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Thu, Dec 18, 2025 12:43 AM All times are UTC

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FxWirePro: Taiwanese dollar rises sharply against U.S. dollar, hits fresh 4-year high at 29.59 mark

Dec 29, 2017 03:55 am UTC| Technicals

USD/TWD is currently trading around 29.65 marks. It made intraday high at 29.84 and low at 29.59 marks. Intraday bias remains bearish for the moment. A daily close above 29.82 will drag the parity up towards...

FxWirePro: Silver hits fresh 4-week high at $16.86 mark, stay bearish only below $16.80 mark

Dec 29, 2017 02:36 am UTC| Technicals

XAG/USD is currently trading around $16.82 marks. It made intraday high at $16.84 and low at $16.80 levels. Intraday bias remains slightly neutral till the time pair holds key resistance at $16.87 mark. A...

FxWirePro: South Korean won strengthens on robust CPI data

Dec 29, 2017 02:00 am UTC| Technicals

EUR/KRW is currently trading around 1,272 mark. Pair made intraday high at 1,276 and low at 1,272 levels. Intraday bias remains bearish till the time pair holds key resistance at 1,278 mark. A sustained...

FxWirePro: US Dollar Index trades below trend line support at 93, good to sell on rallies

Dec 28, 2017 12:32 pm UTC| Technicals

Major trend line resistance- 93.85 (trend line joining 102.97 and 101.26). DXY is trading slightly weak and broken major trend line support 93. The index declined till 92.64 at the time of writing. It is currently...

FxWirePro: Copper hits 3.319, highs unseen since Jan 2014, more upside on cards

Dec 28, 2017 11:59 am UTC| Technicals

Copper edges lower from multi-month highs at 3.319, was trading at 3.309 at the time of writing. The metal prices hit levels unseen since Jan 2014 before paring some gains. Price action has shown breakout at...

FxWirePro: EUR/USD trade idea

Dec 28, 2017 11:29 am UTC| Technicals

EUR/USD has jumped sharply in todays Asian session and jumped almost 35 pips. The pair breaks trend line resistance and is holding above that level. The main reason for decline in US dollar is sharp selloff in US 10 year...

FxWirePro: CAD/JPY breaks major resistance 89.33, jump till 90 likely

Dec 28, 2017 11:23 am UTC| Technicals

Major resistance 89.33 CAD/JPY has broken major resistance 89.33 high made on Dec 21st 2017 .The main reason for jump in Canadian dollar against all majors was due to strong crude oil price. The pair jumped more than...

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Economy

South Korea Warns Weak Won Could Push Inflation Higher in 2025

South Koreas central bank has warned that inflation next year could exceed earlier projections if the Korean won remains weak against the U.S. dollar, raising concerns about price stability and currency market pressures....

Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism

Chinese robotaxi stocks surged in Hong Kong trading on Wednesday, tracking strong overnight gains in Tesla Inc (NASDAQ: TSLA) as investor optimism around autonomous driving and ride-hailing technology continued to build....

Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes

Most Asian currencies edged lower on Wednesday as investors weighed the U.S. Federal Reserves future interest rate path following mixed signals from the latest U.S. labor market data. At the same time, the Indian rupee...

Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty

Gold prices climbed during Asian trading on Wednesday, while silver prices surged to a fresh all-time high, as growing concerns over the U.S. economy fueled strong demand for safe haven assets. Investors increasingly...

Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices

U.S. President Donald Trump has ordered a total and complete blockade of all sanctioned oil tankers entering and leaving Venezuela, dramatically escalating Washingtons pressure on President Nicolas Maduros government and...

Politics

Trump Administration Plans Major Increase in Denaturalization Cases for Naturalized U.S. Citizens

The Trump administration is preparing to significantly expand efforts to revoke U.S. citizenship from some naturalized Americans, according to a report by The New York Times citing internal government guidance. Newly...

Honduras Election Recount Delayed Amid Protests and Political Tensions

A special manual recount in Honduras presidential election remained stalled on Wednesday as protests prevented electoral staff from accessing their workplace, deepening political tensions and prolonging uncertainty over...

Dan Bongino to Step Down as FBI Deputy Director After Brief, Controversial Tenure

FBI Deputy Director Dan Bongino announced on Wednesday that he will step down from his role next month, bringing an end to a short and often controversial tenure as the bureaus second-highest-ranking official. The...

UN Warns Gaza Humanitarian Aid at Risk as Israel Registration Rules Threaten NGO Operations

The United Nations and more than 200 local and international aid organizations have warned that humanitarian operations in the Palestinian territories, especially Gaza, are at serious risk of collapse unless Israel removes...

Trump Attends Dover Ceremony Honoring U.S. Personnel Killed in Syria

President Donald Trump attended a solemn military ceremony on Wednesday at Dover Air Force Base in Delaware to honor three U.S. personnel killed in Syria during a suspected Islamic State attack. The dignified transfer...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

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...

Technology

Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools

Republican lawmakers are raising alarms over potential U.S. national security risks after a Reuters report revealed that Intel evaluated advanced chipmaking equipment from ACM Research, a company with significant ties to...

noyb Files GDPR Complaints Against TikTok, Grindr, and AppsFlyer Over Alleged Illegal Data Tracking.

A European privacy advocacy group has filed fresh complaints against TikTok, Grindr, and AppsFlyer, accusing the companies of violating European Union privacy laws by unlawfully tracking and sharing sensitive user data...

MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy

Shares of Chinese AI chipmaker MetaX Integrated Circuits delivered a stunning market debut, soaring more than 600% above their initial public offering price as domestic investors poured into local semiconductor stocks. The...

Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates

Apple Inc. (NASDAQ: AAPL) is reportedly in early-stage discussions with Indian semiconductor companies to explore the assembly and packaging of iPhone components in India, marking a potential shift in the companys global...

Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation

Amazon.com Inc is reportedly in discussions to make a major investment in OpenAI, the creator of ChatGPT, in a potential deal that could value the artificial intelligence company at more than $500 billion, according to a...