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Thu, Dec 18, 2025 03:01 AM All times are UTC

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FxWirePro: GBP/USD trades higher on flattening of Yield curve, good to buy on dips

Nov 17, 2017 09:40 am UTC| Technicals

Major Resistance 1.3230 (double top) Cable recovers sharply after forming a temporary bottom at 1.30618 after dovish rate hike. The main reason for jump in UK pound was mainly due to better than expected UK economic...

FxWirePro: EUR/CAD deceptive shooting star likely to lead bear-trap, major trend goes non-directional after hammer patterns – One touch binaries to trade

Nov 17, 2017 09:17 am UTC| Technicals

Chart and candlestick patterns formed- Rising channel pattern, shooting stars at channel resistance and hammer pattern at channel baseline (on monthly plotting) and shooting star pattern has occurred at 1.5049 levels (on...

FxWirePro: USD/CAD trades higher on weak crude oil price, good to buy on dips

Nov 17, 2017 09:17 am UTC| Technicals

Lonnie has shown a minor jump after hitting low of 1.27835 yesterday on better than expected Canada manufacturing data. The pair hits low of 1.27138 and recovered slightly from that level. The pair jumped till 1.27670 at...

FxWirePro: USD/ZAR hits fresh weekly low at 14.11 mark, consistent close below requires for downside rally

Nov 17, 2017 08:42 am UTC| Technicals

USD/ZAR is currently trading around 14.20 levels. It made intraday high at 14.21 and low at 14.11 levels. Intraday bias remains slightly bullish for the moment. A daily close above 14.14 will take the...

FxWirePro: Indian rupee appreciates as Moody upgrades Indian government bond

Nov 17, 2017 07:34 am UTC| Technicals

USD/INR is currently trading around 64.96 marks. It made intraday high at 65.28 and low at 64.72 marks. Intraday bias remains bearish till the time pair holds key resistance at 65.28 mark. Key resistances...

FxWirePro: EUR/USD trades above 1.1800 level, markets eyes ECB Draghi

Nov 17, 2017 07:20 am UTC| Technicals

EUR/USD shown a minor recovery above 1.18000 on US dollar sell off during Asian session. The pair jumped till 1.18218 and is currently trading around 1.18140. US House of Representatives approved tax reforms proposals of...

FxWirePro: USD/CHF upside capped by 20- day MA, good to sell on rallies

Nov 17, 2017 06:54 am UTC| Technicals

USD/CHF has shown a minor recovery almost 100 pips from the 3- week low of 0.98460. The pair jumped due to slight increase in US bond yield. It hits high of 0.99450 and is currently trading around 0.99227. US jobless...

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Economy

Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React

The U.S. dollar remained steady against major global currencies on Thursday as investors positioned themselves ahead of key central bank decisions in the United Kingdom, Europe and Japan. Currency markets showed cautious...

BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited

The Bank of England is widely expected to cut interest rates on Thursday as signs mount that UK inflation is easing and economic growth is weakening. Financial markets anticipate a 25-basis-point reduction, bringing the...

U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data

U.S. stock index futures inched higher on Wednesday evening, supported by blowout earnings and strong guidance from Micron Technology, although broader gains remained limited as investors stayed cautious ahead of key U.S....

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....

Politics

U.S. House Advances GOP Healthcare Bill as ACA Subsidies Near Expiration

A major U.S. federal healthcare subsidy expanded during the COVID-19 pandemic is set to expire at the end of the year after the House of Representatives narrowly advanced a Republican healthcare bill that does not renew...

U.S. Initiates $11.1 Billion Arms Sale to Taiwan Amid Rising China Tensions

Taiwans defence ministry announced on Thursday that the United States government has formally initiated the congressional notification process for a proposed $11.1 billion arms sale to Taiwan, underscoring Washingtons...

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...

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

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...

Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand

Micron Technology delivered record first-quarter results and issued a bullish forecast for the current quarter, driven by rising memory prices and strong demand linked to artificial intelligence workloads. The upbeat...

Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track

Oracle shares fell more than 4% on Wednesday after a Financial Times report claimed that Blue Owl Capital, Oracles largest U.S. data center partner, decided not to support a planned $10 billion data center project in...

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...