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Wed, Dec 17, 2025 04:48 AM All times are UTC

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FxWirePro: Sell GBP/JPY on rallies

Oct 09, 2017 06:06 am UTC| Technicals

GBP/JPY has shown a minor recovery after hitting low of 146.94. The pair formed a minor top around 152.86 on Sep 25th 2017 and any further bullish continuation can be seen only above that level. GBP was trading weak...

FxWirePro: Gold recovers sharply on renewed geo political tensions, good to buy on dips

Oct 09, 2017 05:35 am UTC| Technicals

Gold has rallied sharply on Friday after weaker than expected US jobs data. US economy lost almost 33k jobs in previous month compared to forecast of 90000 addition of jobs on account of hurricane Harvey and Irma. But...

FxWirePro: NZD/USD finds strong support at 0.7057, break below to see further weakness

Oct 09, 2017 05:25 am UTC| Technicals

NZD/USD has hit fresh multi-month lows before paring some losses to currently hover at 0.7075 levels. The pair has bounced off strong support at 0.7057, we see further weakness on break below. We have seen breach...

FxWirePro: NZD/JPY slumps after bearish gap open, bias lower, stay short

Oct 09, 2017 04:10 am UTC| Technicals

NZD/JPY is extending downside after bearish gap open today, down 0.25% on the day. The pair is trading with a major bearish bias and we see scope for test of Wedge Base at 0.7870. Price action has broken below...

FxWirePro: AUD/USD trades in narrow range, 100-DMA at 0.7785 caps upside

Oct 09, 2017 03:45 am UTC| Technicals

AUD/USD has been on a downward spiral for the last 4 successive weeks. The major is trading in a narrow range in the Asian session today, with 100-DMA at 0.7758 capping upside. Weak China Caixin/Markit September...

FxWirePro: Nikkei Daily Outlook

Oct 09, 2017 03:40 am UTC| Technicals

Nikkei has shown a minor dip from the high of 20755 on weaker than expected US jobs data. US economy has lost 33000 jobs previous month compared to forecast of 90k due to hurricane Harvey and Irma.Nikkei has formed a...

FxWirePro: US Dollar Index Daily Outlook

Oct 06, 2017 13:03 pm UTC| Technicals

US Dollar index has recovered sharply and has broken 94.15 after US Non-farm payroll. It is currently trading around 94.15. US employment drops 33000 in Sep compared to forecast of 90000 due to Harvey and Irma. But...

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Economy

Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data

Most Asian currencies traded within a narrow range on Tuesday, while the U.S. dollar remained under pressure as investors stayed cautious ahead of several crucial U.S. economic indicators, starting with the nonfarm...

Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface

Australian consumer sentiment weakened sharply in early December, according to a private survey released on Tuesday, highlighting growing concerns about inflation and the broader economic outlook. The latest...

Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data

Wall Street futures edged lower on Monday evening as technology stocks remained under pressure following several weak sessions, while investors turned cautious ahead of critical US labor market and inflation data. Market...

Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist

The Bank of Japan (BOJ) is widely expected to raise interest rates to 0.75% at the conclusion of its two-day policy meeting on Friday, marking the highest level in more than 30 years and closing the year with two rate...

New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes

New Zealand has released updated financial forecasts showing the government is unlikely to return to a budget surplus over the next five years, as weak economic conditions continue to outweigh strict fiscal discipline. The...

Politics

European Leaders Tie Ukraine Territorial Decisions to Strong Security Guarantees

European leaders have agreed that any decisions regarding potential Ukrainian territorial concessions to Russia can only be considered once strong and credible security guarantees are firmly in place, according to a joint...

Taiwan Political Standoff Deepens as President Lai Urges Parliament to Withdraw Disputed Laws

Taiwans political crisis has intensified as President Lai Ching-te warned that the islands global credibility and economic competitiveness are at risk, urging parliament to withdraw a series of controversial laws opposed...

Trump Weighs Reclassifying Marijuana as Schedule III, Potentially Transforming U.S. Cannabis Industry

U.S. President Donald Trump said he is considering an executive order to reclassify marijuana as a less dangerous drug, a move that could significantly reshape federal cannabis policy and the broader marijuana industry. If...

Sydney Bondi Beach Shooting Sparks Calls for Stronger Protection of Jewish Community in Australia

Israels ambassador to Australia has urged the federal government to strengthen protections for Jewish communities following a deadly mass shooting at a Hanukkah festival near Sydneys Bondi Beach. The attack, which occurred...

European Leaders Launch International Claims Commission to Compensate Ukraine for War Damage

European leaders, including Ukrainian President Volodymyr Zelenskiy, are gathering in The Hague to launch a new International Claims Commission aimed at compensating Ukraine for hundreds of billions of dollars in damage...

Science

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...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market

SUPERFORTUNE, a web3 AI application incubated by Manta Network, has launched its first mobile application, expanding beyond crypto-native users into the global consumer market. The SUPERFORTUNE mobile app delivers...

iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures

iRobot, the company behind the popular Roomba robotic vacuum cleaner, has filed for Chapter 11 bankruptcy protection in the United States as it prepares to go private through an acquisition by Picea Robotics, its primary...

Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges

Nvidia is evaluating whether to expand production capacity for its powerful H200 artificial intelligence chips after demand from Chinese customers significantly exceeded current supply, according to multiple sources...

SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles

SpaceX has reportedly begun the early stages of preparing for a potential initial public offering (IPO), marking a significant milestone for the private aerospace company founded by Elon Musk. According to a report from...

SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation

SpaceX, the aerospace company founded by Elon Musk, has reportedly authorized an insider share sale that places its valuation at approximately $800 billion, according to a Bloomberg News report published Friday. The move...