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FxWirePro: EURUSD trades above 1.1200 levels, good to buy on dips

Jun 03, 2020 09:40 am UTC| Technicals

Ichimoku Analysis (Daily chart) Tenken-Sen- 1.10333 Kijun-Sen- 1.09814 EURUSD is trading well above 1.1200, the highest level since Mar 17th, 2020. The reopening of economies after lockdown and hopes...

FxWirePro: USD/DKK slumps to its lowest since March 12, dip till 6.6302 likely

Jun 03, 2020 08:59 am UTC| Technicals

The Danish Krone advanced to a near 3-month peak as the greenback plunged across the board. The dollar index continues to decline as U.S. demonstrators, angered over the recent death of an African-American man, George...

FxWirePro: Buy GBPJPY on dips

Jun 03, 2020 08:12 am UTC| Technicals

Ichimoku Analysis (Daily chart) Tenken-Sen- 133.59 Kijun-Sen- 132.90 GBPJPY continues to trade higher for 4th consecutive days and shown a massive surge of more than 500 pips on weak yen. The pair has...

FxWirePro: AUD/JPY bulls take a breather at 110W EMA, bullish bias intact for now

Jun 03, 2020 07:44 am UTC| Technicals

AUD/JPY chart - Trading View AUD/JPY is extending upside for the 5th straight session and has gained a massive 4.86% for the week. Price action is extending break above 200-DMA and has taken out 88.6% Fib at...

FxWirePro: AUD/USD tests 'Channel Top' resistance at 0.6980, overbought oscillators warrant some caution

Jun 03, 2020 06:25 am UTC| Technicals

AUD/USD chart - Trading View AUD/USD is extending gains for the 5th straight session, bias remains strongly bullish. The major extends upside in Rising Channel pattern and is currently testing channel top resistance...

FxWirePro: AUD/USD edges lower from fresh 4-month high, Australia GDP contacts 0.3 percent Q/Q

Jun 03, 2020 06:01 am UTC| Technicals

AUD/USD chart - Trading View AUD/USD has slipped slightly lower from session highs at 0.6982 and was trading at 0.6932 at around 04:20 GMT. RBA maintains Official Cash Rate at 0.25% and gave an optimistic outlook and...

FxWirePro: NZD/USD breaks above 200-DMA, surges to 3-month high, next bull target at 0.66

Jun 03, 2020 05:52 am UTC| Technicals

NZD/USD chart - Trading View NZD/USD is extending gains for the 3rd straight session, bias strongly bullish. The pair has shown a sustained breakout at 200-DMA, confirming further near-term appreciation. GMMA...

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Economy

Goldman Sachs Sees U.S. Dollar Holding Firm as Strong Economic Data Supports Outlook

Goldman Sachs expects the U.S. dollar to remain supported by strong economic fundamentals, although improving global risk sentiment and resilient foreign currencies may limit additional gains. The bank noted that recent...

Oil Prices Slip but End Two-Week Losing Streak as Middle East Tensions Persist in 2026

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US Stock Market Tumbles as Tech and Semiconductor Stocks Lead Massive Selloff

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Politics

Princess Anne’s Son Peter Phillips Marries Harriet Sperling at Royal Wedding in England

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US-Iran Conflict Escalates After Strait of Hormuz Drone Incident

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France, Allies Prepare Coordinated Sanctions Over West Bank Settler Violence

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Gaza Ceasefire Talks Resume as Israeli Strike Kills Seven Palestinians

An Israeli airstrike killed at least seven Palestinians, including two women, in Gaza City on Saturday, according to local health officials, as renewed Gaza ceasefire talks began in Cairo aimed at preserving the fragile...

Russian Strikes Kill Five in Ukraine’s Kherson Region as Border Attacks Continue

Russian attacks killed five people in Ukraines southern Kherson region on Friday, according to regional governor Oleksandr Prokudin, highlighting the continued intensity of the Russia-Ukraine war. The incidents occurred in...

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

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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

Bouygues, Orange and Iliad Strike €20.35 Billion Deal to Acquire SFR

Frances telecom sector is on the verge of a major transformation after Bouygues Telecom, Orange, and Free, part of the Iliad Group, signed a memorandum of understanding (MoU) with Altice France to acquire telecom operator...

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...
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