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Fri, Dec 27, 2024 07:00 AM All times are UTC

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FxWirePro: EUR/CAD moves lower as French politics weighs

Dec 02, 2024 09:32 am UTC| Technicals

EUR/CAD declined on Monday as euro attracted sellers on growing concerns about a possible government collapse in France. Prime Minister Michel Barniers government is on the brink of collapse after the far-right National...

FxWirePro- EURJPY Trade Idea

Dec 02, 2024 09:21 am UTC| Technicals

The EUR/JPY is trading weak for a third consecutive week and lost more than 300 pips on board-based Euro weakness. It hit a low of 158.23and currently trading around 158.74.The bearish intraday outlook is maintained as...

FxWirePro: USD/JPY capped by the 38.2% fibonacci, good to sell on rally

Dec 02, 2024 09:18 am UTC| Technicals

USD/JPY strengthened on Monday as dollar rebounded on rate uncertainty and tariff threat. On the data front, Japanese corporate spending on plant and equipment accelerated in the third quarter, indicating strong...

FxWirePro: USD/ZAR AUD bulls gear up for next leg higher, eyes 1.8300 level

Dec 02, 2024 08:49 am UTC| Technicals

The USD/ZAR strengthened on Monday as US dollar rebounded strongly after U.S. President-elect Donald Trump warned BRICS members against adopting a new currency. In a surprising shift, Trump on Saturday demanded that...

FxWirePro: NZD/USD bears set to regain control after Friday's failure

Dec 02, 2024 08:29 am UTC| Technicals

NZD/USD dollar dipped on Monday as Kiwi dollar was pressured by a rebound in the US dollar. The dollar rebounded after U.S. President-elect Donald Trump threatened on Saturday that BRICS countries must avoid creating...

Sell Strategy: GBP/JPY Could Slide Further—Here’s the Plan

Dec 02, 2024 08:00 am UTC| Technicals

The GBP/JPY currency pairlost its shine after a minor pullback. It hit a low of 190.47at the time of writing and is currently trading around 190.36.The Potential Reversal Zone (PRZ) is set at 200.20. The Japanese yen...

FxWirePro: USDCNY hits fresh 4-month high, scope for further upside

Dec 02, 2024 06:11 am UTC| Technicals

USD/CNY rose to fresh four month high on Monday as tariff threats and mixed purchasing managers index (PMI) data weighed on yuan. On Saturday, U.S. President-elect Donald Trump threatened that BRICS member countries...

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Economy

Tokyo's Inflation Surge: Energy Prices Drive December CPI Up to 2.4%

In December 2024, the core Consumer Price Index (CPI) for Tokyo Prefecture increased by 2.4% compared to a year earlier, rising from 2.2% in November. This change is important because it shows that prices continue to rise,...

Tokyo Inflation Gains Heat as January Rate Hike Expectations Build Around BOJ Policy Moves

Inflation in Tokyo surged in December, climbing to 2.4 percent as price pressures widened. With the Bank of Japans January policy meeting looming, markets are speculating on whether a further rate hike is on the horizon...

Samsung Brings Galaxy Ring 2 and AR Smart Glasses to Galaxy Unpacked 2025 With S25 Series

Samsung is shaking up the tech world at Galaxy Unpacked 2025, unveiling the Galaxy S25 Series, the advanced Galaxy Ring 2, and its cutting-edge AR Smart Glasses. This bold lineup promises a fresh leap into wearable...

Apple’s 2nm Chips Skip iPhone 17 as TSMC Prepares 2026 Launch for iPhone 18

Apple has decided to wait until 2026 to incorporate TSMCs 2nm chips into the iPhone 18. The move bypasses the iPhone 17, as TSMC works on scaling its production to meet industry demands and cut costs. Apple Expected to...

Alibaba Partners with E-Mart in $4 Billion Deal to Strengthen South Korean Online Retail Leadership

In a $4 billion agreement, Alibaba Group and E-Mart are merging their South Korean e-commerce platforms, forming a joint venture to take full ownership of Gmarket. The deal positions the companies to compete with top...

Politics

Trump Flirts With Idea of Wayne Gretzky for Canada PM Suggests 'He'd Win Without Even Campaigning'

As President-elect Donald Trump prepares for his return to the White House in 2025, he has recently caused a stir by floating the idea of hockey legend Wayne Gretzky running for prime minister of Canada. This unexpected...

