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FxWirePro: AUD/USD holds higher ground, aussie bulls cheer RBA minutes and optimistic remarks on economic recovery

May 18, 2021 04:42 am UTC| Technicals

AUD/USD chart - Trading View AUD/USD was trading just shy of 0.78 handle as the pair remains buoyed amid US dollar weakness and upbeat RBA minutes. The Reserve Bank of Australia released the Minutes of the May Board...

FxWirePro:GBP/AUD bulls gear up for next leg higher, eyes 1.8300 level

May 17, 2021 19:58 pm UTC| Technicals

GBP/AUD gained ground on Monday as gradual easing of coronavirus lockdown in UK supported some buying interest. The rallied above 1.8200 psychological level,lift stops after finding resistance at 1.8212 (23.6%fib)...

FxWirePro:EUR/AUD rises to highest level since 26th Feb,bias is bullish

May 17, 2021 18:24 pm UTC| Technicals

EUR/AUD rose on Monday as fears of a new wave of COVID-19 infections in Asia dampened demand for risk-sensitive Australian dollar. The pair currently is approaching resistance at 1.5701((23.6% fib). A break above...

FxWirePro:EUR/NZD getting back on track for a run towards 1.6900, good to buy on dips

May 17, 2021 18:00 pm UTC| Technicals

EUR/NZD made strong gains on Monday as New Zealand dollar weakened as investors became cautious and cut down on risk amid worries about increasing coronavirus restrictions in Asia . Todays sharp gains have put EUR/NZD...

FxWirePro- Major pair levels and bias summary

May 17, 2021 16:28 pm UTC| Technicals

Major pair levels and bias...

FxWirePro: Daily Commodity Tracker - 17th May, 2021

May 17, 2021 16:15 pm UTC| Technicals

Daily Commodity...

FxWirePro- BTCUSD Daily Outlook

May 17, 2021 16:00 pm UTC| Technicals

Ichimoku analysis (Daily chart) Tenken-Sen- $51686 Kijun-Sen- $51686 BTCUSD continues to trade lower for third consecutive days and lost more than $8000. The Bitcoin surged more than 7% intraday after...

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Economy

Asian Stocks Tumble as Tech Selloff Deepens Ahead of Fed Decision, Big Tech Earnings

Asian stock markets posted steep losses on Wednesday as a sharp technology sector selloff continued for a second day, with South Korea leading regional declines ahead of the U.S. Federal Reserves policy announcement and...

Gold Price Holds Near $4,025 Ahead of Fed Decision as Middle East Tensions Lift Oil

Gold prices traded little changed during Asian trading on Wednesday as investors stayed cautious ahead of the U.S. Federal Reserves closely watched interest rate decision, while renewed geopolitical tensions in the Middle...

Hong Kong Home Prices Extend Winning Streak With 13th Straight Monthly Gain in June

Hong Kong home prices continued their upward momentum in June, marking the 13th consecutive month of gains, although the pace of growth slowed as the property market faced fresh economic headwinds. According to data...

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...

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...