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AUDJPY Struggles Below 100: Bearish Outlook Persists

Nov 07, 2025 08:30 am UTC| Technicals

AUDJPY lost its shine after a minor pullback above the 100 level. It hit a low of 98.82 and is currently trading around 99.40. Intraday trend remains bearish as long as the resistance at 100.40 holds. Oscillatorsand...

FxWirePro: NZD/USD dips below lower range, bearish bias increases

Nov 07, 2025 08:00 am UTC| Technicals

NZD/USD extended fall on Friday as soft domestic jobs figures raised the risk of an outsized half-point rate cut to 2% from the Reserve Bank of New Zealand later this month. New Zealands unemployment rate rose to 5.3%...

NZDJPY on Bearish Turf: Sell Rallies Amid Weak NZD Momentum

Nov 07, 2025 07:55 am UTC| Technicals

NZDJPY lost its shine on board-based New Zealand dollar selling. The intraday trend is bearishas long as the resistanceat 87 holds. Having reached anintraday low of 85.94,it now trades around 86.01. Oscillators and...

FxWirePro: AUD/USD under pressure after early buying dries up

Nov 07, 2025 04:50 am UTC| Technicals

AUD/USD slipped lower on Friday as renewed risk-off sentiment swept across global markets. Global equity markets saw another round of tech-led declines on valuation worries and rising U.S.China strains in AI trade,...

FxWirePro: USD/JPY edges higher but bulls lack punch

Nov 07, 2025 04:21 am UTC| Technicals

USD/JPY edged higher on Friday as fresh demand for the greenback outweighed concerns over a looming U.S. government shutdown. The U.S. government shutdown has pushed back the release of the non-farm payrolls report,...

FxWirePro: EUR/AUD bulls gain momentum heading into the weekend

Nov 06, 2025 23:08 pm UTC| Technicals

EUR/AUD rebounded sharply on Thursday as Australian dollar turned lower against euro as risk sentiment turned sour. ECB policymakers reiterated that current policy remains appropriate and said they will not react to...

FxWirePro: EUR/NZD sustains gains as uptrend remains strong

Nov 06, 2025 22:47 pm UTC| Technicals

EUR/NZD climbed sharply on Thursday as the kiwi remained continued to pressured by weak New Zealand employment data released earlier this week. New Zealands jobless rate rose to a nine-year high in Q3 as businesses...

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Economy

South Korea Producer Prices Rise 0.2% in August

South Koreas producer prices returned to growth in August, as a heat wave pushed up agricultural goods prices and added fresh pressure to production costs, preliminary data from the Bank of Korea showed Friday. The...

Asian Stocks Rise as Oil Falls, BOJ Rate Decision in Focus

Asian stocks advanced on Friday as falling oil prices eased inflation concerns and a technology-led Wall Street rebound boosted investor sentiment ahead of the Bank of Japans closely watched interest-rate decision....

Gold Prices Rise as Oil and Treasury Yields Fall

Gold prices climbed on Friday as declining oil prices and lower U.S. Treasury yields eased inflation concerns, helping the precious metal recover from losses triggered by the Federal Reserves latest interest rate hike....

Asian Chip Stocks Rally as Treasury Yields Ease

Asian technology and semiconductor stocks rallied on Friday, following strong gains in U.S. chipmakers as lower Treasury yields and falling oil prices boosted investor appetite for growth-sensitive equities. The regional...

Oil Prices Fall as Saudi Supply Concerns Ease

Oil prices declined for a third consecutive session on Friday as improving prospects for Saudi Arabian crude exports eased immediate supply concerns, outweighing fears that escalating Middle East tensions could disrupt...

Politics

South Korea’s Lee Rules Out Military Role in Middle East War

South Korean President Lee Jae Myung said Friday that Seoul will not deploy military forces to the Middle East in any capacity that could pull the country into war, while confirming that officials are considering a greater...

Najib Razak Granted House Arrest Until 2028

Malaysias pardons board has agreed to allow jailed former Prime Minister Najib Razak to serve the remainder of his prison sentence under house arrest, according to a statement from the prime ministers legal department on...

Houthis Seize Bab el-Mandeb as Military Power Grows

Yemens Houthi movement has strengthened its position as a major regional military force after a rapid offensive gave it control of the strategically important Bab el-Mandeb Strait, a critical passage connecting the Red Sea...

Pentagon Restarts Testosterone Testing for US Troops

The Pentagon is reinstating mandatory testosterone deficiency screening for U.S. service members aged 30 and older, reviving a controversial military health policy that has drawn concerns from medical professionals over...

Kim Yo Jong Warns of Stronger Response to US-Led Military Drills

North Koreas Kim Yo Jong has blamed US-led military exercises for escalating tensions on the Korean Peninsula, warning that Pyongyang will continue strengthening its nuclear deterrent and could take more forceful...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

US Federal Register Drops Alibaba Qwen AI Search Tool

A U.S. government website used an artificial intelligence model developed by Chinas Alibaba to help users search federal regulatory information, despite recent U.S. concerns about Chinese AI companies and their use of...

France Urges Faster AI Push Despite Safety Risks

French Finance Minister Roland Lescure has pushed back against calls to slow artificial intelligence development, arguing that such proposals could benefit U.S. technology leaders while making it harder for France and...

Guterres Urges Stronger Global AI Safeguards Ahead of UN Assembly

United Nations Secretary-General Antonio Guterres warned world leaders on Wednesday that the rapid development of artificial intelligence carries significant risks that governments cannot afford to overlook, highlighting a...

Databricks to Invest $350 Million in Singapore AI Expansion

Databricks plans to invest more than $350 million in Singapore over the next three years, expanding its presence in the city-state as demand rises for its data and artificial intelligence products. The privately held data...

SK Hynix, Intel Discuss U.S. Memory Chip Production Deal

SK Hynix is reportedly in discussions with Intel over a potential agreement to manufacture memory chips in the United States, a move that would mark the South Korean semiconductor giants first U.S.-based memory production....
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