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FxWirePro: GBP/USD steadies ahead of key Fed and BoE policy meetings

May 06, 2025 09:36 am UTC| Technicals

GBP/USD steadied on Tuesday as traders awaited the outcomes of the Fed and BoE meetings. The BoE is widely expected to cut rates a further 25 basis points to 4.25%, but the statement accompanying its decision will be...

FxWirePro: USD/JPY slips as U.S. tariff jitters spark safe-haven demand

May 06, 2025 08:01 am UTC| Technicals

USD/JPY slipped lower on Tuesday as renewed concerns over U.S. tariffs and their potential impact on global growth spurred demand for the safe-haven yen. U.S. President Donald Trumps unpredictable trade policies have...

FxWirePro: USD/CNY hit 1-1/2 month low ,scope for further downside

May 06, 2025 05:47 am UTC| Technicals

USD/CNY hit 1-1/2 month low on Tuesday as Chinese Yuan wasbuoyed by growing optimism about easing U.S.-China trade tensions. The yuans rise follows President Trumps Sunday statement that the U.S. is negotiating trade...

FxWirePro: AUD/USD loses momentum but bullish setup remains

May 06, 2025 05:35 am UTC| Technicals

AUD/USD eased slightly from a 5-month high on Tuesday as the dollar ticking higher as tariff-related concerns resurfaced. Australian dollar also came under pressure due to weaker-than-expected domestic building permit...

FxWirePro: NZD/USD steadies around 0.5980, retains bid tone

May 06, 2025 05:15 am UTC| Technicals

The New Zealand dollar held steady around 0.5980 on Tuesday as market participants focus shifted to the upcoming U.S. monetary policy meeting and New Zealand employment data. The Federal Reserve is widely anticipated...

FxWirePro: GBP/AUD downside pressure builds, key support Levels in focus

May 05, 2025 23:18 pm UTC| Technicals

GBP/AUD edged lower on Monday as markets turned cautious ahead of this weeks Bank of England and FOMC policy decisions. The Federal Reserve is expected to leave interest rates unchanged on Wednesday, a decision that...

FxWirePro: GBP/NZD set to remain soft into BoE rate decision

May 05, 2025 22:56 pm UTC| Technicals

GBP/NZD initially dipped but recovered ground as investors awaited Bank of Englands next policy decision due later this week. The BoE is expected to cut rates by 25 bps to 4.25%, but markets will closely watch its...

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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

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

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...
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