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Fri, Nov 08, 2024 08:57 PM All times are UTC

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FxWirePro: AUD/USD depressed below 21-EMA, liquidity concerns persist despite central banks' efforts

Mar 20, 2023 07:44 am UTC| Technicals

Chart - Courtesy Trading View Spot Analysis: AUD/USD was trading 0.24% lower on the day at 0.6682 at around 07:20 GMT Previous Weeks High/ Low: 0.6724/ 0.6589 Previous Sessions High/ Low: 0.6724/...

FxWirePro: GBP/CHF Daily Outlook

Mar 20, 2023 06:15 am UTC| Technicals

Chart - Courtesy Trading View Technical Analysis: - GBP/CHF was trading 0.08% higher on the day at 1.1282 at around 06:10 GMT - The pair is grinding higher, extending gains above 55-EMA and into the daily...

FxWirePro: USD/JPY slips lower from session highs, cautious optimism seen across markets

Mar 20, 2023 05:26 am UTC| Technicals

Chart - Courtesy Trading View USD/JPY was trading 0.02% lower on the day at 131.84 at around 05:10 GMT, safe haven dollar on the back foot amid a rebound in Treasury yields. Over the weekend, the Federal Reserve,...

FxWirePro- Gold Weekly Outlook

Mar 20, 2023 04:33 am UTC| Technicals

Ichimoku Analysis (Weekly chart) Tenken-Sen- $1897 Kijun-Sen- $1802.16 Gold prices halted its three weeks of a bullish trend on a slight improvement in market sentiment. According to Swiss authorities, UBS has...

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

Mar 17, 2023 23:32 pm UTC| Technicals

EUR/NZD declined on Friday as investors piled back into risky assets like kiwi dollar on fears of a meltdown in the global financial sector. EUR/NZD drops swiftly below 30DMA. Break lower 1.6984(50% fib)risks run...

FxWirePro: EUR/AUD set for bigger drop, but close below key fibo needed

Mar 17, 2023 23:23 pm UTC| Technicals

EUR/AUD declined on Friday as investors fled to riskier assets like Australian dollar on fears of a meltdown in the global financial sector. Investor sentiment remained fragile on Friday as investors lost confidence in...

FxWirePro:GBP/NZD reverses recent rally, bias back to downside

Mar 17, 2023 18:19 pm UTC| Technicals

GBP/NZD dipped on Friday as kiwi dollar rose as global banking crisis fears eased. Sentiment remained fragile and investors remained cautious on what will be the next source of turmoil. At GMT 18:11, the pair was...

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Economy

FxWirePro- Major Economic Events for teh day

Date Time (GMT) Currency Event Forecast Previous Nov 8th2024 1:30 pm CAD Employment...

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...

Politics

Trump Ally Endorses Rick Scott to ‘Make the Senate Great Again: ‘Senator Scott Will Lead the Charge!’

With Republicans positioning themselves to reassert influence in Congress, Sen. Rick Scott (R-Fla.) received a ringing endorsement for Senate Majority Leader from a prominent Trump-era official. The endorsement, shared on...

Arizona’s Prop. 314 Passes: ‘Undocumented Migrants to Face Jail Time and Immediate Deportation,’ Authorities Vow Tough Action!

Arizona voters have passed Proposition 314, a controversial measure granting state and local authorities unprecedented power to arrest and deport undocumented migrants who cross into the state illegally. The new law, which...

Lara Trump Vows GOP is ‘Keeping a Close Eye’ on Every Vote Count in Critical Races Across America: ‘We Won’t Let This Slide!’

As pivotal races across the United States remain in limbo, Lara Trump has assured Republicans that the GOPs legal teams are rigorously monitoring vote-counting processes in key battleground states and districts. In a...

Donald Trump's Bold Move: 'I'll End Congressional Careers with Term Limits'

In a decisive policy shift, former President Donald Trump has announced plans to advocate for term limits on members of Congress, aiming to curtail prolonged tenures and promote legislative turnover. During a recent...

Donald Trump's Shocking Triumph: '64% of Native Americans Backed Me'

In a surprising turn of events, former President Donald Trump secured 64% of the Native American vote in the recent election, defying traditional voting patterns and reshaping the political landscape. Historically,...

Science

SpaceX’s $2.9 Billion Moon Ship Reveals Spacious Design for Future Lunar Missions

SpaceXs latest prototype of its Starship Human Landing System (HLS) offers an inside look at the spacious, two-story design that could soon carry astronauts to the Moon. A central feature in NASAs Artemis program, this...

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

Lucid Gravity Order Page Live: Luxury Electric SUV Starts at $94,900, Packs 828 HP

Lucid Motors has launched the order page for its new Gravity SUV, priced at $94,900 for the Grand Touring trim. Boasting 828 horsepower, a range of over 440 miles, and seating for up to seven, the Gravity SUV aims to rival...

Tesla Price Target Raised 32% by Bank of America After Trump’s Election Win

Following Donald Trumps election as the 47th U.S. president, Bank of America raised its Tesla price target by 32%, setting it at $350 per share. Analysts suggest Trumps policies may favor Tesla, especially in advancing...

Rivian Targets Q4 Profit with Cost Cuts, Green Credits Amid Lower EV Demand

Amid challenging market conditions and component shortages, Rivian aims to post its first gross profit in Q4, driven by cost-saving strategies and rising green credit sales. The company, which saw a revenue drop in Q3, is...

Pinterest Revenue and Profit Surge as AI Investments Boost Advertisers and User Growth

Pinterest reported an 18% revenue increase in the third quarter, reaching $898.4 million, as AI-driven personalization attracts more advertisers and fuels user growth. The platform now boasts a record 537 million active...

Tether Ventures into Middle Eastern Oil Market with $45M Crude Shipment, Signaling Fintech Power Shift

Tether, issuer of the USDT stablecoin, has financed its first major crude oil transaction in the Middle East, moving 670,000 barrels valued at $45 million. This marks a significant entry into commodities for Tether...