in direct contact with Iranian officials but warned that military operations against Iran will continue until Tehran agrees to a new deal, signaling...

Trump Administration Bars U.S. Travelers From Congo Flights Amid Ebola Outbreak

The Trump administration has imposed new travel restrictions on American citizens in the Democratic Republic of Congo (DRC) as the country faces a worsening Ebola outbreak, according to a White House official. Under the...

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

ASML Raises 2026 Outlook as AI Chip Demand Lifts Q2 Earnings

ASML Holding (AS: ASML) reported stronger-than-expected second-quarter 2026 earnings on Wednesday, fueled by robust demand for artificial intelligence (AI) chip manufacturing equipment and higher sales from its installed...

Arm Stock Falls After HSBC Downgrade, Citing Limited Near-Term AI Upside

Arm Holdings shares came under pressure after HSBC downgraded the semiconductor designer to hold from buy,arguing that the companys recent rally has already priced in much of its long-term artificial intelligence (AI)...

SK Hynix Stock Soars as AI Memory Demand Outlook Fuels Chip Rally

SK Hynix shares surged nearly 13% in Seoul on Wednesday, leading a broad rally in South Korean semiconductor stocks as easing U.S. inflation and renewed optimism over artificial intelligence (AI) memory demand boosted...

Yaskawa Electric Shares Slide as Weak Profit Overshadows Strong AI Demand

Yaskawa Electric Corp. (TYO:6506) shares extended losses for a second consecutive session on Tuesday after the Japanese robotics and factory automation company reported weaker-than-expected quarterly earnings, with...

Australia Flags Child Safety Gaps at Apple, Meta, Google Over Online Sexual Extortion

Australias online safety regulator has warned that major technology companies, including Apple, Meta, Google, Microsoft and Snap, still have significant shortcomings in tackling child sexual abuse and the rising threat of...
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