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FxWirePro: South Korean won trades marginally lower in early Asia as consumer confidence data misses expectations

Aug 27, 2019 01:06 am UTC| Technicals

EUR/KRW is currently trading around 1,346 mark. It made intraday high at 1,348 and low at 1,344 levels. Intraday bias remains bullish till the time pair holds key support at 1,332 mark. A sustained close...

FxWirePro: Major pair levels and bias summary

Aug 26, 2019 18:21 pm UTC| Technicals

Major pair levels and bias...

FxWirePro: EURUSD trades lower on weak German IFO data, good to sell on rallies

Aug 26, 2019 17:57 pm UTC| Technicals

EURUSD is trading lower for the day after jumping more than 100 pips from Fridays low of 1.10518. The escalation of trade tensions between US-China is a major factor for price movements. US President tweeted that existing...

FxWirePro: USDCHF Daily Outlook

Aug 26, 2019 10:11 am UTC| Technicals

USDCHF declined sharply on Friday more than 150 pips from a high of 0.98772 on US-China trade war escalation. US President tweeted that existing 25% tariffs will be increased to 30% on $250 billion from Oct 1 and tariffs...

FxWirePro: Gold Weekly Outlook

Aug 26, 2019 09:53 am UTC| Technicals

Gold continues to trade higher for the past 4 weeks and hits 6- year high on account of US-China trade war escalation and declining bond yield. China has imposed tariffs of 5-10% on US goods worth $75 billion.US President...

FxWirePro: Silver rises remarkably, good to go long on dips

Aug 26, 2019 08:48 am UTC| Technicals

XAG/USD is currently trading around $17.53 marks. It made intraday high at $17.75 and low at $17.38 levels. Intraday bias remains bullish for the moment. A daily close above $17.40 will test key resistances...

FxWirePro: USD/ZAR remains volatile, sustained close above 15.46 requires for upside rally

Aug 26, 2019 08:15 am UTC| Technicals

USD/ZAR is currently trading around 15.31 levels. It made intraday high at 15.44 and low at 15.21 levels. Intraday bias remains neutral till the time pair holds key support at 15.11 marks. A daily close...

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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...