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FxWirePro- GBPJPY Daily Outlook

Mar 09, 2023 09:07 am UTC| Technicals

GBPJPY trading weak for the past three consecutive days on the weak pound sterling. It hits an intraday high of 161.95 and is currently trading around 161.99. GBPUSD- Trend- Bullish The pound sterling showed...

FxWirePro: USD/JPY showing signs of exhaustion at 200-DMA, NFP data eyed for impetus

Mar 09, 2023 07:12 am UTC| Technicals

Chart - Courtesy Trading View USD/JPY was trading 0.44% lower on the day at 136.67 at around 06:40 GMT, shows signs of exhaustion at 200-DMA resistance. Japans Gross Domestic Product data released by the Cabinet...

FxWirePro- Gold Daily Outlook

Mar 09, 2023 05:09 am UTC| Technicals

Ichimoku Analysis (4-hour chart) Tenken-Sen- $1820.64 Kijun-Sen- $1833.88 Gold prices trade flat after a massive sell-off of more than $40. The yellow metal lost its shine after hawkish comments from...

FxWirePro: AUD/USD holds marginal gains despite downbeat China inflation, hawkish Fed bets to keep upside limited

Mar 09, 2023 04:58 am UTC| Technicals

Chart - Courtesy Trading View AUD/USD was trading 0.17% higher on the day at 0.6598 at around 04:45 GMT. The pair is consolidating break below 50% Fib retracement, bias remains bearish. China inflation numbers...

FxWirePro: EUR/NZD runs out of steam but maintains bullish outlook

Mar 08, 2023 22:50 pm UTC| Technicals

EUR/NZD hovered around 1.7250 on Wednesday as investors gauged the prospects rate hike by European Central Bank. . The ECB is scheduled to hold its monetary policy meeting next week. Investors also assessed the euro...

FxWirePro:GBP/AUD sustains gains as uptrend remains strong

Mar 08, 2023 22:41 pm UTC| Technicals

GBP/ AUD strengthened on Wednesday as Australian dollar weakened after RBA Governor Lowes speech. Reserve Bank of Australia (RBA) Governor Philip Lowe said RBA was closer to pausing its aggressive cycle of rate...

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

Mar 08, 2023 17:57 pm UTC| Technicals

EUR/AUD initially dipped but recovered ground on Wednesday as diverging interest rate expectations between the Eurozone and Australia supported the pair. Reserve Bank of Australia signalled a likely pause in rate...

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Economy

COP29 Summit: Azerbaijan Hosts Critical Talks on Climate Finance and Trade Disputes

Azerbaijan Hosts COP29 Summit Amid Climate Urgency The U.N. climate summit, COP29, opens in Baku, Azerbaijan, with countries aiming to reach a crucial deal for $1 trillion in annual climate finance for developing...

Public-Sector Pay Rises Outpace Private Sector for the First Time Since 2020

Public-Sector Pay Rises Outpace Private Sector In a shift from previous trends, British public-sector employers are now planning to increase pay faster than private-sector employers. According to the Chartered Institute...

China's CPI and PPI Fall in October Despite Major Stimulus Efforts

Chinas Inflation Remains Weak in October Amidst New Stimulus Measures October CPI and PPI Overview In October, Chinas Consumer Price Index (CPI) inflation rose 0.3% year-on-year, marking a slowdown from Septembers 0.4%...

China’s Sluggish Inflation and Deepening Deflation Spur New Stimulus Measures

Chinas October Inflation Slowdown and New Stimulus: What to Expect Overview In October, Chinas consumer prices rose at the slowest pace in four months, while producer price deflation worsened, underscoring ongoing...

US Dollar Holds Steady as Markets Await Inflation Data and Fed Comments

US Dollar Stable as Market Awaits US Inflation and Fed Insights The US dollar opened cautiously on Monday, reflecting market anticipation for upcoming US inflation data and insights from Federal Reserve speakers....

Politics

Trump’s Border Czar Declares: ‘If You’re Here Illegally, Don’t Get Comfortable!’—Homan’s Bold Warning Ignites Controversy

Tom Homan, recently appointed by President-elect Donald Trump as the nations Border Czar, has made headlines with his blunt and uncompromising stance on immigration. In a statement that underscores the incoming...

Stalling Tactics? Judge Merchan Delays Ruling on Trump’s Business Records Case, Sparking Outrage Among Legal Experts!

In a move that has left legal experts and political observers divided, Judge Juan Merchan has opted to delay his ruling on former President Donald Trumps business records case, intensifying the ongoing debate surrounding...

‘Back in Action!’: Trump Plans to Reinstate Controversial Executive Orders on His First Day in Office

President-elect Donald Trump is expected to make a swift and decisive return to familiar policies when he steps back into the Oval Office. Reports indicate that on his very first day, Trump plans to reinstate a series of...

‘I’m Here to Stay!’: Dave McCormick Arrives at Senate Orientation After Schumer’s Alleged Ban Sparks Controversy

In a bold move following reports of an alleged ban by Senate Majority Leader Chuck Schumer, Pennsylvania Republican Dave McCormick has arrived in Washington for Senate orientation, sending a clear message of resilience....

‘A Surprising Endorsement!’: Democrat Sen. John Fetterman Throws Support Behind Marco Rubio for Secretary of State Role

Pennsylvania Senator John Fetterman has voiced his support for Florida Senator Marco Rubio as a potential pick for Secretary of State in the upcoming Trump administration. Fettermans endorsement has taken both sides of the...

Science

Blue Origin Prepares to Test New Glenn Rocket, Set to Rival SpaceX's Falcon Rockets

Blue Origin is making significant strides toward testing its New Glenn rocket, designed to compete with SpaceXs Falcon lineup. With seven BE-4 engines producing 3.8 million pounds of thrust, the New Glenn is set to test...

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...

Technology

Tesla Tests Cybercab Robotaxi at Gigafactory Texas Amid Push for Unsupervised Self-Driving

Teslas Cybercab robotaxi has been spotted on private roads at Gigafactory Texas, marking a significant step in the companys autonomous vehicle testing. This test comes as Tesla pushes toward its goal of launching an...

BofA: AMD Continues to Outpace Intel with Market Share Gains in 2024

Bank of Americas latest analysis reveals AMD has significantly outpaced Intel, gaining 15% in market share in Q3 2024. While Intel struggles with declining PC shipments, AMD thrives with a stronger presence in the Western...

Bitcoin Soars Near $90K as Trump's Election Sparks Crypto Rally and Investor Optimism

Bitcoin surged to nearly $90,000 following Donald Trumps election, with investors anticipating a crypto-friendly administration. The rally, fueled by hopes for a national bitcoin stockpile and Trumps pro-crypto stance,...

Tesla’s Bitcoin Holdings Surpass $1 Billion Again as Bull Market Reignites Investor FOMO

Teslas strategic bet on Bitcoin has hit a major milestone, with its holdings once again exceeding $1 billion, Arkham Intelligence reports. This valuation spike aligns with a resurgent crypto bull market, placing Tesla...

Record Ethereum ETF Inflows Surge $500M in Days as ETH Price Soars Toward Key $4K Target

Ethereum spot ETFs have hit a new record with $295 million in inflows on November 11, pushing the four-day total beyond $500 million. Fidelity and BlackRock ETFs led the way, capitalizing on a post-election price surge...