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FxWirePro: Buy GBPJPY on dips

Jun 11, 2019 10:00 am UTC| Technicals

GBPJPY is consolidating after hitting high of 138.25.The pair declined till 137.48 and is currently trading around 138.14. UK economy has declined by 0.4% biggest monthly drop sine Mar 2016 and UK manufacturing output fell...

Crypto Technicals: DASH/USD capped between major EMAs, breakout to provide clear directional bias

Jun 11, 2019 08:46 am UTC| Digital Currency Technicals

DASH/USD chart - Trading View Exchange - Binance Support: 140.78 (50-DMA); Resistance: 150.91 (21-EMA) Technical Analysis: Bias Neutral DASH/USD has bounced off 50-DMA support, bias neutral to slightly slightly...

FxWirePro: South African rand trades marginally higher ahead of manufacturing production data

Jun 11, 2019 08:24 am UTC| Technicals

USD/ZAR is currently trading around 14.72 levels. It made intraday high at 14.82 and low at 14.70 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 14.99 marks. A...

FxWirePro: Flurry of USD/CHF bearish patterns at channel resistance, can bears breakdown channel support? Major trend still in range

Jun 11, 2019 07:44 am UTC| Technicals

USDCHFminor trend has developed rising channel, consequently, the failure swings were observed at the stiff resistance of 1.0124 levels. Although one could see the mild rallies from last two days, bulls are restrained...

FxWirePro: USD/CNY back below 6.93 mark, PBOC sets yuan mid-point at 6.8930

Jun 11, 2019 07:35 am UTC| Technicals

USD/CNY is currently trading around 6.9161 marks. It made intraday high at 6.9297 and low at 6.9135 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.9297 mark. A sustained...

FxWirePro: DAX30 continues to trade higher as trade tension ease, good to buy on dips

Jun 11, 2019 07:33 am UTC| Technicals

Major support- 11800 DAX30 is trading higher for past 1-week and jumped more than 500 points from low of 11606 following footsteps of Wall Street. It hits high of 12146 and is currently trading around 12140. The...

FxWirePro: Buy CADJPY above 82.10

Jun 11, 2019 06:56 am UTC| Technicals

CADJPY is trading high for past 1-week and jumped more than 200 pips on account of strong Canadian dollar. Canadian dollar is trading strong against all major especially USD and declined more than 200 pips. The jump was...

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Economy

AI-Focused Asia Hedge Funds Deliver Triple-Digit Returns in 2026 Rally

Several Asia-based hedge funds generated exceptional returns exceeding 100% during the first five months of 2026, capitalizing on the booming artificial intelligence (AI) sector and record-breaking gains across regional...

Taiwan Central Bank Likely to Keep Interest Rates Unchanged Through 2027

Taiwans central bank is widely expected to leave its benchmark interest rate unchanged at its upcoming policy meeting this week, with most economists forecasting that rates will remain steady through 2027. According to a...

RBA Expected to Hold Interest Rates at 4.35% as Markets Watch AUD/USD and ASX 200

The Reserve Bank of Australia (RBA) is widely expected to keep its benchmark cash rate unchanged at 4.35% during its June policy meeting on Tuesday. After implementing three interest rate increases since early 2026,...

BOJ Rate Hike Expected to Boost Yen, Impact USD/JPY and Nikkei

The Bank of Japan (BOJ) is widely expected to raise interest rates by 25 basis points to 1.0% at the conclusion of its June 16 policy meeting, marking its fourth rate hike since ending its ultra-loose monetary policy in...

Gold Prices Surge Above $4,300 as US-Iran Peace Deal Weakens Dollar and Oil

Gold prices rallied sharply in Asian trading on Monday, climbing more than 2% after reports of an interim peace agreement between the United States and Iran reduced geopolitical tensions in the Middle East. The development...

Politics

E4 Nations Signal Readiness to Lift Iran Sanctions Following U.S.-Iran Peace Deal

The United Kingdom, France, Germany, and Italy have expressed their willingness to lift sanctions on Iran if the country takes concrete steps to address concerns surrounding its nuclear program. The announcement came after...

Mitch McConnell Hospitalized After Medical Incident in Washington

U.S. Senator Mitch McConnell was admitted to a hospital on Sunday morning following a medical incident, according to a statement released by his spokesperson. The Kentucky Republican, who has served in the Senate for...

Trump Opposes FISA Renewal Without SAVE Act Voting Requirement

U.S. President Donald Trump said on Sunday that he would oppose any renewal of the Foreign Intelligence Surveillance Act (FISA) unless lawmakers include provisions from the SAVE Act, a measure aimed at strengthening voter...

Trump Announces Iran Deal, Strait of Hormuz Reopening Amid Ongoing Regional Tensions

U.S. President Donald Trump announced on Sunday that a proposed agreement between the United States and Iran is effectively complete, highlighting plans to reopen the Strait of Hormuz and remove the U.S. naval blockade on...

Lazard Challenges Centerview for Role in Venezuela’s Massive Debt Restructuring

Investment bank Lazard has reportedly offered a $25 million proposal to replace Centerview Partners as Venezuelas financial adviser in what could become one of the largest sovereign debt restructurings in history,...

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

ByteDance Eyes Iluvatar, Baidu AI Chips Amid China’s AI Push

ByteDance, the parent company of TikTok, is reportedly in discussions to purchase artificial intelligence (AI) chips from Shanghai-based Iluvatar CoreX and is also evaluating AI semiconductor products from Baidus chip...

UK Banks Report Surge in APP Fraud Losses as Pressure Mounts on Meta and Tech Platforms

Britains banking sector recorded a sharp rise in losses linked to authorized push payment (APP) fraud in 2025, highlighting growing concerns over online scams and increasing calls for stronger accountability from...

SpaceX Stock Gets $175 Target as Analysts See Massive Growth Ahead

SpaceX stock (NASDAQ: SPCX) has received an optimistic initiation from Wolfe Research, which assigned a $175 price target shortly after the company completed what is being described as the largest IPO in history. The...

Anthropic Officials Meet White House Over AI Model Outage

Senior executives and technical leaders from Anthropic are reportedly in Washington, D.C., holding discussions with White House officials in an effort to resolve a dispute that has affected access to the companys most...

SpaceX IPO Sparks Market Optimism as Shares Surge 19% on Trading Debut

SpaceX delivered one of the most significant stock market debuts in recent years, boosting investor confidence and signaling strong demand for high-growth companies despite recent market volatility. The aerospace giant,...