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FxWirePro: EUR/KRW consolidates around 1,302 mark, bias remains neutral

Jul 28, 2017 01:36 am UTC| Technicals

EUR/KRW is currently trading around 1,302 mark. Pair made intraday high at 1,304 and low at 1,302 levels. Intraday bias remains neutral for the moment. A sustained close above 1,302 will take the parity...

FxWirePro: Japanese yen strengthens in early Asia on robust household spending, core CPI data

Jul 28, 2017 01:01 am UTC| Technicals

USD/JPY is currently trading around 110.98 marks. It made intraday high at 111.33 and low at 110.94 levels. Intraday bias remains bearish till the time pair holds key resistance at 111.70 marks. A daily...

FxWirePro: GBP/USD maintains bullish bias with focus on 1.3200 level

Jul 27, 2017 14:22 pm UTC| Technicals

GBP/USD rose higher on Thursday as dollar was hurt after the U.S. Federal Reserve left policy unchanged and appeared less confident about inflation picking up, which investors took as a sign rates could be kept low for...

FxWirePro: CHF/JPY Outlook

Jul 27, 2017 13:22 pm UTC| Technicals

The pair has broken major support of 116.43 made on Jul 14th 2017. The pair declined till 115.90 at the time of writing and is currently trading around 115.91. Technically the pair is facing major support around...

FxWirePro: WTI bears pop up at channel resistance, break-out above pivot point to add stimulus to consolidation phase – Double touch binaries to speculate

Jul 27, 2017 13:09 pm UTC| Technicals

The bearish swings are popped up exactly at channel resistance in the consolidation phase. Stiff resistance is seen at around 49.09 levels. You could very well observe, historically, it has shown the weakness at the...

FxWirePro: NZD/USD edges lower from fresh 2-year high at 0.7558, bias higher

Jul 27, 2017 12:02 pm UTC| Technicals

NZD/USD spiked to hit fresh 2-year highs at 0.7558, bias still higher. The FOMC decision which was less hawkish than expected, disappointed hawks, weighing on the USD. Further Kiwi buoyed on the back of strong Chinese...

FxWirPro: GBP/JPY Trade idea

Jul 27, 2017 12:01 pm UTC| Technicals

Major support 144 (55 EMA and trend line support). GBP/JPY has made a high of 146.40 yesterday after forming a minor bottom at 144. It is currently trading around 146.17. On the higher side, minor resistance is...

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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

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 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...
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