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FxWirePro: USD/THB hits fresh 2-month low at 32.59 mark, Thailand’s trade balance data in focus

Dec 21, 2018 02:10 am UTC| Technicals

USD/THB is currently trading around 32.61 marks. It made intraday high at 32.67 and low at 32.59 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 32.90 mark. On the top...

FxWirePro: South Korean won depreciates as PPI data misses expectations

Dec 21, 2018 01:33 am UTC| Technicals

EUR/KRW is currently trading around 1,286 mark. It made intraday high at 1,287 and low at 1,284 levels. Intraday bias remains bullish till the time pair holds key support at 1,276 mark. A sustained close...

FxWirePro: Japanese yen trades marginally higher in early Asia after CPI, core CPI data

Dec 21, 2018 01:09 am UTC| Technicals

USD/JPY is currently trading around 111.24 marks. It made intraday high at 111.29 and low at 111.08 levels. Intraday bias remains slightly bearish for the moment. A daily close above 111.27 will take the...

FxWirePro: GBPUSD recovers sharply after UK retail sales data,dovish BOE to drag Cable further down

Dec 20, 2018 13:06 pm UTC| Technicals

GBPUSD has recovered sharply more than 100 pips from intraday low of 1.26080 after upbeat UK retail sales data. UK retail sales data came 1.4% higher than forecast of 0.3%.BOE has kept its interest rates unchanged and said...

FxWirePro:S&P500 forms bullish pattern,good to buy on dips

Dec 20, 2018 12:25 pm UTC| Technicals

Pattern formed- Bullish AB=CD pattern SP 500 has halted 2 weeks of weakness and shown a minor recovery .The index hits low of 2478 and recovered more than 1.5%.The decline was mainly after Fed cuts growth forecast...

FxWirePro: AUD/CHF extends weakness below daily cloud, on track to test 78.6% Fib at 0.6982

Dec 20, 2018 11:52 am UTC| Technicals Research & Analysis

AUD/CHF chart on Trading View used for analysis AUD/CHF extends weakness below daily cloud, bias bearish. The pair is trading 0.20% lower on the day at 0.7055 at the time of writing. Price has broken below...

FxWirePro: NZD/CHF pauses downside at daily cloud, bias bearish, good to go short on break below

Dec 20, 2018 11:21 am UTC| Technicals Research & Analysis

NZD/CHF chart on Trading View used for analysis NZD/CHF is trading 0.50% lower on the day at 0.6695 at the time of writing. Price action has broken below 200-DMA support raising scope for further...

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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?

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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

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Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

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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

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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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