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Wed, Dec 17, 2025 03:41 PM All times are UTC

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FxWirePro: Nikkei trades lower on stronger yen, good to sell on rallies

Sep 08, 2017 06:30 am UTC| Technicals

Nikkei has declined once again after showing a minor recovery till 19482 on account of stronger yen and global equities sell off. The political uncertainty in North Korea has increased demand for safe haven assets like...

FxWirePro: NZD/USD spikes past 20-DMA at 0.7244, eyes 78.6% Fibo at 0.74, stay long

Sep 08, 2017 06:21 am UTC| Technicals

NZD/USD spikes past 20-DMA to hit 3-week highs at 0.73373, bias higher. Broad based sell-off in the greenback post US jobless claims reports which showed a sharp increase to the highest since 2015 supporting...

FxWirePro: EUR/JPY shooting star plummets rally, gravestone to bear trap, major trend retraces 50% Fibos – Long hedges on bullish leading and lagging indications

Sep 08, 2017 06:17 am UTC| Technicals

Bulls gain traction after hammer formation, Shooting star counters, and the trend has been drifting non-directional mode, while the current prices are well above 21DMAs amid gravestone doji formation. For now,...

FxWirePro: Chinese yuan strengthens past 6.45 per U.S. dollar after trade balance data

Sep 08, 2017 05:31 am UTC| Technicals

USD/CNY is currently trading around 6.4451 marks. It made intraday high at 6.4829 and low at 6.4446 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.5285 mark. A sustained...

FxWirePro: AUD/USD breakout of Symmetric Triangle pattern raises scope for further upside, stay long

Sep 08, 2017 05:17 am UTC| Technicals

AUD/USD hits 28-month high at 0.8116 before paring some gains to currently trade around the 0.81 handle. Upbeat home loans data from Australia remained supportive of the strong bid tone surrounding the...

FxWirePro: USD/SGD falls below 1.34 mark, bias remains bearish

Sep 08, 2017 04:20 am UTC| Technicals

USD/SGD is currently trading around 1.3370 marks. It made intraday high at 1.3408 and low at 1.3364 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3501 mark. A daily close...

FxWirePro: USD/JPY hits 2017 lows at 108.04, bias lower, good to go short on rallies

Sep 08, 2017 04:18 am UTC| Technicals

Persistent weakness in the greenback coupled with weaker market sentiment reinforces downside in USD/JPY. The pair has breached major trendline support at 108.40 to hit lowest since Nov 2016. Technical weakness...

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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

NSW to Recall Parliament for Urgent Gun and Protest Law Reforms After Bondi Beach Shooting

The Australian state of New South Wales will recall parliament next week to pass sweeping reforms to gun ownership and protest laws following the countrys deadliest mass shooting in more than 30 years. The move comes just...

Pakistan’s Army Chief Faces Gaza Troop Dilemma Amid US Pressure

Pakistans most powerful military leader in decades, Field Marshal Asim Munir, is facing a critical test of his expanded authority as the United States presses Islamabad to contribute troops to a proposed Gaza stabilisation...

Trump Taps Former DHS Official Troy Edgar for U.S. Ambassador Role in El Salvador

President Donald Trump announced on Tuesday that he intends to nominate Troy Edgar as the next United States ambassador to El Salvador, highlighting the administrations continued focus on strengthening diplomatic and...

Lukashenko Urges Swift Ukraine Peace Deal, Backs Trump’s Push for Rapid Resolution

Belarusian President Alexander Lukashenko has called for urgent action to end the war in Ukraine, voicing support for U.S. President Donald Trumps push for a rapid resolution while Washington continues diplomatic efforts...

Trump Administration Moves to Keep TransAlta Coal Plant Running Amid Rising AI Power Demand

The U.S. Energy Secretary has signed an emergency order to keep a key coal-fired power unit at the TransAlta-owned Centralia Generating Station in Washington state operating through much of the winter, marking the latest...

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

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...

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...