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FxWirePro: Chinese yuan trades marginally lower despite Fitch affirms “A+” ratings with stable outlook

Dec 05, 2018 03:06 am UTC| Technicals

USD/CNY is currently trading around 6.8628 marks. It made intraday high at 6.8629 and low at 6.8348 levels. Intraday bias remains bullish till the time pair holds key support at 6.8342 mark. A sustained...

FxWirePro: USD/TWD trades in narrow range, Taiwan’s CPI data in focus

Dec 05, 2018 02:13 am UTC| Technicals

USD/TWD is currently trading around 30.75 marks. It made intraday high at 30.78 and low at 30.73 marks. Intraday bias remains neutral for the moment. A daily close above 30.76 will drag the parity up towards...

FxWirePro: South Korean won trades flat at 1,258 mark, sustained close below requires for downside rally

Dec 05, 2018 01:48 am UTC| Technicals

EUR/KRW is currently trading around 1,259 mark. It made intraday high at 1,260 and low at 1,258 levels. Intraday bias remains neutral till the time pair holds key support at 1,257 mark. A sustained close...

FxWirePro: Aussie depreciates against major peers on the back of lower than expected GDP data

Dec 05, 2018 01:21 am UTC| Technicals

AUD/NZD is currently trading around 1.0529 marks. Pair made intraday high at 1.0596 and low at 1.0524 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.0589 mark. A sustained...

FxWirePro: Sell CADJPY on rallies

Dec 04, 2018 12:04 pm UTC| Technicals

Ichimoku analysis (2 hour chart) Tenken-Sen- 85.90 Kijun-Sen- 85.70 CAD/JPY trades lower and lost more than 50 pips from the high 86.24 made yesterday. The Japanese yen was trading strong against after...

FxWirePro: USD/CAD trade Idea

Dec 04, 2018 12:00 pm UTC| Technicals

USD/CAD continues to trade weak after a minor recovery. The pair jumped till 1.32193 and started to decline. The main reason for Canadian dollar strength is broad based US dollar selling after US-China trade truce and...

FxWirePro: AUD/CHF consolidates break above 200-DMA, eyes 78.6% Fib at 0.7431

Dec 04, 2018 11:37 am UTC| Technicals Research & Analysis

AUD/CHF chart on Trading View used for analysis AUD/CHF is extending consolidation above 200-DMA, bias higher. The pair is trading largely muted on the day at 0.7345 at the time of writing. Technical...

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Economy

Japan Inflation Stays Below BOJ Target Despite Rate Hike and Rising Energy Cost Risks

Japans consumer inflation remained subdued in May, highlighting the ongoing impact of government energy subsidies even as the Bank of Japan (BOJ) signals concerns over future price pressures. The latest inflation data was...

Yen Near 40-Year Lows Despite BOJ Rate Hike, Markets Brace for Possible Intervention

The Japanese yen remained close to its weakest level in nearly four decades on Friday, as concerns over Japans fiscal outlook and limited impact from recent policy actions continued to pressure the currency. Market...

BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures

The Bank of Japan (BOJ) has signaled its willingness to continue raising interest rates as inflationary pressures strengthen, with Deputy Governor Ryozo Himino warning that underlying inflation could exceed the central...

Dollar Hits One-Month High as Hawkish Fed Outlook Boosts Greenback

The U.S. dollar climbed to its strongest level since mid-May 2025 on Thursday after the Federal Reserve signaled a more hawkish monetary policy outlook, reinforcing expectations that interest rates could rise again before...

Oil Prices Slide as U.S.-Iran Deal and Hormuz Reopening Ease Supply Concerns

Oil prices moved lower during Asian trading on Friday and were on track for significant weekly losses as easing geopolitical tensions in the Middle East reduced concerns about global crude supply disruptions. Investors...

Politics

US Raises Concerns Over Possible ASML EUV Machine Transfer to China

U.S. Commerce Secretary Howard Lutnick has reportedly raised concerns with Dutch semiconductor equipment giant ASML regarding the possible transfer of one of its advanced extreme ultraviolet (EUV) lithography machines to...

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

Russia and Ukraine exchanged fresh attacks overnight, escalating tensions just hours after Ukrainian President Volodymyr Zelenskiy held discussions with U.S. President Donald Trump, French President Emmanuel Macron, and...

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...

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

SpaceX Stock Slides After IPO Rally as Valuation Concerns Grow

SpaceX (NASDAQ: SPCX) shares extended their pullback on Thursday after a remarkable post-IPO rally, as investors locked in profits and questioned the companys lofty valuation. The stock, which dropped nearly 10% earlier in...

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...
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