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FxWirePro: Daily Commodity Tracker - 13th March, 2023

Mar 13, 2023 16:00 pm UTC| Technicals

Daily Commodity...

FxWirePro: EUR/JPY plunges below 200-DMA as bearish sentiment prevails, tests monthly low at 141.36

Mar 13, 2023 13:24 pm UTC| Technicals

Chart - Courtesy Trading View EUR/JPY dived over 1.30% to test monthly lows below 142 handle as the pair continues to be beaten amid bearish market sentiment. The collapse of Silicon Valley Bank (SVB) and its...

FxWirePro- Major pair levels and bias summary

Mar 13, 2023 12:39 pm UTC| Technicals

Major pair levels and bias...

FxWirePro: BTCUSD Predictions

Mar 13, 2023 11:59 am UTC| Technicals Digital Currency

BTCUSD price surged more than $2000 after weak US jobs data. The US economy has added 311000 jobs in Feb from the previous months 517000, above the estimate of 225000. The unemployment rate increased to 3.6% from 3.4%. The...

FxWirePro: AUD/NZD Daily Outlook

Mar 13, 2023 10:35 am UTC| Technicals

Chart - Courtesy Trading View Technical Analysis: - AUD/NZD was trading 0.08% higher on the day at 1.0728 at around 10:25 GMT - Price action has retraced dip below daily cloud - Momentum is still bearish,...

FxWirePro: NZD/USD hovers around 200-DMA, focus on New Zealand GDP, US inflation for impetus

Mar 13, 2023 10:28 am UTC| Technicals

Chart - Courtesy Trading View Spot Analysis: NZD/USD was trading 0.67% higher on the day at 0.6172 at around 10:10 GMT. Previous Weeks High/ Low: 0.6225/ 0.6084 Previous Sessions High/ Low: 0.6176/...

FxWirePro- Currency Strength Index (4- Hour chart)- Currency pairs to watch (EURUSD and USDCHF) for the day)

Mar 13, 2023 10:13 am UTC| Technicals

Pair Value Recommendation EURUSD 318.84 Strong Buy USDCHF -392.54 Strong Sell EURUSD Major resistance-1.0750 Near-term support- 1.0660 Trend reversal...

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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...

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

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...
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