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Tue, Dec 09, 2025 10:18 PM All times are UTC

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FxWirePro: USD/CNY maintains bearish bias with focus on 7.180 level

May 16, 2025 05:52 am UTC| Technicals

USD/CNY dipped on Friday as Chinas yuan firmed aided by a weaker greenback and positive sentiment after the Sino-U.S. tariff truce. The dollar weakened on Friday as disappointing U.S. economic indicators this week...

GBP/JPY Faces Bearish Pressure: Sell Rallies for Potential Profit

May 16, 2025 05:40 am UTC| Technicals

GBP/JPYshowed a minor pullback after hitting a low of 193.04. .It hits an intraday high of 193.65 and is currently trading around 193.59. Intraday trend is bearish as long as resistance 195 holds. The GBP/JPY pair is...

FxWirePro:NZD/USD gaining momentum for a move towards 0.5950 level

May 16, 2025 05:39 am UTC| Technicals

NZD/USD firmed on Friday as the U.S. dollar weakened, following a series of weaker-than-expected U.S. economic data that reinforced expectations of further Fed rate cuts this year. The U.S. Producer Price Index (PPI)...

FxWirePro: AUD/USD hold steady on weaker U.S. dollar and easing trade tensions

May 16, 2025 05:32 am UTC| Technicals

Australian dollar held steady on Friday as softer dollar and easing global trade tensions supported Australian dollar. Investors reacted positively to the U.S.-China trade truce, seeing it as a major step in lowering...

FxWirePro- Woodies Pivot (Major)

May 16, 2025 04:14 am UTC| Technicals

Woodies Pivot...

FxWirePro: EUR/AUD advances amid mixed economic data

May 15, 2025 22:58 pm UTC| Technicals

EUR/AUD advanced on Thursday as investors digested a series of economic releases from both the Eurozone and the United States. Data showed that U.S. producer prices unexpectedly declined in April, alongside a slowdown...

FxWirePro : GBP/NZD hits two week high with plenty more upside potential

May 15, 2025 22:41 pm UTC| Technicals

GBP/NZD reached its highest level in two weeks on Thursday as the pair attracted buyers after stronger-than-expected UK economic data. The data showed that the UK economy grew by 0.2% in March, surpassing the...

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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...