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Sun, Apr 05, 2026 11:58 PM All times are UTC

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FxWirePro: NZD/USD holds strong trendline support, good to go long on dips

Jul 12, 2016 04:10 am UTC| Technicals

Persistent risk-on trades and recovery in oil prices fuel appetite for risk/higher-yielding assets such as the Kiwi. NZD/USD reversed a temporary slide seen yesterday and resumed the ongoing bullish streak. On...

FxWirePro: AUD/CAD extends grind higher, breaks 78.6% Fib, scope for test of parity

Jul 12, 2016 03:58 am UTC| Technicals

AUD/CAD has broken above 78.6% Fib of .0054 to 0.9324 fall, as it extends upside along the Cup formation. Aussie buoyed by upbeat NAB Business confidence and Business conditions data, while Yen fell sharply on...

FxWirePro: AUD/USD breaks above 61.8% Fib, good to go long on dips

Jul 12, 2016 03:34 am UTC| Technicals

Aussie buoyed by upbeat NAB Business confidence and Business conditions data. Data released earlier today showed that Australia NAB Business Conditions increased to 12 in June from previous 10, while Business...

FxWirePro: USD/SGD back below 1.35 mark, good to sell on rallies

Jul 12, 2016 03:24 am UTC| Technicals

USD/SGD is currently trading around 1.3492 marks. It made intraday high at 1.3528 and low at 1.3484 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3538 marks. A daily...

FxWirePro: Nikkei225 trades well above 200 4HMA, targets 16540/16800

Jul 12, 2016 03:05 am UTC| Technicals

Major intraday support -15650 (4 Hour Kijun-Sen) Major Intraday resistance- 16066 (200 4H MA) Nikkei225 has broken major resistance 16066 and jumped till 16244 at the time of writing. It is currently trading...

FxWirePro: USD/JPY slips below 103 handle, finds stiff resistance at 103.70

Jul 12, 2016 02:47 am UTC| Technicals

Yen fell sharply on Monday after Japanese PM Abe signaled fresh stimulus is coming soon, USD/JPY hit session high of 103.29 levels. Our previous call...

FxWirePro: South Korean won opens onshore trade at 1,151.5 per dollar, bias remains bullish above 1152

Jul 12, 2016 01:59 am UTC| Technicals

USD/KRW is currently trading around 1151 levels. It made intraday high at 1152 and low at 1148 levels. Intraday bias remains bullish till the time pair holds key support at 1142 mark. A sustained break below...

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Economy

Morgan Stanley: Fed Rate Cuts Still on Track Despite Oil-Driven Inflation

Morgan Stanley believes the Federal Reserve will push forward with interest rate cuts in 2026, even as rising oil prices temporarily inflate headline inflation figures. According to the banks analysts, the current...

China's Energy Resilience Shields Economy From Global Oil Shock, Goldman Sachs Says

Goldman Sachs analysts believe China is among the best-positioned major economies to weather the current oil price shock stemming from escalating Middle East tensions, citing the countrys diversified energy strategy,...

UAE's Largest Natural Gas Facility Suspended After Attack-Triggered Fire

Abu Dhabi authorities have temporarily halted operations at Habshan, the United Arab Emirates largest natural gas processing facility, following a devastating attack that triggered a major fire at the site. The incident...

Trump's FY2027 Budget: Major Defense Boost and Domestic Spending Cuts

President Donald Trump has unveiled a bold federal budget proposal for fiscal year 2027, signaling a dramatic realignment of national spending priorities. The plan centers on a significant expansion of military funding...

U.S. Warplane Shot Down by Iran Amid Escalating Middle East Conflict

A U.S. military aircraft was shot down by Iranian forces on Friday, marking a significant escalation in the ongoing five-week conflict between the United States, Israel, and Iran. Both nations confirmed the incident, with...

Politics

Trump Eyes Cabinet Shake-Up Amid Iran War Political Fallout

President Donald Trump is weighing a significant cabinet reshuffle as political pressure mounts over the ongoing U.S.-Iran conflict, according to Reuters, citing sources close to internal White House deliberations. The...

Iran Tightens Grip on Strait of Hormuz as Israel Prepares Strikes and Oil Markets Spiral

Tensions between Israel and Iran have reached a critical flashpoint, with Israeli defense officials confirming preparations for potential strikes on Iranian energy infrastructure, pending U.S. authorization. The...

U.S. and Israel Escalate Pressure on Iran Over Strait of Hormuz as War Enters Sixth Week

Six weeks into the U.S.-Israeli military conflict with Iran, tensions are reaching a critical point as President Donald Trump issued a 48-hour ultimatum demanding that Tehran open the Strait of Hormuz or face devastating...

Israel Poised to Strike Iranian Energy Sites, Awaiting U.S. Approval

Israel is reportedly preparing to launch military strikes against Iranian energy infrastructure, but is holding off pending authorization from the United States, according to a senior Israeli defense official who spoke out...

U.S. Envoys Witkoff and Kushner Expected to Visit Kyiv in April Amid Stalled Peace Talks

Senior Ukrainian presidential aide Kyrylo Budanov confirmed on Saturday that U.S. special envoys Steve Witkoff and Jared Kushner are expected to travel to Kyiv in April, marking what would be their first official visit to...

Science

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

Technology

Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions

Elon Musk is reportedly making Grok subscriptions a prerequisite for banks and advisers involved in SpaceXs highly anticipated initial public offering. According to the New York Times, citing insiders familiar with the...

MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown

A bipartisan group of U.S. lawmakers has unveiled the MATCH Act, a landmark piece of draft legislation designed to tighten export restrictions on advanced semiconductor manufacturing equipment destined for China. The...

Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push

Microsoft is set to pour approximately $10 billion into Japan between now and 2029, channeling funds into data center expansion and artificial intelligence infrastructure to meet the countrys growing demand for data...

Australia's Social Media Ban for Under-16s Sparks Global Movement

Australias landmark social media ban for users under 16, which took effect in December, is reshaping digital policy conversations worldwide. Countries including Spain and Malaysia have signaled interest in adopting similar...

SpaceX Eyes Historic IPO at $1.75 Trillion Valuation

Elon Musks aerospace giant SpaceX has quietly filed a confidential IPO registration with the U.S. Securities and Exchange Commission, according to Bloomberg News sources familiar with the matter. The move signals that the...

Digital Currency