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FxWirePro: GBP/AUD steadies above 1.8650, retains bid tone

Jul 23, 2021 18:42 pm UTC| Technicals

GBP /AUD strengthened on Friday as slightly weaker Australian dollar upbeat UK retail sales data boosted the pair. British retail sales resumed their post-lockdown recovery in June. Retail sales rose by 0.5% in June...

Daily Commodity Tracker - 23rd July, 2021

Jul 23, 2021 13:19 pm UTC| Technicals

Daily Commodity...

FxWirePro: WTI recovery falters at 21-EMA, traders await weekly US Oil Rig Count data

Jul 23, 2021 13:07 pm UTC| Technicals

USOIL chart - Trading View West Texas Intermediate (WTI) was trading in a tight range, with session high at 72.08 and low at 71.49. Oil prices swift recovery from multi-week lows at 65.11 hit on 20th July seems to...

FxWirePro: Copper extends bounce off 110-EMA, inches closer towards daily cloud

Jul 23, 2021 12:41 pm UTC| Technicals

COPPER chart - Trading View Copper was extending bullish streak for the 4th straight session. Price action is just shy of the daily cloud and technical indicators are turning bullish. Copper was trading 1.36%...

FxWirePro: GBP/CHF extends gains for the 3rd straight session, trades above 21-EMA

Jul 23, 2021 12:18 pm UTC| Technicals

GBP/CHF chart - Trading View GBP/CHF was trading 0.21% higher on the day at 1.2669 at around 12:10 GMT. The pair is extending gains for the 3rd consecutive session, further upside on charts. Price action has...

FxWirePro- Major Pair levels and bais summary

Jul 23, 2021 12:11 pm UTC| Technicals

Major Pair levels and bais...

FxWirePro- EURUSD trade weak despite upbeat German PMI, good to sell on rallies

Jul 23, 2021 12:02 pm UTC| Technicals

Ichimoku analysis (1-Hour chart) Tenken-Sen- 1.17963 Kijun-Sen- 1.17866 EURUSD is trading weak despite strong German PMIs. The services PMI came at 62.2 in Jul, the highest level since 1997. The dovish...

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Economy

Oman Proposes Strait of Hormuz Plan as U.S., Iran Remain Divided Over Shipping Fees

Oman has presented Iran with a Gulf-backed proposal aimed at restoring stability in the Strait of Hormuz, including a system of voluntary contributions from ships using the strategic waterway, according to Reuters citing a...

Chile Central Bank Holds Interest Rate at 4.5% as Inflation and Global Risks Persist

Chiles central bank left its benchmark interest rate unchanged at 4.5% on Tuesday, in line with market expectations, as policymakers weighed persistent inflation against slowing domestic economic activity and ongoing...

Gold Prices Fall 1% Ahead of Fed Decision as Markets Watch Warsh, Iran Talks

Gold prices dropped about 1% on Tuesday as investors turned cautious ahead of the Federal Reserves highly anticipated interest rate decision, with easing oil prices reducing inflation concerns but failing to support demand...

Australia Inflation Cools as Core CPI Misses Forecasts, Easing RBA Rate Hike Pressure

Australias inflation eased in the June quarter, with softer fuel prices helping slow overall consumer price growth and core inflation coming in below market expectations. The latest data strengthens the case for the...

US Dollar Slips Ahead of Fed Decision as Oil Prices Ease Inflation Fears

The U.S. dollar weakened on Tuesday, retreating from a more than one-month high as falling oil prices eased inflation concerns ahead of the Federal Reserves closely watched interest rate decision. The U.S. Dollar Index...

Politics

California ICE Detention Center Found to Have Inadequate Medical Care, Court Monitor Says

A court-appointed monitor has concluded that Californias largest immigration detention center failed to provide adequate medical care to detainees, finding the facility out of compliance with a previous federal court order...

US Intercepts Iranian Ballistic Missiles as Middle East Tensions Escalate

The U.S. military said it successfully intercepted multiple ballistic missiles launched by Iran toward American forces in the Middle East on Tuesday, describing the attack as an attempted surprise strike amid heightened...

Trump, Zelenskiy Discuss Patriot Missile Production and Ukraine Peace Talks

U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskiy met in Washington on Tuesday to discuss reviving peace negotiations with Russia, expanding Ukraines air defense capabilities, and strengthening...

U.S., Saudi Forces Launch Precision Strikes on Iran-Backed Militants in Iraq

The U.S. military announced Tuesday that American and Saudi Arabian armed forces carried out coordinated precision strikes in Iraq targeting Iran-backed militant groups accused of threatening regional security. According...

Zelenskiy Urges Trump for More Anti-Ballistic Missile Systems to Strengthen Ukraine Defense

Ukrainian President Volodymyr Zelenskiy said on Tuesday that he used his visit to Washington to press U.S. President Donald Trump and key U.S. senators for additional anti-ballistic missile systems and interceptors,...

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

X Challenges Australia’s Expanded Social Media Ban Enforcement Powers

Elon Musks social media platform X has criticized Australias proposal to expand the powers of its online safety regulator, arguing the changes could conflict with U.S. law, threaten international legal principles, and...

Meta CEO Zuckerberg Opposes U.S. Ban on Chinese AI Models, Warns Against Overregulation

Meta CEO Mark Zuckerberg has urged the U.S. government not to prohibit advanced Chinese artificial intelligence models, arguing that such restrictions would not help the United States maintain its competitive edge in the...

Trump Administration to Ban Chinese Robots, Power Inverters Over AI Security Concerns

The Trump administration is set to introduce new restrictions on Chinese technology imports, targeting advanced robots and power inverters as part of a broader effort to strengthen U.S. national security and protect the...

TSMC Gradually Restarts Japan Chip Plant After Kumamoto Earthquake

Taiwan Semiconductor Manufacturing Co. (TSMC), the worlds largest contract chipmaker, has started gradually restoring operations at its Japan semiconductor facility after a powerful earthquake in Kumamoto Prefecture forced...

SK Hynix Q2 Profit Hits Record as AI Memory Chip Demand Fuels Growth

SK Hynix reported record second-quarter earnings as surging demand for artificial intelligence memory chips and stronger memory pricing drove exceptional growth, reinforcing its position as one of the biggest beneficiaries...
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