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FxWirePro: South Korean won trades marginally lower against euro, consistent close below 1,305 requires for downside rally

Sep 16, 2019 01:05 am UTC| Technicals

EUR/KRW is currently trading around 1,310 mark. It made intraday high at 1,311 and low at 1,305 levels. Intraday bias remains slightly bullish till the time pair holds key support at 1,305 mark. A sustained...

FxWirePro: USDCHF Daily Outlook

Sep 13, 2019 11:07 am UTC| Technicals

Major resistance - 0.99525 USDCHF has lost nearly 80 pips after hitting a high of 0.99467. The main reason for the decline is due to broad-based US dollar selling. US CPI came at 1.7% compared to an estimate of 1.8%...

FxWirePro: USDJPY faces strong resistance around 300-day EMA, good to sell on rallies

Sep 13, 2019 11:00 am UTC| Technicals

Major resistance -108.35 (300 W EMA) USDJPY was trading higher for past 300-W EMA and jumped more than 350 pips on account of easing US-China trade tension which has decreased demand for Safe-haven assets like gold....

FxWirePro: EUR/SEK finds support at 10.6120, intraday day bias bearish

Sep 13, 2019 09:14 am UTC| Technicals

The Swedish Krona rose against the euro, extending gains for the third straight session on Swedens upbeat GDP growth rate data. The Swedish economy advanced 0.1 percent on quarter in the three months June, higher than...

FxWirePro: Euro erases previous loss against Indian rupee, srabilizes above 78.50 mark

Sep 13, 2019 08:54 am UTC| Technicals

EUR/INR is currently trading around 78.74 mark. It made intraday high at 78.78 and low at 78.44 mark. Intraday bias remains bullish for the moment. A daily close above 78.54 will drag the parity up towards...

FxWirePro: USD/TRY off 3-1/2 week trough, major support at 200-DMA

Sep 13, 2019 08:48 am UTC| Technicals

The Turkish Lira retreated from a 3-1/2 week peak after data showed Turkey industrial production fell 1.2 percent from a year earlier in July, following a revised 3.7 percent decline in the previous month On Thursday,...

FXWirePro: Gold struggles to hold above $1500 on trade optimism, good to sell on rallies

Sep 13, 2019 07:40 am UTC| Technicals

FXWirePro: Gold struggles to hold above $1500 on trade optimism, good to sell on rallies Gold has shown a good recovery of more than $20 after ECB monetary policy. The central bank has cut its deposit rate by 10 bps to...

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Economy

South Korea Exports Surge 62.8% in July on AI Chip Demand

South Koreas exports posted stronger-than-expected growth in July, fueled by robust global demand for semiconductors and AI-related technology, reinforcing the countrys position as a major beneficiary of the artificial...

U.S. Treasury Joins Japan in Yen Intervention as Currency Nears 40-Year Lows

The U.S. Treasury reportedly stepped into currency markets on Friday by buying Japanese yen, joining Japans efforts to stabilize the currency after it weakened to levels close to a four-decade low. According to a Financial...

Gold Ends July Higher as Weaker Dollar Offsets Fed Inflation Concerns

Gold prices posted modest monthly gains in July, supported by a weaker U.S. dollar and the Federal Reserves decision to keep interest rates unchanged. However, renewed inflation concerns fueled by rising oil prices limited...

Dollar Posts Worst Monthly Loss Since April as Fed Uncertainty and Yen Intervention Shake FX Markets

The U.S. dollar ended July with its weakest monthly performance since April, as growing doubts over the Federal Reserves commitment to controlling inflation weighed on the currency and fueled a sharp sell-off in U.S....

US Jobs Report, Fed Outlook, and Big Tech Earnings Put Stock Market in Focus

U.S. stock market investors are preparing for another volatile week as the July jobs report, key corporate earnings, and Federal Reserve policy expectations shape market sentiment. While the SP 500 ended the week higher,...

Politics

Ukraine Protests Grow Over Zelensky’s Dismissal of Defence Minister Mykhailo Fedorov

Thousands of Ukrainians marched through central Kyiv on Friday, intensifying pressure on President Volodymyr Zelensky to reinstate former Defence Minister Mykhailo Fedorov, whose unexpected dismissal has sparked growing...

Peru Court Frees Former President Ollanta Humala After Conviction Overturned

Former Peruvian President Ollanta Humala was released from prison on Friday after Perus Constitutional Court overturned his 15-year conviction for money laundering, marking a significant development in one of the countrys...

White House: No Weaponized Drones Seized at FIFA World Cup Venues Despite 700 Recoveries

U.S. officials said no weaponized drones were recovered at FIFA World Cup stadiums or fan zones despite authorities intercepting around 700 drones during the tournament, underscoring that most incidents involved...

Trump Says U.S. ICC Campaign Aims to Protect Netanyahu, Not Himself

U.S. President Donald Trump said on Friday that the United States campaign against the International Criminal Court (ICC) is focused on protecting Israeli Prime Minister Benjamin Netanyahu and other officials from...

Warner Bros. Discovery Shares Rise as Newsom Pushes Settlement in $110 Billion Merger Fight

Warner Bros. Discovery (NASDAQ: WBD) shares climbed 3% on Friday, while Paramount Global gained 1.6%, after a Wall Street Journal report suggested California Governor Gavin Newsom is concerned that the states antitrust...

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

T-Mobile Executives Reportedly Oppose $300 Billion Deutsche Telekom Merger

Senior executives at T-Mobile US have reportedly told parent company Deutsche Telekom that they do not support a proposed $300 billion merger between the two companies, citing shareholder resistance and potential...

Roblox Stock Drops 16% as Q3 Bookings Forecast Misses Expectations

Roblox Corp. (NYSE: RBLX) shares plunged about 16% in premarket trading after the gaming platform reported mixed second-quarter 2026 results and issued weaker-than-expected third-quarter bookings guidance, raising concerns...

Apple Stock Slides 7% as Weak Sales Forecast Overshadows Quarterly Earnings Beat

Apple (NASDAQ: AAPL) shares fell more than 7% in premarket trading after the tech giant issued weaker-than-expected guidance for the September quarter, overshadowing better-than-anticipated quarterly earnings and revenue....

Sony Raises Full-Year Outlook After Q1 Profit Jumps 40% on Gaming and Chip Growth

Sony Group (TYO: 6758) delivered a strong start to its fiscal 2026, reporting a 40% year-over-year increase in first-quarter operating profit and raising its full-year earnings outlook, fueled by robust performance in its...

Anthropic Reveals Claude AI Accessed Real Production Systems During Cybersecurity Tests

Anthropic disclosed on Thursday that its Claude artificial intelligence models gained unauthorized access to the production systems of three organizations during internal cybersecurity evaluations after a testing...