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FxWirePro- Gold Daily Outlook

May 10, 2023 05:12 am UTC| Technicals

Ichimoku Analysis (4-Hour chart) Tenken-Sen- $2028.90 Kijun-Sen- $2040.52 Gold prices pared some of their gains ahead of US CPI data. Markets eye US debt ceiling talks for further direction. The talks...

FxWirePro: EUR/AUD pauses downtrend ahead of US CPI data,eyes bear trend resumption

May 09, 2023 23:13 pm UTC| Technicals

EUR/AUD dipped on Tuesday but losses were limited as investors grew cautious ahead of U.S. CPI ata and the Thursdays BoE meeting.. The pair is approaching 1.6192 (38.2% fib). A close below will opens up 1.6100...

FxWirePro:EUR/NZD neutral in the near-term, scope for downward resumption

May 09, 2023 22:50 pm UTC| Technicals

EUR/NZD eased on Tuesday but shorts struggled to maintain momentum as investors grew cautious ahead of key data on U.S. consumer prices. Selling pressure will remain in the short-term, only a move above 1.7528( 38.2%...

FxWirePro:EUR/NZD neutral in the near-term, scope for downward resumption

May 09, 2023 22:48 pm UTC| Technicals

EUR/NZD declined on Tuesday as traders remained short as investors grappled with a surge in coronavirus cases and uncertainty over the impending U.S. election. Selling pressure will remain in the short-term, only a...

FxWirePro: GBP/NZD gains some upside momentum but still bearish

May 09, 2023 19:02 pm UTC| Technicals

GBP /NZD strengthened on Tuesday as the pair recovered from early dip ahead of U.S. inflation data The pound erased some of Mondays losses against the kiwi dollar , the pair was last up at 0.19% at 1.9923 . From a...

FxWirePro: GBP/AUD hovers around 1.8670 as market await US inflation data for direction

May 09, 2023 17:07 pm UTC| Technicals

GBP/AUD recovered some ground on Tuesday as U.S. inflation print for cues on the trajectory of interest rate. The pair pulled back after failing to break support at 1.8585(38.2% fib), it was last trading at 1.7426 ...

FxWirePro- Major pair levels and bias summary

May 09, 2023 11:44 am UTC| Technicals

Major pair levels and bias...

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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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