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FxWirePro: AUD/USD uptrend gains momentum ,eyes 0.7000 level

Sep 30, 2024 03:46 am UTC| Technicals

AUD/USD gained strength on Monday as jump in iron ore prices and weaker greenback bolstered Australian dollar. Iron ore prices surged an impressive 10% on Monday, exceeding $110 per metric ton, providing a significant...

FxWirePro: NZD/ USD remains strong as weaker dollar, higher commodities prices provide support

Sep 30, 2024 03:08 am UTC| Technicals

NZD/USD strengthened on Monday as a softer greenback combined with higher commodities prices boosted kiwi dollar. On the data front, business confidence in New Zealand rose once more, According to the ANZ survey, a net...

FxWirePro: EUR/NZD downside pressure builds, key support levels in focus

Sep 27, 2024 20:05 pm UTC| Technicals

EUR/NZD slipped lower on Friday as softer than expected Spanish and French inflation figure weighed on euro. Harmonized inflation in France decreased to an annual rate of 1.5% in September, down from 2.2%. Meanwhile,...

FxWirePro: EUR/NZD downside pressure builds, key support level in focus

Sep 27, 2024 20:04 pm UTC| Technicals

EUR/NZD slipped lower on Friday as softer than expected Spanish and French inflation figure weighed on euro. Harmonized inflation in France decreased to an annual rate of 1.5% in September, down from 2.2%. Meanwhile,...

FxWirePro: EUR/AUD falls below 1.6200 level, bears keep the advantage

Sep 27, 2024 19:57 pm UTC| Technicals

EUR/AUD slipped lower on Friday as Friday saw downside surprises in French and Spanish inflation data. European data revealed that inflation in France and Spain increased less than anticipated, raising expectations...

FxWirePro: GBP/USD losses momentum but outlook is bullish

Sep 27, 2024 17:01 pm UTC| Technicals

GBP/USD slipped lower on Friday but downside was limited as investors digested U.S. inflation data. The personal consumption expenditures price index, the Federal Reserves preferred measure of inflation, increased by...

FxWirePro: USD/ZAR heads deeper into bear territory, bears plotting path toward 17.000

Sep 27, 2024 16:50 pm UTC| Technicals

The USD/ZAR fell further on Friday as South Africas rand extended gains against weaker the dollar amid improved risk appetite. South Africas rand has risen steadily since last weeks significant interest rate hike by...

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Economy

U.S. Job Growth Expected to Slow Amid Hurricanes and Strikes

Overview of U.S. Job Growth in October U.S. job growth is anticipated to slow significantly in October due to the impact of recent hurricanes and strikes among aerospace factory workers. The Labor Departments...

New Home Prices in China Rise Amid Market Recovery Efforts

New Home Prices in China Rise Amid Market Recovery Efforts In October, new home prices in China experienced a notable increase, reflecting a potential shift in the property markets trajectory. According to a...

South Korea's Export Growth Falls to Seven-Month Low Amid Global Demand Concerns

South Koreas Export Growth Drops as Global Demand Slows South Koreas export growth slowed sharply in October, rising just 4.6% year-over-year to $57.52 billion, marking the smallest increase in seven months. This...

Macquarie Group Reports Lower-Than-Expected First-Half Profits Amid Commodities Slowdown

Macquarie Group Misses First-Half Profit Estimates as Commodities Trading Declines Macquarie Group, Australias largest investment bank, reported a first-half profit increase of 14% to A$1.61 billion (USD 1.06...

Dollar Holds Steady Ahead of U.S. Jobs Report, BOJ Signals Potential Rate Hikes

Dollar Maintains Stability Amid U.S. Jobs Report and Fed Speculation The U.S. dollar held steady against major currencies on Friday as investors anticipated the latest U.S. nonfarm payrolls report. This report is...

Politics

‘Garbage or Nazis?’ Gov. Tim Walz Defends Biden’s Remarks on Trump Supporters—‘He Was Very Clear!’ Critics Demand Apology

Minnesota Governor Tim Walz is facing backlash after defending President Joe Bidens recent comment that referred to Trump supporters as garbage. In his statement, Walz, who recently compared Trump supporters to Nazis,...

‘America’s Going to Love It!’ Elon Musk Teases ‘Fun’ Second Trump Presidency—‘It’s Gonna Be Awesome!’ Sparks Mixed Reactions

In a tweet that has stirred up strong opinions across social media, billionaire Elon Musk shared his take on a potential second presidency for former President Donald Trump, calling it the most fun America has had in a...

‘A System Flaw Exposed!’ Non-Citizen Voting Incident at University of Michigan Sparks Outrage—‘Ballot Will Still Count!’

A 19-year-old student from China, enrolled at the University of Michigan, faces charges of illegal voting and perjury for allegedly casting a ballot in the 2024 U.S. election. The case has ignited a firestorm of...

U.S. Election Officials Brace for Disruptions Amid Misinformation and Threats

Heightened Security Measures in Key Battleground States Ahead of Election Day With the U.S. election just days away, officials across crucial battleground states like Philadelphia, Detroit, and Atlanta are...

Science

Breakfast Secrets: 'Fiber-rich Foods Are the Key to Weight Loss!' Experts Reveal Shocking Truth

Health experts often emphasize the importance of a balanced diet combined with regular exercise for weight management. However, for many, achieving these goals can be a daunting challenge. Instead of drastic food...

Scabies Surge Sparks Alarm: Doctors Warn Brits, 'Don't Ignore That Rash!'

Doctors in the United Kingdom are sounding the alarm over a dramatic rise in scabies cases, urging residents not to dismiss any signs of the itchy skin condition. Recent data shows that hospitals detected approximately...

Just 21 Minutes of Cycling a Day Is 'All You Need' for Total Health, Claims Expert

John Vinton, CEO of Aventon Bikes, insists that just 21 minutes of cycling each day can drastically enhance your health. This simple yet transformative practice can lead to a multitude of benefits, including reduced risks...

Urgent Alert: New COVID Variant Causes Alarming Symptoms—You Must Know This!

The UK is experiencing a rise in COVID-19 cases, with the UK Health Security Agency (UKHSA) confirming that the XEC strain of the virus is spreading. This variant, a combination of the KS.1.1 and KP.3.3 strains, is...

Technology

OpenAI's ChatGPT Search Takes on Google—Here's How to Use It

In a bold move against Google, OpenAI has unveiled ChatGPT Search, enhancing its AI with powerful search capabilities. Powered by GPT-4o, this new feature is rolling out to ChatGPT Plus users. Heres how you can get started...

Nvidia’s $700 Million Run:ai Acquisition Triggers EU Red Flags Over Competition Concerns

Nvidias $700 million acquisition of Israeli AI firm Run:ai faces an EU regulatory review amid competition concerns in tech markets. EU regulators may require Nvidia to make concessions to secure final approval for the...

Elon Musk Fires Back at Zoox Co-Founder's Doubts Over Tesla FSD’s Robotaxi Readiness

Zoox co-founder Jesse Levinsons critique of Teslas Full Self-Driving tech sparked a pointed response from Elon Musk. Levinson questioned Teslas approach to autonomous driving safety, suggesting it isnt equipped for...

XRP Whale Drops 31M Tokens As SEC Battle Reaches Pivotal Moment

An XRP whale transferred 31 million tokens to Bitso, intensifying market chatter as Ripples legal showdown with the SEC hits a pivotal stage. With XRP hovering around $0.50 support, investors brace for possible sell-off...
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