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FxWirePro: EUR/NZD holds strong trendline support, Doji formation raises scope for upside

Mar 13, 2019 09:03 am UTC| Technicals

EUR/NZD chart - Trading View EUR/NZD is trading at 1.6503 at 0826 GMT, up 0.33% at the time of writing. The pair has bounced off strong trendline support at 1.64 mark. Formation of Doji at lows raises scope...

FxWirePro: USD/ZAR moves in stiff boundaries, stay neutral

Mar 13, 2019 08:08 am UTC| Technicals

USD/ZAR is currently trading around 14.35 levels. It made intraday high at 14.39 and low at 14.29 levels. Intraday bias remains slightly bullish till the time pair holds key support at 14.22 mark. A daily...

FxWirePro: Silver rises gradually against U.S. dollar, stay bullish only above $15.47 mark

Mar 13, 2019 07:26 am UTC| Technicals

AG/USD is currently trading around $15.43 marks. It made intraday high at $15.46 and low at $15.33 levels. Intraday bias remains bullish till the time pair holds key support at $15.32 mark. A daily close...

FxWirePro: Chinese yuan trades flat against U.S. dollar, PBOC sets yuan mid-point at 6.7114

Mar 13, 2019 06:38 am UTC| Technicals

USD/CNY is currently trading around 6.7080 marks. It made intraday high at 6.7111 and low at 6.7040 levels. Intraday bias remains neutral for the moment. A sustained close above 6.7214 marks will test key...

FxWirePro: Gold edges above daily cloud, eyes 20-DMA at 1310

Mar 13, 2019 06:32 am UTC| Technicals

Gold chart - Trading View Brexit and U.S.-China trade developments keep safe-haven demand for yen underpinned. The yellow metal crossed 21-day exponential moving average (EMA) and is trading at 1304.22 at 0610...

FxWirePro: Indian rupee trades marginally lower ahead of trade balance, balance of payment data

Mar 13, 2019 05:57 am UTC| Technicals

USD/INR is currently trading around 69.67 marks. It made intraday high at 69.76 and low at 69.52 marks. Intraday bias remains bullish till the time pair holds key support at 69.52 mark. Key resistances are...

FxWirePro: AUD/CAD Daily Outlook

Mar 13, 2019 05:14 am UTC| Technicals

AUD/CAD chart - Trading View AUD/CAD extends weakness for the 2nd straight session, trades 0.27% lower at 0.9430 at 0500 GMT. Price action was rejected at 110-EMA, pair slips below 5-DMA, bias...

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Economy

German Auto Suppliers Turn Bearish as Investment and Jobs Shift Overseas

Germanys automotive suppliers are becoming increasingly pessimistic about the industrys outlook, with more companies expecting business conditions to worsen over the next 12 months than those anticipating improvement. A...

Asian Currencies Steady as Dollar Holds Firm Ahead of Fed Decision and US-Iran Deal Details

Most Asian currencies traded in a narrow range on Wednesday, while the U.S. dollar remained stable as investors awaited further details on a potential U.S.-Iran peace agreement and the outcome of the Federal Reserves...

Oil Prices Ease as Markets Weigh U.S.-Iran Peace Deal and Strait of Hormuz Reopening

Global oil prices edged lower on Wednesday, extending losses from the previous two sessions as investors continued to evaluate the impact of a newly announced U.S.-Iran peace agreement. However, uncertainty surrounding the...

Asian Stocks Advance as Nikkei Nears Record High Ahead of Fed Decision

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ASX Proposes New Share Dilution Limits for Public Takeovers

The Australian Securities Exchange (ASX) has unveiled significant proposed reforms aimed at strengthening shareholder protections and limiting share dilution during public takeovers and mergers. Under the draft rules...

Politics

Jamaica in Talks With U.S. to Accept Third-Country Deportees Under New Migration Agreement

Jamaica is negotiating a new migration agreement with the United States that would allow the Caribbean nation to temporarily receive third-country migrants deported by U.S. authorities, according to Deputy Prime Minister...

Trump Criticizes Israel's Lebanon Strikes, Urges Greater Civilian Protection

U.S. President Donald Trump publicly criticized Israels military operations in Lebanon, questioning the necessity of destroying entire apartment buildings while targeting Hezbollah militants. Speaking during the G7 summit...

Russian Strikes Kill Four in Eastern and Southeastern Ukraine, Trigger Fires and Damage

Russian attacks on cities in eastern and southeastern Ukraine killed at least four people and injured several others late Tuesday, according to local officials and prosecutors. The latest wave of strikes highlights the...

Brazil Supreme Court Convicts Eduardo Bolsonaro Over U.S. Lobbying Efforts

Brazils Supreme Court has convicted Eduardo Bolsonaro, the son of former Brazilian President Jair Bolsonaro, for seeking foreign interference in legal proceedings involving his father. In a unanimous decision on Tuesday, a...

US-Iran Ceasefire Deal Extends Peace Talks and Eases Oil Trade Restrictions

The United States and Iran have reached an interim agreement aimed at extending peace efforts in the Middle East and reducing tensions following months of conflict. U.S. President Donald Trump confirmed that the deal...

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

Apple Signals Product Price Hikes Amid Rising Memory Chip Costs

Apple may soon increase prices across some of its products as rising memory and storage chip costs continue to pressure the consumer electronics industry. In an interview with The Wall Street Journal, Apple CEO Tim Cook...

Chinese Social Media Giant Xiaohongshu Eyes Hong Kong IPO at Over $70 Billion Valuation

Chinese social media platform Xiaohongshu, internationally known as RedNote, is reportedly preparing for a Hong Kong initial public offering (IPO) that could value the company at more than $70 billion. According to a Wall...

Samsung Gains Interest from BYD, Google, AMD as AI Chip Demand Strains TSMC Capacity

Samsung Electronics is attracting growing attention from major global technology companies as demand for advanced semiconductor manufacturing continues to exceed available capacity at Taiwan Semiconductor Manufacturing Co....

Kingboard Holdings Shares Surge After HK$11.77 Billion Block Trade to Expand PCB and AI Supply Chain Business

Kingboard Holdings Ltd. (HK:0148), one of Chinas leading circuit board and laminate manufacturers, announced on Wednesday that its subsidiary, Kingboard Laminates Holdings Ltd. (HK:1888), has entered into a block trade...

SoftBank Shares Drop as OpenAI Losses and Rising Costs Spark Investor Concerns

SoftBank Group Corp. (TYO: 9984) shares fell sharply on Wednesday after new reports highlighted growing concerns about OpenAIs financial performance and increasing cash burn, raising questions about the value of SoftBanks...
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