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Tue, Dec 09, 2025 10:20 PM All times are UTC

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EUR/JPY: Sell on Rallies for Potential Downside to 160.10

May 19, 2025 08:37 am UTC| Technicals

EUR/JPYgained sharply from minor bottom 162.13. It hit an intra day high of 162.96 and is currently trading around 162.96. Intraday outlook is bearish as long as the resistance 165 holds. Technical Analysis: The...

GBP/JPY Intraday Outlook: Bears in Control Below 195

May 19, 2025 08:35 am UTC| Technicals

GBP/JPYshowed a minor pullback as the pound sterling gained strength. It hit an intraday high of 193.75 and is currently trading around 193.52. Intraday trend is bearish as long as resistance 195 holds. The GBP/JPY pair...

FxWirePro: USD/CNY rebounds from 1 -week low as soft China data pressures yuan

May 19, 2025 06:57 am UTC| Technicals

USD/CNY rebounded from one week low on Monday as Chinas yuan weakened following soft Chinese economic data. Industrial output grew 6.1% year-on-year in April, according to National Bureau of Statistics (NBS) data...

FxWirePro: AUD/USD eases slightly ahead of RBA policy decision

May 19, 2025 06:03 am UTC| Technicals

AUD/USD dollar edged lower on Monday as investors digested mixed economic data from China and awaited Tuesdays Reserve Bank of Australia (RBA) policy decision. Data from China the largest trading partner of Australia...

FxWirePro: EUR/AUD retreats slightly but trend is still bullish

May 16, 2025 21:51 pm UTC| Technicals

EUR/AUD eased on Friday as investors also looked for fresh developments on the trade front as optimism from the U.S.-China trade truce waned. Markets are closely watching the upcoming UK-EU summit, as investors seek...

FxWirePro : GBP/AUD bulls loosen their grip a bit, dips to be bought

May 16, 2025 21:38 pm UTC| Technicals

GBP/AUD eased slightly on Friday as investors adopted a cautious stance ahead of next weeks UK-European Union summit. Britains foreign minister will meet European counterparts Monday to discuss Ukraine aid and regional...

FxWirePro : GBP/NZD bulls lose traction, cannot add to overnight gains

May 16, 2025 21:35 pm UTC| Technicals

GBP/NZD initially dipped but recovered some as market eyed the upcoming UK-EU summit and key UK CPI data. British Prime Minister Keir Starmer is set to host EU leaders in London on Monday to reset relations, focusing...

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Economy

Asian Currencies Hold Steady as Traders Await Fed Decision; Aussie Dollar Edges Higher

Asian currencies traded mostly flat on Tuesday as investors adopted a cautious stance ahead of the U.S. Federal Reserves policy meeting, which begins later in the day. Market participants are watching closely for signals...

Australian Dollar Rises as RBA Holds Rates and Signals Persistent Inflation Risks

The Australian dollar edged higher after the Reserve Bank of Australia (RBA) kept interest rates unchanged, reinforcing expectations that inflation pressures may persist. The currency rose 0.2% to $0.6639 after the central...

RBA Holds Rates but Warns of Rising Inflation Pressures

The Reserve Bank of Australia kept interest rates unchanged on Tuesday, maintaining its cash rate target at 3.60% as policymakers confront renewed inflation risks. The decision, widely expected by markets, marks the RBAs...

China Warns of Rising Global Risks as Tariff Pressures Intensify in 2025

Chinas Premier Li Qiang cautioned global economic leaders on Tuesday that the mutually destructive consequences of tariffs have grown more visible throughout 2025, urging coordinated action to strengthen international...

Asian Markets Slip as Investors Brace for Fed Rate Cut and Global Policy Decisions

Asian stocks declined on Tuesday as investors positioned themselves ahead of a widely expected U.S. Federal Reserve interest rate cut later this week. Market sentiment remained cautious amid a packed schedule of global...

Politics

New Zealand Navy Briefly Encounters Taiwanese Warship During Taiwan Strait Transit

New Zealands largest naval vessel, the HMNZS Aotearoa, made headlines after briefly encountering a Taiwanese warship while sailing through the highly sensitive Taiwan Strait on November 5. The New Zealand Defence Force...

Federal Judge Blocks Trump Administration’s Pause on New Wind-Energy Permits

A federal judge has ruled that the Trump administration failed to justify its decision to halt permitting for new wind-energy projects, delivering a significant victory to states advocating for clean-energy development....

Trump Administration Fuel-Efficiency Rollback Could Raise Long-Term Costs for U.S. Drivers

The Trump administrations proposal to scale back Biden-era fuel-efficiency standards may save automakers billions, but experts warn that American drivers will ultimately pay far more at the pump. Under the new plan, the...

Trump–Kushner Links Raise Concerns as Paramount Pushes $108B Warner Bros Discovery Bid

Paramounts aggressive $108 billion bid for Warner Bros Discovery has ignited one of the biggest media battles in years and drawn intense scrutiny due to financing tied to Jared Kushner, President Donald Trumps son-in-law....

U.S. Military Bill Seeks to End Dependence on China for Display Technology by 2030

The final text of the U.S. National Defense Authorization Act (NDAA) released this week includes a significant measure aimed at reducing the Pentagons reliance on foreign countriesparticularly Chinafor electronic display...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

Adobe Strengthens AI Strategy Ahead of Q4 Earnings, Says Stifel

Adobe (NASDAQ: ADBE) is heading into its fourth-quarter earnings with a clearer generative AI strategy and improved communication, helping ease a year of investor uncertainty, according to a new note from Stifel analysts....

Australia Enforces World-First Social Media Age Limit as Global Regulation Looms

Australia has officially become the first country to enforce a nationwide minimum age for social media use, requiring major platforms like Instagram, TikTok and YouTube to block users under 16. Starting Wednesday, the new...

SK Hynix Labeled “Investment Warning Stock” After Extraordinary 200% Share Surge

South Koreas stock market regulator has issued a second formal alert on SK Hynix (KS:000660) after the chipmakers share price soared more than 200% over the past year. The Korea Exchange (KRX) designated the company as an...

U.S. Greenlights Nvidia H200 Chip Exports to China With 25% Fee

The United States will permit Nvidias H200 processorsits second-most advanced artificial intelligence chipsto be exported to China, with a 25% fee applied to each sale. President Donald Trump announced the decision on...

US Charges Two Men in Alleged Nvidia Chip Smuggling Scheme to China

U.S. authorities have arrested two men accused of illegally smuggling Nvidias highly sought-after H100 and H200 artificial intelligence chips to China, according to the Justice Department. The case comes as President...