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FxWirePro: GBP/JPY trades lower on Brexit uncertainty, good to sell on rallies

Mar 06, 2019 07:19 am UTC| Technicals

GBPJPY is trading weak for third consecutive day and lost nearly 200 pips from the high of 148.57 on account of Brexit uncertainty. GBP was trading lower against all major especially with USD and lost more than 250 pips...

FxWirePro: GBP/AUD extends break above 200-W SMA, eyes trendline at 1.89

Mar 06, 2019 06:58 am UTC| Technicals

GBP/AUD chart - Trading View GBP/AUD is trading 0.39% higher on the day at 1.8674 at 0555 GMT, scope for further upside. The pair is extending breakout above 200-W SMA and we see scope for further...

FxWirePro: USD/TWD moves directionless since five months, stay neutral

Mar 06, 2019 06:22 am UTC| Technicals

USD/TWD is currently trading around 30.83 marks. It made intraday high at 30.86 and low at 30.83 marks. Intraday bias remains neutral till the time pair moves in stiff boundaries from 30.50 to 30.90 mark. A...

FxWirePro: Gold trades lower on US dollar strength, good to sell on rallies

Mar 06, 2019 06:18 am UTC| Technicals

Gold is trading slightly higher after hitting 5- week low of $1281.The jump in US dollar index and rising US bond yield is putting pressure on yellow metal. Gold was one the best performer in Jan and has jumped more than...

FxWirePro: AUD/JPY slips below 21-EMA, on track for further weakness

Mar 06, 2019 05:53 am UTC| Technicals

AUD/JPY chart - Trading View AUD/JPY trades 0.81% lower on the day at 78.60 at 0540 GMT, bias bearish. Aussie dented on poor data and dovish comments from RBA Governor Philip Lowe, while risk aversion in the...

FxWirePro: USD/INR hits fresh 3-week low at 70.35 mark, sustained close below requires for downside rally

Mar 06, 2019 05:06 am UTC| Technicals

USD/INR is currently trading around 70.48 marks. It made intraday high at 70.64 and low at 70.41 marks. Intraday bias remains neutral for the moment. Key resistances are seen at 70.68, 70.85, 71.02, 71.18,...

FxWirePro: AUD/USD hits 9-week lows on poor Q4 GDP data, dovish comments from RBA’s Lowe

Mar 06, 2019 04:59 am UTC| Technicals

AUD/USD chart - Trading View AUD/USD slumped to 9-week lows at 0.7028, and is currently trading at 0.7038. Aussie dampened by poor Q4 GDP data and dovish comments from RBAs Lowe. Australias economy expanded...

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Economy

Europe EV Demand Surges as Fuel Prices Rise Amid Iran Conflict

Rising fuel prices linked to the Iran conflict are accelerating demand for both new and used electric vehicles (EVs) across Europe, according to industry data shared with Reuters. While automakers are benefiting from...

German Industry Employment Falls to Lowest Level in a Decade

Germanys industrial sector recorded its lowest employment level in 10 years in 2025, with the number of workers dropping to just 6.6 million, according to a study by the German Economic Institute (IW). The findings...

Japan Signals Readiness to Intervene as USD/JPY Nears 161 Amid Yen Weakness

Japan has reaffirmed its readiness to act against excessive currency volatility as the Japanese yen continues to weaken against the U.S. dollar. Chief Cabinet Secretary Minoru Kihara stated on Thursday that the government...

Asian Currencies Stabilize as Dollar Holds Near Two-Month High After Fed Hawkish Signal

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Asian Stocks Rally as Japan and South Korea Reach Record Highs on US-Iran Peace Deal

Asian stock markets mostly advanced on Thursday, led by strong gains in Japan and South Korea after reports emerged that the United States and Iran had signed a framework agreement aimed at ending their nearly four-month...

Politics

Trump’s Iran Strategy: What Has Been Achieved After Three Months of Conflict?

More than three months after the United States and Israel launched airstrikes on Iran on February 28, President Donald Trumps objectives remain under scrutiny as a preliminary peace agreement moves toward finalization....

Russia and Ukraine Exchange Strikes After Zelenskiy-Trump Talks

Russia and Ukraine exchanged fresh attacks overnight, escalating tensions just hours after Ukrainian President Volodymyr Zelenskiy held discussions with U.S. President Donald Trump, French President Emmanuel Macron, and...

South Korea’s Lee Jae Myung Strengthens Ties With Trump at G7 Summit, Discusses North Korea and Future Golf Meeting

South Korean President Lee Jae Myung emerged from the G7 summit with a symbolic gift from U.S. President Donald Trump and renewed momentum in South Korea-U.S. relations, following extensive discussions on North Korea,...

Trump-Iran Interim Agreement Extends Ceasefire as G7 Leaders Welcome Path to Peace

The United States and Iran have released the text of a newly signed interim agreement aimed at ending months of conflict, with U.S. President Donald Trump warning that military action could resume if Tehran fails to comply...

Trump Questions USMCA Renewal as Trade Talks Continue

U.S. President Donald Trump has cast doubt on the future of the United States-Mexico-Canada Agreement (USMCA), saying the United States could perform better without the North American trade pact, although he remains open...

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

Google Gemini Co-Lead Noam Shazeer Leaves for OpenAI Amid AI Talent Race

Noam Shazeer, a vice president of engineering at Google and one of the leaders behind the companys Gemini artificial intelligence models, has announced that he is leaving Google to join OpenAI, the creator of ChatGPT. The...

SK Hynix Shares Hit Record High After Shipping Next-Generation HBM4E AI Memory Samples

SK Hynix Inc. saw its shares surge to an all-time high on Thursday after announcing the shipment of samples of its latest high-bandwidth memory (HBM) product, reinforcing its position as a leading supplier in the rapidly...

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....
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