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FxWirePro : GBP/AUD set for bigger drop, but close below key fibo needed

Sep 26, 2023 23:59 pm UTC| Technicals

GBP/AUD eased on Tuesday as dovish BoE rate outlook kept sterling on the back foot. BoE has almost certainly reached the end of its campaign of raising interest rates, after the central bank last week left monetary...

FxWirePro:GBP/NZD slips below 2.0500, shorts in control into month-end

Sep 26, 2023 23:48 pm UTC| Technicals

GBP/NZD declined below 2.0500 level on Tuesday as sterlings bearish streak continued on Bank of Englands dovish stance. The Bank of England has concluded its tightening cycle and will likely keep the Bank Rate at...

FxWirePro:EUR/AUD capped by 9DMA, good to sell on rally

Sep 26, 2023 19:34 pm UTC| Technicals

EUR/AUD edged higher on Tuesday but gains were limited as jitters about an economic downturn in the euro zone persisted. Pair traded in 1.6470/1.6550 range and was last trading at 1.6527 in the US afternoon...

FxWirePro: EUR/NZD downside pressure builds, key support level in focus

Sep 26, 2023 17:02 pm UTC| Technicals

EUR/NZD dipped on Tuesday as concerns about Eurozone economy weighed on the pair. By 16:54 GMT, the pair was down 0.02% at $1.7746.Lowest level since Aug 1st 2023 EUR/NZD is likely to maintain its downward move as...

FxWirePro:GBP/NZD sustains Friday's losses, as downtrend builds

Sep 26, 2023 01:22 am UTC| Technicals

GBP/NZD declined on Monday as sterling continued to weaken on last weeks Bank of Englands dovish stance. The BOE kept rates on hold last week the first meeting at which it had done so since December 2021 on the back...

FxWirePro:EUR/NZD falls below 1.7750, bears keep the advantage

Sep 25, 2023 20:59 pm UTC| Technicals

EUR/NZD declined on Monday as euro attracted sellers after data showed German business morale deteriorated in September, falling for a fifth month in a row. The Ifo institute said its business climate index stood at...

FxWirePro:EUR/AUD outlook weaker on renewed downside pressure

Sep 25, 2023 17:45 pm UTC| Technicals

EUR/AUD declined further on Monday as bearish influences from German data and Fed and ECB rhetoric pile on. German business sentiment worsened in September, reflected in the fall in the Ifo to 85.7 from 85.8 in August,...

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Economy

FxWirePro- Major Economic Events for the day

Date Time (GMT) Currency Event Forecast Previous Nov 6th2024 9:30 am GBP Construction...

Australia’s Central Bank Predicts Gradual Inflation Slowdown, Adjusts Economic Forecasts

Australias Economic Outlook: Inflation, Employment, and Growth Forecasts In its latest Statement on Monetary Policy, the Reserve Bank of Australia (RBA) projected a gradual decline in inflation while adjusting...

Thailand's Exports on Track for 2% Growth in 2024, Shippers’ Council Confirms

Thailands Export Forecast Holds Steady at 2% Growth for 2024 Thailands exports are expected to grow by 2% this year, consistent with previous projections, according to the Thai National Shippers Council. The export...

Oil Prices Steady Amid Global Tensions and Economic Signals from China and the U.S.

Oil Prices Hold Steady After Recent Surge Oil prices stabilized in Asian trading on Tuesday, following sharp gains as investors await economic and political signals from the U.S. and China. This shift comes after the...

Australia’s Central Bank Holds Interest Rates Steady Amid Inflation Concerns

Australias Central Bank Maintains 4.35% Interest Rate Amid Persistent Inflation RBA Holds Rates, Monitoring Inflation Risks The Reserve Bank of Australia (RBA) kept its interest rate unchanged at 4.35% in its...

Politics

Did Kamala Harris Immediately Accept Trump’s Victory? Sources Say She’s ‘Considering All Options’ in Stunning Turn of Events'

As news of Donald Trumps election victory settled in, many anticipated a prompt concession from Vice President Kamala Harris. However, sources close to Harris reveal that her acceptance of Trumps win may not be as...

Will Kamala Harris Fight Back? Insiders Reveal If She’s Contesting Donald Trump’s Election Win ‘To Protect Democracy'

With Donald Trumps recent victory in the 2024 presidential election, speculation is swirling around Vice President Kamala Harris and whether she plans to contest the outcome. Insiders close to Harris suggest that she is...

Did Kamala Harris See Trump’s Win Coming? Insiders Reveal Her Reaction as Election Results Rolled In

As former President Donald Trump secured a decisive victory in the 2024 election, speculation quickly arose about how Vice President Kamala Harris reacted to the unexpected outcome. Insiders close to Harris have revealed...

What’s Next for Kamala Harris? Defeat to Trump Fuels Speculation About Her Political Future and Ambitions

Following a challenging defeat to Donald Trump, Vice President Kamala Harris faces a pivotal moment in her political career. As the dust settles, many are asking: whats next for one of the most prominent female politicians...

Science

CDC Urges Second COVID-19 Vaccine for Seniors: ‘Protect Your Health This Season!’ Experts Say It’s Critical

In a recent public health announcement, the Centers for Disease Control and Prevention (CDC) recommended that individuals aged 65 and older receive a second dose of the 2024-2025 COVID-19 vaccine. This additional dose, the...

Breakfast Secrets: 'Fiber-rich Foods Are the Key to Weight Loss!' Experts Reveal Shocking Truth

Health experts often emphasize the importance of a balanced diet combined with regular exercise for weight management. However, for many, achieving these goals can be a daunting challenge. Instead of drastic food...

Scabies Surge Sparks Alarm: Doctors Warn Brits, 'Don't Ignore That Rash!'

Doctors in the United Kingdom are sounding the alarm over a dramatic rise in scabies cases, urging residents not to dismiss any signs of the itchy skin condition. Recent data shows that hospitals detected approximately...

Just 21 Minutes of Cycling a Day Is 'All You Need' for Total Health, Claims Expert

John Vinton, CEO of Aventon Bikes, insists that just 21 minutes of cycling each day can drastically enhance your health. This simple yet transformative practice can lead to a multitude of benefits, including reduced risks...

Technology

Tesla Model S Plaid Joins Police Fleet with New Unplugged Performance UP.FIT Upgrade

Teslas Model S Plaid has entered police service, thanks to Unplugged Performances UP.FIT upgrades unveiled at SEMA. Known as the worlds fastest production EV, the Model S Plaid can now be customized for law enforcement,...

Super Micro Faces Nasdaq Delisting Threat Amid DOJ Probe and Revenue Concerns

Super Micro Computers latest earnings report has failed to ease investor worries amid an ongoing DOJ investigation and potential Nasdaq delisting. Following accusations of accounting irregularities and an auditor...

Ethereum Whale Dumps 14,240 ETH, Taking $12.8M Hit as Bitcoin’s ATH Frenzy Continues

Amid Bitcoins climb to a new all-time high, an Ethereum whale stunned the market by selling 14,240 ETH at a substantial $12.8 million loss. The whales surprising decision highlights diverging trends in cryptos biggest...

Shiba Inu Burn Rate Explodes by 3674%, Boosting Market Optimism as SHIB Gains Traction

On November 6, Shiba Inu saw a 3674% increase in its burn rate, with 53.31 million SHIB tokens removed from circulation. This massive burn, spearheaded by a single address, has lifted market sentiment, suggesting positive...
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