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FxWirePro- EURUSD Daily Outlook

May 17, 2023 08:26 am UTC| Technicals

Ichimoku analysis (4-hour chart) Tenken-Sen- 1.08798 Kijun-Sen- 1.09213 EURUSD pared some of its gains despite improvement in market sentiment. US President Biden and top congressional Republican Kevin...

FxWirePro- GBPJPY Daily Outlook

May 17, 2023 06:15 am UTC| Technicals

GBPJPY is consolidating in a narrow range between 169.39 and 170.83 for the past three days. It hits an intraday high of 170.55 and is currently trading around 170.52. GBPUSD- Trend- Bearish The pound...

FxWirePro- Gold Daily Outlook

May 17, 2023 04:53 am UTC| Technicals

Ichimoku Analysis (4-hour chart) Tenken-Sen- $2003.52 Kijun-Sen- $2013.42 Gold prices lost more than $30 yesterday despite weak retail sales. US President Biden and top congressional Republican Kevin...

FxWirePro: GBP/NZD consolidates above 2.0000 after early fall, maintains bullish bias

May 16, 2023 22:34 pm UTC| Technicals

GBP/NZD strengthened on Tuesday after UK pay growth remained strong. Basic pay rose by 6.7% in the three months to March compared with the same period last year, picking up slightly from 6.6% in the three months to...

FxWirePro: EUR/NZD bulls rebuilding within solid at 1.7385

May 16, 2023 20:19 pm UTC| Technicals

EUR/NZD initially dipped on Tuesday but recovered ground as buying demand continued near 1.7390 level. . EUR/NZD gains near 1.7460(11DMA),consolidation likely to continue while market seeks fresh factors. Technicals...

FxWirePro:GBP/AUD steadies above 1.8750 ,retains bid tone

May 16, 2023 17:47 pm UTC| Technicals

GBP/ AUD strengthened on Tuesday after data showed UK data showed pay growth remained strong by historical standards. Basic pay rose by 6.7% in the three months to March compared with the same period last year, up from...

FxWirePro: EUR/AUD attracts buying interest, 23.6% fibonacci eyed

May 16, 2023 17:03 pm UTC| Technicals

EUR/AUD steadied on Tuesday as disappointing Chinese data, lower equity and copper prices weighed on Australian dollar. Chinas April industrial output and retail sales growth undershot forecasts, suggesting the economy...

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Economy

South Korea to Monitor Financial Markets Amid Growing Volatility

South Korea Expands Market Monitoring to Address Volatility South Koreas Finance Minister, Choi Sang-mok, announced on Friday that the government is prepared to respond swiftly to any excessive volatility in the...

Japan's Currency Intervention: A Strategic Response to Yen Volatility

Japans Currency Intervention Efforts In July 2024, Japans Ministry of Finance (MOF) reported significant currency interventions to address the volatility of the yen. On July 11, Japan spent 3.168 trillion yen ($20.69...

U.S. Judge Dismisses Fraud Claims Against Rio Tinto and Ex-CEO Over Oyu Tolgoi Mine Delays

Overview of Lawsuit Dismissal A U.S. District Judge, Lewis Liman, dismissed some claims in a lawsuit accusing Rio Tinto and its former CEO, Jean-Sebastien Jacques, of defrauding investors. The case relates to delays and...

UK Labor Market Shows Signs of Cooling Amid Weak Wage Growth and Tax Increases

UK Labor Market Slows Amid Weakest Wage Growth Since 2021 The UKs labor market showed further signs of cooling in October, with the weakest wage growth since early 2021, according to a survey by the Recruitment and...

U.S. Stock Futures Stabilize as Markets Digest Fed’s Rate Cut and Trump’s Election Victory

U.S. Stock Futures Stabilize After Record Highs on Wall Street U.S. stock index futures stabilized on Thursday evening following another day of record highs on Wall Street, as markets digested the Federal Reserves...

Politics

Robert F. Kennedy Jr. Pushes Back Against 'Neocon' Rubio for Secretary of State: ‘We Need Fresh Foreign Policy!’ Insider Claims

Robert F. Kennedy Jr. is reportedly making waves in Washington as he advocates against the potential nomination of Senator Marco Rubio as Secretary of State in Donald Trumps upcoming administration. According to sources...

Donald Trump's Shocking Cabinet Picks: 'Kennedy, Carson, and DeVos Are Back!' — Insiders Say They’re Ready to Shake Up Washington

Fox News revealed potential picks for Donald Trumps new cabinet lineup, featuring familiar faces and surprising names. Among those floated as potential nominees are Ben Carson, Betsy DeVos, and Mike Pompeo, along with...

Donald Trump's Shock Pick: Susie Wiles Named Chief of Staff as Insiders Call Her 'The True Power Behind the Throne

In a move that has taken Washington by surprise, President-elect Donald Trump has appointed Susie Wiles as his White House Chief of Staff. The appointment places Wiles, a long-time political strategist and Trump ally, in...

Italy’s Minister Open to Revising 42% Crypto Tax Amid Lawmaker Concerns

Italys proposed tax hike on cryptocurrency gains to 42% may face adjustments as the countrys economy minister considers alternate options amid pushback from lawmakers. The Treasurys plan aims to increase revenue but has...

Science

CDC Urges Second COVID-19 Vaccine for Seniors: ‘Protect Your Health This Season!’ Experts Say It’s Critical

In a recent public health announcement, the Centers for Disease Control and Prevention (CDC) recommended that individuals aged 65 and older receive a second dose of the 2024-2025 COVID-19 vaccine. This additional dose, the...

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...

Technology

AI Giant Nvidia Reaches $3.65 Trillion Market Value as Wall Street Reacts to Trump Election Win

Nvidias stock soared to a staggering $3.65 trillion valuation, surpassing Apple as the worlds most valuable company, driven by Wall Streets enthusiasm after Trumps election win. The chipmakers latest milestone underscores...

PEPE Breakout Nears With 200% Potential as Whales Withdraw Billions, 72% of Holders Profit

PEPEs price is moving toward a potential breakout as whales withdraw hundreds of billions of tokens, boosting market sentiment. With 72% of holders in profit, analysts suggest PEPE could surge by 200% if it breaks key...

Detroit to Launch Crypto Tax Payments in 2025 – Here’s What to Know

Starting mid-2025, Detroit residents will be able to pay taxes in cryptocurrency, establishing Detroit as the first major city to embrace crypto for municipal services. Partnering with PayPal, the city seeks...

Shiba Inu's Shytoshi Kusama Pursues Vitalik Buterin: 'Wen 10 Minute Discussion' for SHIB's Future?

Shytoshi Kusama, the driving force behind Shiba Inu, is urging Ethereum cofounder Vitalik Buterin to meet for a ten-minute discussion on SHIBs ambitious plans, including a $2 billion innovation hub. Kusama seeks to align...
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