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FxWirePro: GBP/CAD Near-Term Outlook

Feb 28, 2019 07:02 am UTC| Technicals

GBP/CAD chart on Trading View used for analysis GBP/CAD has broken major trendline resistance at 1.74, scope for further upside. The pair is extending northward trajectory to a seven-month high near 1.7541 on...

FxWirePro: USD/INR remains well supported below 71.50 mark, further sideways movement likely

Feb 28, 2019 06:32 am UTC| Technicals

USD/INR is currently trading around 71.20 marks. It made intraday high at 71.26 and low at 71.07 marks. Intraday bias remains neutral for the moment. Key resistances are seen at 71.50, 71.71, 72.02, 72.32...

FxWirePro: Gold hits 2-week low despite ongoing US-Sino trade concerns, good to sell on rallies

Feb 28, 2019 06:22 am UTC| Technicals

Gold is trading lower for 3rdconsecutive day and declined more than $10.Gold was one the best performer in Jan and has jumped more than $50 on account of dovish Fed and global uncertainty. The major three factors...

FxWirePro: AUD/USD streaks of bearish patterns keep check on interim bulls – Trade tunnel spreads and short hedge as major downtrend intact

Feb 28, 2019 06:20 am UTC| Technicals

Technical chart and candlestick patterns:InAUDUSDminor trend,back-to-backshooting star, gravestone doji and hanging man patterns are traced out at 0.7182, 0.7182, and 0.7188 levels respectively, these bearish candles...

FxWirePro: USD/JPY comatose around 111 handle, focus on Q4 GDP data for further direction

Feb 28, 2019 06:19 am UTC| Technicals

USD/JPY chart on Trading View used for analysis USD/JPY has been trading in an extremely narrow range with session high at 110.99 and low at 110.81. The major hovers around 110-EMA and decisive break above 111...

FxWirePro: USD/THB touches 31.50 mark, Thailand’s economic data in focus

Feb 28, 2019 05:02 am UTC| Technicals

USD/THB is currently trading around 31.46 marks. It made intraday high at 31.50 and low at 31.42 marks. Intraday bias remains bullish for the moment. On the top side, key resistances are seen at 31.62,...

FxWirePro: USD/SGD rejects key support at 1.3470 mark, short term trend reversal likely

Feb 28, 2019 04:51 am UTC| Technicals

USD/SGD is currently trading around 1.3486 marks. It made intraday high at 1.3495 and low at 1.3477 levels. Intraday bias remains slightly bullish till the time pair holds key support at 1.3470 mark. A daily...

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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

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

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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

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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

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

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

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Trump Questions USMCA Renewal as Trade Talks Continue

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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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