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Sun, Apr 12, 2026 04:57 PM All times are UTC

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FxWirePro: GBP/JPY faces strong trend resistance at 146.75, break above targets 148.10

Aug 02, 2017 12:57 pm UTC| Technicals

Major support 145.30 (Trend line joining 138.67 and 139.20). GBP/JPY formed a minor bottom around 144.80 on Jul 31st 2017 and recovered slightly from that level. It has declined till 146.66. The pair is facing...

FxWirePro: AUD/NZD breaks 100-DMA at 1.0671, eyes trendline at 1.0830, stay long

Aug 02, 2017 12:05 pm UTC| Technicals

Kiwi slumps across the board after worse-than expected NZ jobs data which saw unemployment drop to 4.8 percent. However, the participation rate fell 0.6 percentage points to 70.0 percent, the labour force contracted...

FxWirePro: AUD/CAD fails to hold break above major trendline resistance at 1.0015, bias neutral

Aug 02, 2017 11:36 am UTC| Technicals

AUD/CAD struggles at major trendline resistance at 1.0015, bias remains neutral. Spinning top formation seen on Tuesdays and Wednesdays trade till now. The pair is currently trading at 0.9992 after hitting highs...

FxWirePro: EUR/USD downside capped by 5- day MA, good to buy on dips

Aug 02, 2017 10:55 am UTC| Technicals

EURUSD has broken 18 month high of 1.18455 made yesterday and jumped till 1.18680 at the time of writing. The pair declined till 1.17850 yesterday on account of profit booking. It is currently trading around 1.18336 0.27%...

FxWirePro: EUR/JPY breaks consolidation, takes out 131 handle to hit fresh 18-month high at 131.40

Aug 02, 2017 10:49 am UTC| Technicals

EUR/JPY edges lower from fresh 18-month high at 131.40, is currently trading at 131.07. The major has broken out of consolidation phase in which it was confined since start of July. Upside has broken above weekly...

FxWirePro: USD/CHF consolidates in narrow range, good to buy on dips

Aug 02, 2017 10:01 am UTC| Technicals

USD/CHF consolidates below 0.97260 and intraday bias is still neutral. The pair should break above 0.97260 for minor bullishness. Minor trend is bullish as long as support 0.9590 holds. Any break below will drag the...

FxWirePro: GBP/AUD holds above 1.66 handle after UK construction PMI miss, bias higher, stay long

Aug 02, 2017 09:07 am UTC| Technicals

The latest manufacturing PMI reading had fuelled lingering hopes of a hawkish BoE surprise tomorrow. But big miss on UK construction PMI today dents hopes for a hawkish surprise. Data released earlier today...

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Economy

BCA Research Warns U.S.-Iran Ceasefire Could Collapse, Maintains Cautious Equity Outlook

BCA Research is cautiously optimistic about the recently announced U.S.-Iran ceasefire but is warning investors that the truce remains highly unstable. The firms chief geopolitical strategist, Matt Gertken, puts the odds...

U.S. Natural Gas Market Faces Short-Term Pressure but Long-Term Demand Surge

Wall Street analysts remain divided on the U.S. natural gas outlook, citing near-term price weakness alongside robust long-term demand fundamentals driven by LNG exports and growing global power consumption. Benchmark...

Chinese Brands Are Taking Over Brazil — And It's Just Getting Started

Chinese businesses are making bold moves into Brazil, marking a significant shift in how China is expanding its global footprint. Leading the charge is Mixue, the ice cream and beverage giant that already operates more...

Bank of America Maintains Forecast for Two Fed Rate Cuts in 2026 Despite Inflation Risks

Bank of America is holding firm on its prediction that the Federal Reserve will cut interest rates twice in 2026, even as inflation concerns linger. In a note to clients, U.S. economist Aditya Bhave outlined why the bank...

Trump Claims Oil Tankers Heading to U.S. Amid Iran War and Strait of Hormuz Crisis

President Donald Trump announced Saturday that a large number of empty oil tankers are currently sailing toward the United States, intending to load American crude oil and natural gas. Trump made the claim via Truth...

Politics

U.S.-Iran Peace Talks in Islamabad Pause With Key Differences Unresolved

High-stakes diplomatic negotiations between the United States and Iran wrapped up in Islamabad, Pakistan on Sunday after roughly 14 hours of intense discussion, marking the first direct engagement between the two nations...

Islamabad at a Standstill as U.S.-Iran Peace Talks Take Center Stage

Islamabad has been transformed into a virtual ghost town as high-stakes direct negotiations between the United States and Iran got underway for the first time in years. Pakistani authorities imposed a citywide lockdown,...

Costa Rica Receives First Wave of U.S.-Deported Migrants Under New Bilateral Agreement

Costa Rica officially welcomed its first group of U.S.-deported migrants on Saturday, marking a significant milestone in a bilateral deportation agreement signed between the two nations in March. The group comprised 25...

U.S.-Iran Nuclear Talks Resume in Islamabad Amid Strait of Hormuz Standoff

High-stakes diplomatic negotiations between the United States and Iran entered their second day in Islamabad on Sunday, with both sides still far apart on key issues particularly American demands over the Strait of...

Trump Warns China Over Iran Arms as Diplomatic Talks Intensify

U.S. President Donald Trump issued a stark warning to China on Sunday, cautioning that Beijing would face serious consequences if it were to supply weapons to Iran. The statement, delivered to reporters outside the White...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

OpenAI Addresses Security Vulnerability in macOS App Certification Process

OpenAI disclosed a security concern on Friday involving a third-party developer tool known as Axios, which is connected to the process used to verify the authenticity of its macOS applications. The company confirmed it has...

San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home

San Francisco police arrested a 20-year-old suspect Friday following a pre-dawn attack on OpenAI CEO Sam Altmans residence in the citys North Beach neighborhood. According to the San Francisco Police Department, an...

SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20

Nasdaq Inc. confirmed late Friday that SanDisk Corporation will enter the Nasdaq-100 Index, taking the spot previously held by Atlassian Corp Plc when markets open on Monday, April 20, 2026. The change signals a broader...

TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...