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FxWirePro: GBP/USD drops towards 1.5300 on dovish MPC minutes, sell rallies

Oct 08, 2015 11:38 am UTC| Technicals Central Banks

GBP/USD rejected at 1.5372, slips towards 1.5300 on dovish UK CPI forecast via MPC minutes. BoE on hold in 8-1 vote as expected, giving no indication it is any closer to raising rates The c.bank said annualized...

FxWirePro: USD/JPY trades in narrow range, good to sell on rallies

Oct 08, 2015 11:29 am UTC| Technicals

RES 4: 121.75 (28th aug high) RES 3:121.30 ( SEP 10TH HIGH) RES 2: 120.56 (Oct 6th 2015) RES 1: 120.15 (200 day 4 H EMA) PRICE: 119.85 @11:28 GMT SUP 1: 119.50 (38.2% retracement of 116.07...

EUR/NZD Trade Idea

Oct 08, 2015 11:00 am UTC| Technicals

EUR/NZD has made a low of 1.6876 (trend line joining 1.6389 and 1.6410) and recovered from that level. Any further weakness can be seen only below trend line 1.6875 and break below targets 1.6800/1.6745. The...

FxWirePro: Delta risk reversal signals most likely EUR/GBP short term upswings

Oct 08, 2015 10:26 am UTC| Technicals

Well.., bulls gaining buying interest back again as 1W - 3M ATM contracts showing neutral flashes which is a positive note for EURGBPs strength, you can spot out this from the nutshell, but this is yet to be confirmed in...

EUR/CAD faces strong trend line resistance around 1.4760, break above targets 1.5815

Oct 08, 2015 09:53 am UTC| Technicals

EUR/CAD has made a low of 1.4540 yesterday and recovered from that level. It is currently trading at 1.4735 The pair is facing strong trend line resistance around 1.4760 and any break above confirms short term...

Gold drops on profit taking, short on rallies

Oct 08, 2015 09:29 am UTC| Technicals

Bullion was sold off on Thursday as traders from China decided to take profits after they returned to work from a long holiday. The price of gold declined 0.48% to trade at $1,143.20 per troy ounce during the trading...

FxWirePro: EUR/JPY holds above 135.00, markets await ECB minutes

Oct 08, 2015 09:24 am UTC| Technicals

Rise in EUR/USD pushing EUR/JPY cross higher, move unconvincing, lacks clear fundamental trigger. The ECB accounts due later today to influence direction from the current levels Tenkan kijun lines are...

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Economy

Asia's Manufacturing Activity Stagnates Amid Mixed Signals

Overview of Asias Manufacturing Activity in October Asias manufacturing activity experienced stagnation in October, as a rebound in China failed to significantly uplift regional factories, according to private...

U.S. Job Growth Expected to Slow Amid Hurricanes and Strikes

Overview of U.S. Job Growth in October U.S. job growth is anticipated to slow significantly in October due to the impact of recent hurricanes and strikes among aerospace factory workers. The Labor Departments...

New Home Prices in China Rise Amid Market Recovery Efforts

New Home Prices in China Rise Amid Market Recovery Efforts In October, new home prices in China experienced a notable increase, reflecting a potential shift in the property markets trajectory. According to a...

South Korea's Export Growth Falls to Seven-Month Low Amid Global Demand Concerns

South Koreas Export Growth Drops as Global Demand Slows South Koreas export growth slowed sharply in October, rising just 4.6% year-over-year to $57.52 billion, marking the smallest increase in seven months. This...

Macquarie Group Reports Lower-Than-Expected First-Half Profits Amid Commodities Slowdown

Macquarie Group Misses First-Half Profit Estimates as Commodities Trading Declines Macquarie Group, Australias largest investment bank, reported a first-half profit increase of 14% to A$1.61 billion (USD 1.06...

Politics

‘Garbage or Nazis?’ Gov. Tim Walz Defends Biden’s Remarks on Trump Supporters—‘He Was Very Clear!’ Critics Demand Apology

Minnesota Governor Tim Walz is facing backlash after defending President Joe Bidens recent comment that referred to Trump supporters as garbage. In his statement, Walz, who recently compared Trump supporters to Nazis,...

‘America’s Going to Love It!’ Elon Musk Teases ‘Fun’ Second Trump Presidency—‘It’s Gonna Be Awesome!’ Sparks Mixed Reactions

In a tweet that has stirred up strong opinions across social media, billionaire Elon Musk shared his take on a potential second presidency for former President Donald Trump, calling it the most fun America has had in a...

‘A System Flaw Exposed!’ Non-Citizen Voting Incident at University of Michigan Sparks Outrage—‘Ballot Will Still Count!’

A 19-year-old student from China, enrolled at the University of Michigan, faces charges of illegal voting and perjury for allegedly casting a ballot in the 2024 U.S. election. The case has ignited a firestorm of...

U.S. Election Officials Brace for Disruptions Amid Misinformation and Threats

Heightened Security Measures in Key Battleground States Ahead of Election Day With the U.S. election just days away, officials across crucial battleground states like Philadelphia, Detroit, and Atlanta are...

Science

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...

Urgent Alert: New COVID Variant Causes Alarming Symptoms—You Must Know This!

The UK is experiencing a rise in COVID-19 cases, with the UK Health Security Agency (UKHSA) confirming that the XEC strain of the virus is spreading. This variant, a combination of the KS.1.1 and KP.3.3 strains, is...

Technology

OpenAI's ChatGPT Search Takes on Google—Here's How to Use It

In a bold move against Google, OpenAI has unveiled ChatGPT Search, enhancing its AI with powerful search capabilities. Powered by GPT-4o, this new feature is rolling out to ChatGPT Plus users. Heres how you can get started...

Nvidia’s $700 Million Run:ai Acquisition Triggers EU Red Flags Over Competition Concerns

Nvidias $700 million acquisition of Israeli AI firm Run:ai faces an EU regulatory review amid competition concerns in tech markets. EU regulators may require Nvidia to make concessions to secure final approval for the...

Elon Musk Fires Back at Zoox Co-Founder's Doubts Over Tesla FSD’s Robotaxi Readiness

Zoox co-founder Jesse Levinsons critique of Teslas Full Self-Driving tech sparked a pointed response from Elon Musk. Levinson questioned Teslas approach to autonomous driving safety, suggesting it isnt equipped for...

XRP Whale Drops 31M Tokens As SEC Battle Reaches Pivotal Moment

An XRP whale transferred 31 million tokens to Bitso, intensifying market chatter as Ripples legal showdown with the SEC hits a pivotal stage. With XRP hovering around $0.50 support, investors brace for possible sell-off...
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