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FxWirePro- EURUSD Daily outlook

Mar 04, 2021 09:48 am UTC| Technicals

Ichimoku analysis (4 Hour chart) Tenken-Sen- 1.20781 Kijun-Sen- 1.20874 EURUSD declined once again after a minor recovery till 1.21133. The US bond yield jumped more than 8% from a low of 1.39% made on...

FxWirePro: EUR/GBP grinds sideways along 200H MA support, outlook bearish

Mar 04, 2021 09:42 am UTC| Technicals

EUR/GBP chart - Trading View EUR/GBP was trading range bound on the day with session highs at 0.8653 and lows at 0.8628. The British pound buoyed across the board following UK budget announcement on...

FxWirePro- USDCHF Daily Outlook

Mar 04, 2021 09:10 am UTC| Technicals

Ichimoku analysis (4-Hour chart) Tenken-Sen- 0.91687 Kijun-Sen- 0.91140 USDCHF is trading weak for a third consecutive week and hits the highest level since Nov 2020. The surge in US bond yield in...

FxWirePro: GBP/CHF grinds higher for the 4th straight session, uptrend intact

Mar 04, 2021 07:46 am UTC| Technicals

GBP/CHF chart - Trading View GBP/CHF was trading 0.16% higher on the day at 1.2840 at around 07:30 GMT. The pair is extending gains for the 4th consecutive session and break above 200W MA. The British pound buoyed...

FxWirePro: AUD/USD holds marginal gains amid mixed Aussie data, further upside appears elusive amid US dollar strength

Mar 04, 2021 05:56 am UTC| Technicals

AUD/USD chart - Trading View AUD/USD was trading 0.19% higher on the day at 0.7789 at around 04:00 GMT, outlook remains neutral. Australian dollar failed to receive any boost from mixed Australian trade and retail...

FxWirePro- GBPJPY Daily outlook

Mar 04, 2021 05:47 am UTC| Technicals

Ichimoku Analysis (Daily Chart) Tenken-Sen- 148.86 Kijun-Sen- 146.31 GBPJPY recovered more than 200 pips from a low of 147.28 on weak Yen. The yen is trading against all majors on a surge in US bond...

FxWirePro: USD/JPY hits 8-month high at 107.15, weekly Jobless Claims and Powell's speech in focus for further impetus

Mar 04, 2021 04:53 am UTC| Technicals

USD/JPY chart - Trading View USD/JPY was trading rangebound as the major consolidates previous sessions gains. The pair tests 50% Fib at 107.153 on Wednesdays trade and hit levels unseen since 23rd July 2020. SP...

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Economy

FEMA Rules Go Live: New Foreign-Exchange Framework Jolts Markets

Formally notifying new Foreign Exchange Management Act (FEMA) restrictions, the Indian government immediately operationalizes important budget announcements and upsets the home stock markets. The new laws, which became...

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

Indonesias central bank, Bank Indonesia (BI), is set to prepare new technical regulations following the approval of a major financial system law that significantly expands its mandate. The move comes after Indonesias...

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

British house prices unexpectedly declined in May, marking the third consecutive monthly drop and signaling a cooling UK housing market as higher borrowing costs and geopolitical uncertainty continue to dampen buyer...

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

The Reserve Bank of India (RBI) has decided to keep its benchmark repo rate unchanged at 5.25%, in line with market expectations, while lowering its economic growth forecast due to increasing global and domestic...

Politics

Trump Forced Labour Tariff Plan Faces Criticism as Experts Question Effectiveness

President Donald Trumps proposed tariffs targeting countries accused of failing to combat forced labour are drawing criticism from trade experts, business organizations, and human rights advocates, who argue the measures...

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

Russian President Vladimir Putin reaffirmed Russias hardline position on the Ukraine war, stating that Russian troops continue to make battlefield gains while signaling that a peace agreement remains possible if Kyiv...

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

Colombias leftist presidential candidate Ivan Cepeda has softened his position on creating a constituent assembly ahead of the June 21 runoff election, signaling a strategic move to attract centrist voters and broaden...

Kennedy Center Ordered to Remove Trump Name Following Federal Court Ruling

The John F. Kennedy Center for the Performing Arts has instructed staff to remove references to President Donald Trump from official materials after a federal court ruled that the renowned Washington, D.C., institution...

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

The United States has imposed new sanctions on Cuban President Miguel Diaz-Canel, along with several individuals and entities linked to Cubas government, according to information published by the U.S. Treasury Department....

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

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...