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Wed, Dec 17, 2025 03:31 AM All times are UTC

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FxWirePro: Nikkei trades higher on weaker yen good to sell on rallies

Jun 29, 2017 03:00 am UTC| Technicals

Nikkei has recovered slightly after hitting a low of 20050 on account global equities recovery and weak yen.The index formed a major top around 20319 on Jun 20th 2017 . It is currently trading around 202290.13%...

FxWirePro: USD/CAD outlook weaker on renewed downside pressure

Jun 28, 2017 15:00 pm UTC| Technicals

The USD/CAD pair declined on Wednesday as Canadian dollar was boosted after comments by Bank of Canada Poloz raised prospects of July rate hike. Poloz said in a CNBC interview in Europe that Interest rate cuts made in...

FxWirePro: GBP/USD rallies to three-week after BOE signal rate hike, scope for further upside

Jun 28, 2017 14:21 pm UTC| Technicals

GBP/USD rose to hit three weeks high on Wednesday as sterling was boosted after Bank of England Governor Mark Carney said the Bank was likely to need to raise interest rates and would debate this in the coming...

FxWirePro: EUR/USD Trade Idea

Jun 28, 2017 12:46 pm UTC| Technicals

EUR/USD has broken major resistance of 1.1300 after two weeks consolidation. The pair jumped sharply till 1.13866 at the time of writing on account of positive comments for ECB President Draghi on Eurozone economy and...

FxWirePro: Sell S&P500 on rallies

Jun 28, 2017 12:36 pm UTC| Technicals

SP500 has declined slightly after forming a temporary top around 2453 on Jun 19th 2017. The index broken minor trend line support at 2430 and declined till 2415. It is currently trading around 2425. On the lower side,...

FxWirePro: EUR/NZD upside pauses at cloud base, good to go long on break above

Jun 28, 2017 11:02 am UTC| Technicals

EUR/NZD is trading with a bullish bias, we see scope for further upside. The pair has held strong trendline support at 1.5235 and edged higher to break above 20-DMA on Tuesdays trade. Momentum studies are...

FxWirePro: GBP/AUD rallies likely to drag but restrained below 38.2% Fibos and 21-EMAs - Deploy short hedges as consolidation phase struggles for momentum

Jun 28, 2017 10:56 am UTC| Technicals

On 4H charts, the rallies resume in the major downtrend, mild bullish swings are favored by momentum oscillators. The bullish DMA crossover (7DMA crosses over 21DMA) that indicates current upswings likely to extend upto...

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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...