Elon Musk Reveals Shocking Weight-Loss Secret Calls Himself Ozempic Santa and Stuns Fans

On Christmas Day, billionaire Elon Musk shocked his followers by sharing a revealing post about his weight-loss journey. Known for his outspoken personality, Musk posted a photo of himself dressed as Santa Claus on X,...

Fox Host Apologizes to John Fetterman Calls Him My Favorite Senator After Shocking Change of Heart

Fox News host Jesse Watters has taken the unexpected step of putting Pennsylvania Senator John Fetterman on his nice list, surprising viewers with an apology for his past criticism. The conservative pundit, known for his...

Most Obamacare Applicants Live in Trump-Voting States Raising Concerns for the GOP

The Affordable Care Act (ACA) remains a vital healthcare source for millions of Americans, with a surprising number of participants hailing from states that voted for Donald Trump in the 2024 presidential election. As of...

Marianne Williamson Vows to Rebuild DNC After Losses, Says 'We Must Reinvent the Party or Fall Behind'

On December 26, 2024, Marianne Williamson, a spiritual author and former presidential candidate, declared her candidacy for Chair of the Democratic National Committee (DNC). The 72-year-old author, best known for her...

Science

Public Health Experts Warn of ‘Quad-Demic’ as Flu, COVID, RSV, and Norovirus Threaten Winter Surge

Public health experts are raising alarms over a potential quad-demic this winter, with flu, COVID-19, respiratory syncytial virus (RSV), and norovirus all expected to surge simultaneously. This unprecedented convergence of...

Philippines' 'Missile Acquisition' Plan Provokes China's 'Arms Race' Warning

The Philippines has announced plans to acquire the U.S.-developed Typhon missile system to bolster its maritime defense capabilities. This decision has elicited strong reactions from China, which warns that such a move...

Christmas Eve Asteroid' to Skim Past Earth at 14,743 mph Tonight, NASA Warns

NASA has announced that an asteroid, comparable in size to a 10-story building, will make a close approach to Earth on Christmas Eve. The space rock, designated 2003 SD220, is expected to pass by our planet at a speed of...

Emergency Declared as Bird Flu 'Spreads' to California Dairy Cows

California Governor Gavin Newsom has officially declared a state of emergency in response to the rapidly escalating bird flu outbreak. The declaration comes after avian influenza was detected in dairy cows, a rare and...

Missing Radioactive Material in New Jersey Sparks Panic — Are Drones ‘Hunting for It’?

A small amount of radioactive material went missing in New Jersey earlier this month, raising concerns over public safety and potential security risks. The U.S. Nuclear Regulatory Commission (NRC) confirmed on December 2,...

Technology

Xiaomi Expands EV Charging Access Across China With NIO, XPeng, and Li Auto Networks

Xiaomi has joined the EV charging networks of NIO, XPeng, and Li Auto, giving its customers access to over 29,000 stations across China. The move marks a strategic step in bolstering Xiaomis EV business amid growing...

Japan Airlines Faces Cyberattack Disruption with Over 60 Delayed Flights and Canceled Domestic Routes

Japan Airlines experienced significant disruptions on Thursday as a cyberattack led to over 60 flight delays, including 11 international routes, and two domestic cancellations. The airline quickly resolved the network...

Nintendo Switch 2 Reveal Rumors Explode as Countdown Ending January 8 Fuels New Leaks

Nintendo Switch 2 speculation reaches new heights with a countdown set for January 8 and leaked dock images circulating online. Fans are eager but cautious as the buzz around the anticipated reveal grows. Weibo Leaker...

Sam Altman Says Superintelligence Will Ignite a 10X Boom in AI Breakthroughs Transforming the Future of Innovation

Sam Altman envisions a world where superintelligence propels AI innovation 10x faster than expected, transforming global progress and redefining humanitys future. Early Arrival of AGI Sparks Debate The most noteworthy is...

South Korea Eyes $13.9 Billion KSMC Project to Outpace TSMC and Reinvent Semiconductor Innovation

South Korea is developing KSMC with a $13.9 billion investment to challenge TSMC and foster innovation across its semiconductor ecosystem. KSMC Proposal Aims to Strengthen South Koreas Semiconductor Sector Korea...