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FxWirePro: GBP/NZD neutral in the near-term, scope for downward resumption

May 13, 2021 17:55 pm UTC| Technicals

GBP/NZD declined on Thursday as profit taking hinder the pairs upside progress. The pair hit daily low at 1.9525, it was last down 0.58% at GMT 18:36. The pair is approaching 38.2% retracement at 1.9517, a daily...

FxWirePro: Daily Commodity Tracker - 13th May, 2021

May 13, 2021 16:51 pm UTC| Technicals

Daily Commodity...

FxWirePro- Major pair levels and bias summary

May 13, 2021 16:25 pm UTC| Technicals

Major pair levels and bias...

FxWirePro:EUR/AUD bulls lose traction, cannot add to overnight gains

May 13, 2021 16:17 pm UTC| Technicals

EUR/AUD initially gained on Thursday but gave up some ground as investors booked profits from recent gains. After four-days gain, pair has retreated to 1.5628 EUR/AUD may need a break above 23.6% fib to clear assault on...

FxWirePro:GBP/AUD key resistance capped, but charts point north

May 13, 2021 15:44 pm UTC| Technicals

GBP/AUD retreated on Thursday from highs as the pair ran into resistance after ticking up from 1.8148. GBP has been consolidating of late, partly on vaccine successes and ushering rise in UK economic growth. ...

FxWirePro- BTCUSD Daily Outlook

May 13, 2021 13:45 pm UTC| Technicals

Ichimoku analysis (Daily chart) Tenken-Sen- $54066 Kijun-Sen- $54800 BTCUSD plunged more than 15% after Elon Musk Tweet. He tweeted that Tesla had stopped accepting Bitcoin payments because of...

FxWirePro- EURUSD Daily outlook

May 13, 2021 13:39 pm UTC| Technicals

Ichimoku analysis (1-Hour chart) Tenken-Sen- 1.21127 Kijun-Sen- 1.21269 EURUSD jumped from an intraday low of 1.20513 today despite upbeat US PPI data. The US Producer price index rose to 0.6% in Apr compared to...

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Economy

Fitch Cuts Global Growth Outlook for 2026 as Oil Shock From U.S.-Iran Conflict Weighs on Economy

Fitch Ratings has lowered its global economic growth forecast for 2026 and increased its crude oil price projections, citing the ongoing economic fallout from the U.S.-Iran conflict. The ratings agency warned that elevated...

Indonesia Central Bank to Draft New Regulations After Expanded Economic Growth Mandate

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UK House Prices Slip for Third Straight Month as Borrowing Costs and Iran Conflict Weigh on Demand

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RBI Holds Interest Rates at 5.25%, Cuts India Growth Forecast Amid Rising Global Risks

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US Dollar Poised for Weekly Gain as Middle East Tensions and Payroll Data Boost Market Focus

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Politics

Trump Forced Labour Tariff Plan Faces Criticism as Experts Question Effectiveness

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Putin Says Ukraine War Could End Through Compromise as Russian Forces Continue Advances

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Colombia Election 2026: Ivan Cepeda Shifts Stance on Constitutional Reform to Court Centrist Voters

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Kennedy Center Ordered to Remove Trump Name Following Federal Court Ruling

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US Sanctions Cuban President Miguel Diaz-Canel and Key Officials Amid Rising Tensions

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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

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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

US Officials Explore AI Company Equity Stakes Ahead of OpenAI and Anthropic IPO Plans

Senior U.S. government officials have reportedly held preliminary discussions with leading artificial intelligence companies regarding the possibility of the federal government acquiring equity stakes in their businesses....

Switch Eyes Multi-Billion-Dollar Funding Round at $50 Billion Valuation Ahead of Potential IPO

Data center operator Switch is reportedly in discussions to raise billions of dollars in a new funding round that could value the company at more than $50 billion, according to a report from The Information. The potential...

South Korea Weighs AI Profit Sharing as Samsung and SK Hynix Earnings Surge

South Koreas Labor Minister Kim Young-hoon has called for a national discussion on how to distribute the extraordinary profits generated by the countrys booming artificial intelligence (AI) and semiconductor industries....

Jensen Huang Strengthens Nvidia’s South Korea Ties Amid AI Expansion

Nvidia CEO Jensen Huang is set to make his second visit to South Korea in just seven months, underscoring the countrys growing importance in the global artificial intelligence ecosystem. Beyond high-level business...

Meta Delays Release of New AI Model as API Rollout Remains Uncertain

Meta Platforms Inc. (NASDAQ: META) has reportedly postponed the release of its latest artificial intelligence model to developers several times, with no confirmed launch date currently in place. According to a Wall Street...
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