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FxWirePro: Bid tone in AUD/USD intact ahead of RBA, takes out 0.77 handle

May 03, 2016 03:46 am UTC| Technicals

AUD/USD breaks major resistance at 0.7685 and extends gains to take out the 0.77 handle. Upside in the pair seems to gain momentum as we head into RBA rate decision due at 0430 GMT today. Aussie bulls continue to...

FxWirePro: USD/JPY hits fresh 18-month lows, on track to test 105.50

May 03, 2016 03:11 am UTC| Technicals

USD/JPY continues downtrend after brief pause on Monday, hits fresh 18-month lows at 106.04. Broad US dollar weakness across the board in light of a recovery in commodities also weighing on the pair. Sluggish...

FxWirePro: ASX200 recovers after making a low of 5205, good to buy at dips

May 03, 2016 03:04 am UTC| Technicals

Major resistance - 5300 Major Support - 5140 (200 day MA) ASX200 pares early losses and jumped till 5303 after making a low of 5205 at the time of writing.It is currently trading at 5287. Short term trend is...

FxWirePro: Nikkei225 consolidates in narrow range, good to sell on rallies

May 03, 2016 02:15 am UTC| Technicals

Major intraday resistance - 16200 Major support - 15800 Nikkei index slightly recovered after making a low of 15837.It is currently trading around 16016. Short term trend is bearish as long as resistance...

FxWirePro: Aussie gains against major peers on the back of higher than expected building approval data

May 03, 2016 02:12 am UTC| Technicals

AUD/NZD is trading around 1.0908 marks. Pair made intraday high at 1.0922 and low at 1.0886 marks. Today Australia released building approval data with positive numbers at 3.7% m/m vs 2.9% previous...

FxWirePro: EUR/USD intraday upside momentum strong after weak US factory data

May 02, 2016 18:44 pm UTC| Technicals

The EUR/USD pair inched up towards 1.1535 on Monday, as the pair once again found buying interest around 1.1315 levels on stronger German manufacturing data. Markit Purchasing Managers index for manufacturing, which...

FxWirePro: AUD/USD bounces off lows, but more downside expected

May 02, 2016 16:54 pm UTC| Technicals

AUD/USD rebounded strongly on Monday as weak US factory data weighted on green back and strengthened Australian dollar. Currently the pair is making an attempt to test resistance level at 0.7662. Further upside...

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Economy

Italy's Service Sector Contracts for First Time in 16 Months Amid Rising Costs and Weakening Demand

Italys services industry slipped into contraction territory in March 2026 for the first time in over a year, as escalating costs tied to Middle East tensions and softening demand weighed heavily on business activity. The...

Sterling Slides as Dollar Holds Firm Amid U.S.-Iran Tensions

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European Stocks Hold Steady as Iran Ceasefire Deadline Looms

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Asian Markets Hold Steady Ahead of Trump's Iran Deadline as Oil Tops $110

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Politics

Russia Secretly Aids Iran With Satellite Intelligence and Cyber Support Across the Middle East

A Ukrainian intelligence assessment has revealed that Russian satellites conducted at least 24 detailed reconnaissance missions over 11 Middle Eastern countries between March 21 and 31, surveying 46 strategic locations to...

Trump May Delay Iran Military Strike If Diplomatic Deal Shows Promise

President Donald Trump is reportedly open to postponing planned military action against Iran should credible signs of a diplomatic breakthrough emerge, according to multiple media outlets citing an Axios report. U.S....

Iran-Israel War Escalates as Trump's Ceasefire Deadline Looms

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Vance Visits Hungary to Back Orban Ahead of Pivotal 2025 Elections

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China's Push to Steal Taiwan's Chip Technology and Talent Raises Security Alarms

Taiwans National Security Bureau has raised serious concerns about Beijings escalating efforts to infiltrate the islands world-class semiconductor industry. According to a report submitted to Taiwanese lawmakers, China is...

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

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 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

Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand

Samsung Electronics delivered a stunning financial turnaround in the first quarter of 2025, projecting operating profit of approximately 57.2 trillion won (roughly $38 billion) a more than eightfold increase compared to...

Apple's Foldable iPhone Faces Engineering Setbacks, Mass Production Timeline at Risk

Apples highly anticipated foldable iPhone is running into significant engineering hurdles during its test phase, raising concerns about potential delays in both mass production and product shipments, according to a report...

Britain Courts Anthropic Amid US Defense Department Dispute

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OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO

OpenAI is navigating a significant leadership restructuring at one of the most pivotal moments in its history. The AI powerhouse confirmed that Chief Operating Officer Brad Lightcap is transitioning into a newly created...

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...
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