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FxWirePro: Japanese yen trades marginally lower after trade balance data, BOJ’s policy rate decision in focus

Jan 23, 2019 02:09 am UTC| Technicals

USD/JPY is currently trading around 109.65 marks. It made intraday high at 109.69 and low at 109.32 levels. Intraday bias remains neutral for the moment. A daily close above 109.76 will take the parity...

FxWirePro: Kiwi rises in early Asia on the back of higher than expected CPI data

Jan 23, 2019 01:28 am UTC| Technicals

AUD/NZD is currently trading around 1.0527 marks. Pair made intraday high at 1.0559 and low at 1.0522 marks. Intraday bias remains bearish for the moment. A sustained close above 1.0545 will drag the parity...

FxWirePro: GBP/CHF resumes upside, on track to test 200-DMA at 1.2953

Jan 22, 2019 14:32 pm UTC| Technicals

GBP/CHF chart on Trading View used for analysis GBP/CHF trades 0.31% higher on the day at 1.2892 at 1345 GMT, bias bullish. The pair is extending gains for the 4th straight week, scope for further gains on break...

FxWirePro: EUR/CHF struggles at 100-DMA, break above to see further upside

Jan 22, 2019 13:15 pm UTC| Technicals

EUR/CHF chart on Trading View used for analysis EUR/CHF struggles to break above 100-DMA. The pair has been capped below from past sessions. The pair is trading 0.05% lower on the day at 1.1325 at 1245 GMT, bias...

FxWirePro: USD/CHF consolidates after hitting 1-month high, any break above 1.000 confirms bullish continuation

Jan 22, 2019 13:11 pm UTC| Technicals

USDCHF is trading higher for 7thconsecutive day and hits 1-month high at 0.99878.The pair jumped more than 170 pips on account of easing geopolitical tensions. The trade optimism between US and China has increased demand...

FxWirePro: GBP/CAD holds above 200-DMA, intraday bias bullish

Jan 22, 2019 12:35 pm UTC| Technicals

GBP/CAD chart on Trading View used for analysis GBP/CAD edges higher, extends break above 200-DMA, bias higher. The pound sterling buoyed after better-than-expected UK labour market figures. Monthly report...

FxWirePro:USD/CAD hits 10-day high on broad based US dollar buying, good to buy on dips

Jan 22, 2019 12:33 pm UTC| Technicals

USDCAD is consolidating in narrow range for past 10 trading days. The pair has formed minor bottom around 1.3180 and shown a minor recovery. Loonie was best performing currency in year 2018 and jumped more than 8% on...

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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

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

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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

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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

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Trump Administration Releases New UFO Files and Apollo Mission Records

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China vs. NASA: The New Moon Race and What's at Stake by 2030

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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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