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FxWirePro: EUR/NZD hits new 13-month lows at 1.6329, on track to test 200W SMA at 1.62

Dec 05, 2018 06:28 am UTC| Technicals Research & Analysis

EUR/NZD chart on Trading View used for analysis EUR/NZD hits new 13-month lows at 1.6329, bias is bearish. The pair is trading at 1.6367, paring losses after hitting lows of 1.6329. The pair finds major...

FxWirePro: Gold halts 2-day rally on slight recovery in US dollar, yield curve inversion to support yellow metal at lower level

Dec 05, 2018 05:54 am UTC| Technicals

Gold halts 2-day rally and shown a minor decline on account of slight recovery in US dollar.The decline in US 10 year bond yield to support price at lower level.It is currently trading around $1235.54 The major three...

FxWirePro: AUD/NZD Trade Idea

Dec 05, 2018 05:47 am UTC| Technicals Research & Analysis

AUD/NZD chart on Trading View used for analysis FxWirePro Currency Strength Index for AUD/NZD: Bias Bearish FxWirePros Hourly AUD Spot Index was at -150.673 (Bearish) FxWirePros Hourly NZD Spot Index was at 79.4871...

FxWirePro: AUD/JPY extends weakness for the 3rd straight session, eyes 200-DMA at 81.87

Dec 05, 2018 04:37 am UTC| Technicals Research & Analysis

AUD/JPY chart on Trading View used for analysis AUD/JPY is extending weakness for a 3rd straight session, bias lower. Aussie under pressure after dismal GDP data which has reiterated expectations that the RBA...

FxWirePro: Singapore dollar falls noticeably against U.S. dollar, faces immediate resistance at 1.3690 mark

Dec 05, 2018 04:26 am UTC| Technicals

USD/SGD is currently trading around 1.3682 marks. It made intraday high at 1.3687 and low at 1.3648 levels. Intraday bias remains neutral till the time pair holds key resistance at 1.3690 mark. A daily close...

FxWirePro: AUD/USD continues downside on dismal Australia GDP, markets brush aside big beat on Chinese Caixin services PMI

Dec 05, 2018 04:11 am UTC| Technicals Research & Analysis

AUD/USD chart on Trading View used for analysis AUD/USD has resumed downside after a brief pause, bulls dented by dismal Australia Q3 GDP data. Australia September quarter GDP arrived well below estimates,...

FxWirePro: Nikkei hits 1-1/2 week low as Dow Jones lost nearly 800 points on yield curve inversion, good to buy on dips

Dec 05, 2018 03:48 am UTC| Technicals

Asian marketsis trading extremely weak following footsteps of Wall Street. US market was trading extremely lower and has lost more than 3% on yield curve inversion. The 3 year yield curve has surpassed 5 year yield for...

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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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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

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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

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

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

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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