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Sat, Nov 09, 2024 01:44 AM All times are UTC

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FxWirePro: GBP/NZD bulls shrug off fresh banking turmoil, consolidates around 1.9560

Mar 15, 2023 22:43 pm UTC| Technicals

GBP/NZDsteadied on Wednesday as markets firmed as contagion fears waned. GBP/NZD gains near 23.6%fib,consolidation likely to continue while market seeks fresh factors.. GBP/NZD has seen a 1.9610-1.9475 range on...

FxWirePro: EUR/NZD rebounds, critical resistance lies ahead

Mar 15, 2023 22:19 pm UTC| Technicals

EUR/NZD initially dipped on Wednesday on renewed bank contagion fears but rebounded as investors awaited ECB interest rate decision. European Central Bank policymakers are leaning towards a half-percentage-point rate...

FxWirePro: EUR/AUD consolidating around 1.5980 ,bias is bullish

Mar 15, 2023 21:58 pm UTC| Technicals

EUR/AUD declined on Wednesday as euro attracted sellers amid the growing European financial turmoil. Credit Suisse shares fell 24% and there were growing calls for the Swiss National Bank to step in and at least...

FxWirePro :GBP/NZD drifts lower,could be on verge of a bigger drop

Mar 15, 2023 17:34 pm UTC| Technicals

GBP/NZD declined on Wednesday as Credit Suisse crisis hits risk appetite. Credit Suisse shares hit a record low on Wednesday in a rout of European bank stocks, as investor concerns about sector stresses triggered by...

FxWirePro: Daily Commodity Tracker - 15th March, 2023

Mar 15, 2023 14:37 pm UTC| Technicals

Daily Commodity...

FxWirePro: EUR/GBP resumes weakness after a brief pause, on track to test 200-DMA support

Mar 15, 2023 14:27 pm UTC| Technicals

Chart - Courtesy Trading View EUR/GBP was trading 0.86% lower on the day at 0.8748 at around 14:15 GMT, slightly above session lows at 0.8718. The pair has resumed weakness after a brief pause on Tuesdays trade and...

FxWirePro: EUR/JPY nose-dives over 2.50%, euro battered as Credit Suisse woes renewed worries about European banking sector

Mar 15, 2023 14:12 pm UTC| Technicals

Chart - Courtesy Trading View EUR/JPY was trading 2.61% lower on the day at 140.29 at around 13:40 GMT, recovering slightly from session lows at 139.48. The single currency was dumped on Wednesday after Credit...

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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

Donald Trump Unveils 10-Point Plan to ‘Restore Power' to the People: ‘I’ll Shatter the Deep State Once and For All!’

President Trump has outlined an extensive, controversial plan aimed at dismantling what he refers to as the Deep State, a move that he claims will shift power back to the American people and root out entrenched corruption...

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...

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...