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FxWirePro: USD/CNY set for bigger drop, but close below key fibo needed

May 12, 2025 06:28 am UTC| Technicals

USD/CNY dipped on Monday as the Chinese yuan firmed as investors cheered progress in trade dialogue between U.S.-China. U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer highlighted...

FxWirePro: NZD/USD edges higher as positive Sino-U.S.trade talks lifts market sentiment

May 12, 2025 06:03 am UTC| Technicals

The NZD/USD ticked higher on Monday as positive weekend talks between the U.S. and China lifted market sentiment U.S. and Chinese negotiators reached an agreement to reduce the U.S. trade deficit, officials said Sunday...

FxWirePro: AUD/USD edges higher amid U.S.-China trade deal optimism

May 12, 2025 04:45 am UTC| Technicals

AUD/USD edged higher on Monday as optimism over easing U.S.-China trade tensions lifted market sentiment. On Sunday, U.S.-China trade talks wrapped up with both sides expressing optimism.Washington pointed to a deal to...

FxWirePro: GBP/NZD lacks direction ahead of US –China talks

May 09, 2025 22:29 pm UTC| Technicals

GBP/NZD edged higher but gains were limited as investors adopted a cautious stance ahead of pivotal trade discussions between the United States and China scheduled for the weekend in Switzerland. The anticipated talks...

FxWirePro: GBP/AUD tight ranges prevail as market waits for fresh catalyst

May 09, 2025 22:12 pm UTC| Technicals

GBP/AUD traded in tight range on Friday as market participants adopted a cautious stance ahead of high-stakes trade talks between the United States and China scheduled for the weekend. Investor sentiment remained...

FxWirePro : EUR/AUD dips slightly, all eyes on U.S.-China talks

May 09, 2025 21:36 pm UTC| Technicals

EUR/AUD dipped modestly on Friday as volumes muted ahead of weekend talks between China and the U.S. .S. Treasury Secretary Scott Bessent will meet Chinas top economic official on May 10 in Switzerland to negotiate a...

FxWirePro: USD/MXN attracts selling interest, vulnerable to more downside

May 09, 2025 18:04 pm UTC| Technicals

USD/MXN edged lower on Friday as the Mexican peso gained strength, driven by market optimism surrounding a potential U.S.-China trade deal. Heading into the weekend, there is a sense of optimism surrounding the upcoming...

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Economy

U.S. Stock Futures Stabilize Ahead of Good Friday as Investors Eye Jobs Report

U.S. stock index futures held steady Thursday evening as markets entered a cautious holding pattern before the Good Friday holiday closure, with traders weighing Middle East tensions and positioning ahead of a critical...

Gold Prices Drop as Trump Escalates Iran Threats, Oil Surges

Gold prices retreated Thursday, breaking a multi-day winning streak after President Donald Trump signaled an intensified military campaign against Iran over the coming weeks. The remarks rattled investors who had grown...

U.S. Dollar Climbs as Trump Escalates Rhetoric Against Iran

The U.S. dollar strengthened Thursday, drawing support from its safe-haven status after President Donald Trump signaled a significant escalation in military operations against Iran. The U.S. Dollar Index climbed 0.4% to...

Japan's Services Sector Growth Slows in March Amid Rising Middle East Tensions

Japans services sector expanded for the 12th consecutive month in March, though growth momentum weakened as escalating Middle East conflict weighed heavily on business sentiment. The SP Global Japan Services PMI dipped to...

Trump Expands Tariffs on Pharmaceuticals and Metals One Year After Liberation Day

One year after his sweeping Liberation Day tariff announcements, President Donald Trump has introduced a new wave of trade measures targeting pharmaceutical imports and restructuring duties on steel, aluminum, and copper....

Politics

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...

Army Chief of Staff Gen. Randy George Forced Into Immediate Retirement Amid U.S.-Iran War

Defense Secretary Pete Hegseth has ordered the immediate retirement of Army Chief of Staff General Randy George, cutting his four-year term short by more than a year. The Pentagon confirmed the move on April 2, with...

Trump's White House Ballroom Gets Planning Approval Amid Legal Battle

President Donald Trumps controversial White House ballroom project received a significant boost on Thursday when the National Capital Planning Commission voted to approve the East Wing Modernization Project, even as a...

Trump Administration Sues Three States Over Prediction Market Regulations

The Trump administration has filed lawsuits against Arizona, Connecticut, and Illinois, seeking to halt what federal officials describe as unlawful state interference in the growing prediction markets industry. The legal...

Federal Judge Rules CBP Violated Warrantless Arrest Order During Sacramento Immigration Sweep

A federal judge in California has found that U.S. Customs and Border Protection (CBP) officials violated a prior court order when they conducted a warrantless immigration sweep at a Sacramento Home Depot parking lot. U.S....

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

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...

Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman

Annie Altman has filed an amended civil lawsuit against her brother, OpenAI CEO Sam Altman, accusing him of sexually abusing her over a span of nearly a decade. The amended complaint was submitted Wednesday in St. Louis...

TSMC Japan's Second Fab to Produce 3nm Chips by 2028

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has confirmed plans to begin equipment installation and mass production of 3-nanometre wafers at its second fabrication plant in...

Apple Turns 50: From Garage Startup to AI Crossroads

In early 1976, engineer Steve Wozniak finished designing a computer circuit board he planned to share with fellow hobbyists at a local California tech club. His friend Steve Jobs recognized a commercial opportunity, and...

Rubio Directs U.S. Diplomats to Use X and Military Psyops to Counter Foreign Propaganda

Secretary of State Marco Rubio has instructed American diplomats to leverage social media platform X and collaborate with Pentagon psychological operations units as part of a broader strategy to combat foreign...