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Thu, Dec 18, 2025 12:50 AM All times are UTC

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FxWirePro: Gold trades higher on weak US dollar, good to buy on dips

Dec 28, 2017 07:11 am UTC| Technicals

Gold jumped almost $15 from yesterdays low of $1281 and hits 4- week high highest level since Dec 1st 2017. The main reason for jump is due to weakness of US dollar. US dollar index has broken trend line support at 93 and...

FxWirePro: NZD/USD breaks major resistance at 0.7059, eyes 200-DMA at 0.7104

Dec 28, 2017 07:02 am UTC| Technicals

NZD/USD has shown a decisive breakout above major resistance at 0.7059 (converged 100 and 20 W SMA). Technical studies on weekly charts are bullish, Stochs have rolled over from oversold levels and RSI is biased...

FxWirePro: Kiwis trades in between 50% Fibos and 21EMA, spikes at 2-months highs but restrained at 0.7099 – Boundary binaries to speculate rallies

Dec 28, 2017 06:59 am UTC| Research & Analysis Technicals

NZDUSD intermediate bulls test support at 50% Fibonacci retracements from the highs of 0.7558 levels. Ever since then, sharp rallies have gone above 7EMA. For now, the current prices are hitting 2-months highs. Your...

FxWirePro: Taiwanese dollar hits over 3-year high, up 0.2 pct at 29.73 per U.S. dollar

Dec 28, 2017 04:40 am UTC| Technicals

USD/TWD is currently trading around 29.81 marks. It made intraday high at 29.95 and low at 29.73 marks Intraday bias remains bearish till the time pair holds key resistance at 30.02 mark. A daily close above...

FxWirePro: Thai baht strengthens on robust manufacturing output data

Dec 28, 2017 03:49 am UTC| Technicals

USD/THB is currently trading around 32.64 marks. It made intraday high at 32.81 and low at 32.61 marks. Intraday bias remains bearish till the time pair holds key resistance at 32.81 mark. A daily close...

FxWirePro: ASX200 trades higher on rising commodity price, good to buy on dips

Dec 28, 2017 03:26 am UTC| Technicals

ASX200 has shown a minor weakness after hitting a high of 6097 on Dec 26th 2017. The index dipped till 6058 and is currently trading around 6078. Short term trend is bullish as long as support 5997 holds. The slight jump...

FxWirePro: Japanese yen appreciates on robust industrial production, retail sales data

Dec 28, 2017 02:43 am UTC| Technicals

USD/JPY is currently trading around 113.17 marks. It made intraday high at 113.34 and low at 113.14 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 113.62 marks. A...

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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

Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies

A union-aligned investment group has urged major U.S. corporations including Amazon, Walmart and Google-parent Alphabet to explain how President Donald Trumps immigration policies are affecting their finances, workforce...

Venezuela Seeks UN Security Council Meeting Over U.S. Oil Tanker Blockade

Venezuela has formally requested an urgent meeting of the United Nations Security Council to address what it described as ongoing U.S. aggression against the country, according to a letter seen by Reuters. The request...

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...

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

OpenAI Explores Massive Funding Round at $750 Billion Valuation

OpenAI, the company behind the widely used AI chatbot ChatGPT, has reportedly entered preliminary discussions with investors about a potential new funding round that could value the company at approximately $750 billion....

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...