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Sat, Nov 16, 2024 07:00 PM All times are UTC

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FxWirePro: GBP/NZD extends rally, 23.6%fibonacci eyed

Oct 15, 2022 00:58 am UTC| Technicals

GBP/NZD strengthened on Friday as investors dumped commodity related currencies like New Zealand dollar on fears of global recession and weak oil demand. GBP / NZD rally lifts the pair above 2.0000(Psychological...

FxWirePro: EUR/NZD rallies to 2-week high, good to buy on dips

Oct 14, 2022 21:43 pm UTC| Technicals

EUR/NZD rally extended rally above 1.7475 on Friday as kiwi dollar weakened on fears of global recession fears and weak oil demand. Oil prices landed down more than 3% as fears of a global recession and weak oil...

FxWirePro: EUR/AUD maintains bullish bias with focus on 1.5800 level

Oct 14, 2022 18:17 pm UTC| Technicals

EUR/AUD strengthened on Friday as lower commodity prices and soured risk sentiment weighed on Australian dollar. Oil prices fell more than 3% on Friday as fears of a global recession and weak oil demand, particularly...

Fxwirepro: EUR/NZD loses momentum but outlook is bullish

Oct 13, 2022 22:22 pm UTC| Technicals

EUR/NZD erased earlier gains on Thursday as pair eroded some of days gains after hotter-than-expected U.S.CPI data. U.S. consumer prices increased more than expected in September as rents surged by the most since 1990...

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

Oct 13, 2022 22:01 pm UTC| Technicals

EUR/AUD after initially gaining on Thursday the pair retreated in the wake of U.S. inflation data. In an up-and-down session, the pair hit low at 1.5513 in early US trading after hitting daily high at 1.5638 . ...

FxWirePro:GBP/NZD rises on talk of tax cut rollback, shrugs off hot US CPI data

Oct 13, 2022 21:48 pm UTC| Technicals

GBP/ NZD rose sharply on Thursday as sterling was helped by report of potential UK fiscal plan U-turn. Sterling rose against kiwi dollar after reports suggested British Prime Minister Liz Truss could row back on some...

FxWirePro:GBP/AUD uptrend gains momentum after reports of UK tax U-turn, good to buy on dips

Oct 13, 2022 17:05 pm UTC| Technicals

GBP/ AUD rose sharply on Thursday reports of a possible U-turn by the UK government on its fiscal plans lifted sterling. The pound surged as much as 2.04% percent versus Australian dollar after Sky News reported the...

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Economy

Barclays Warns: 'Stock Pickers Will Rule' in Chaotic Post-Election Market Shift

As markets digest the implications of Donald Trumps return to the White House, Barclays strategists are sounding the alarm: investors should prepare for a stock pickers market. With sector return dispersion expected to...

‘Vaccine Panic!’ Trump’s RFK Jr. Nomination Sparks a $7 Billion Market Meltdown, Pfizer Leads the Slide

The announcement of Robert F. Kennedy Jr. as President-elect Donald Trumps pick for Secretary of Health and Human Services (HHS) has sent shockwaves through the pharmaceutical industry, sparking a sharp sell-off in vaccine...

Wall Street Plummets as Powell Cautions on Rate Cuts and Trump Cabinet Picks Shake Confidence

Wall Street saw a dramatic downturn on Friday, with major indexes recording their steepest losses in two weeks. Investor sentiment soured following Federal Reserve Chair Jerome Powells cautious remarks on future rate cuts...

FxWirePro- Major Economic Events for the day

Date Time (GMT) Currency Event Forecast Previous Nov 15th2024 7 am GBP GDP...

FxWirePro-China's Economic Outlook: Mixed Signals in Industrial Production and Retail Sales for October 2024

In October 2024, Chinas economy showed mixed results in two key areas: industrial production and retail sales. Industrial Production: Growth was at 5.3% compared to last years, which was lower than the expected 5.5%...

Politics

Texas AG Ken Paxton Sparks Controversy by Backing Kash Patel for FBI Director: ‘The Shake-Up Washington Needs'

Texas Attorney General Ken Paxton has thrown his support behind Kash Patel, a prominent ally of former President Donald Trump, as the next director of the Federal Bureau of Investigation (FBI). The endorsement has sparked...

Pennsylvania Counties Accused of Counting Disqualified Ballots: ‘Defying State Law,’ Critics Claim as Controversy Erupts

A brewing controversy in Pennsylvania is making waves as allegations emerge that Democratic officials in several predominantly blue counties defied state law and court orders by counting disqualified ballots during the...

Kash Patel for FBI Director? Washington Erupts Over Allegations of Political Targeting and Purging ‘Deep State’ Insiders

Speculation is mounting over reports that President-elect Donald Trump may nominate Kash Patel, a close ally and former national security official, as the next director of the FBI. The potential appointment is already...

World Bank in Turmoil: Officials Scramble After Losing $24 Billion in Climate Funds Under Trump’s Budget Ax

The World Bank is reportedly in chaos as officials grapple with fallout from revelations of $24 billion in unaccounted climate funds. The controversy has escalated fears of severe budget cuts from President-elect Donald...

Trump Vows to Unleash RFK Jr. on Health Agencies, Promises 'Sweeping Overhaul' of Scientific Standards

President-elect Donald Trump has announced his intent to grant Robert F. Kennedy Jr. sweeping authority to overhaul U.S. health agencies. The move has sparked intense debate across the political spectrum, with proponents...

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

Cathie Wood Predicts Bitcoin’s Path to $1.5 Million by 2030, Fueled by ETFs and Institutional Support

Bitcoins value may climb to $1.5 million by 2030, Ark Invests Cathie Wood predicts. With spot Bitcoin ETFs, rising institutional demand, and improved regulations, Wood argues the cryptocurrency is cementing its role as a...

Ripple Whales Buy 320M XRP in Days, Driving Price to $1.08 Amid Bullish Market Trends

Ripple whales have accumulated 320 million XRP in a massive buying spree, pushing prices to a two-year high of $1.08. Market analysts are eyeing $2 as the next target amid surging trading volume and bullish...

PNUT Hits $1.85 After $7.12M Whale Move, GOAT Climbs 90% in Solana Meme Coin Explosion

The Solana meme coin market continues its meteoric rise as a crypto whale withdrew $7.12 million worth of PNUT, driving its price up 2000%. Simultaneously, GOAT has surged by 90% since the same whale invested $6.1 million,...

Shiba Inu Burn Rate Spikes 464% With Over 624M SHIB Burned in a Week, Price Gains Ahead?

Shiba Inus burn rate soared 464% this week, with 624.5 million SHIB tokens burned. The supply shock aligns with a 6% intraday price increase, signaling bullish momentum for the meme coin amid a broader market rally in meme...

Dogecoin Eyes $4 After Elon Musk Affirms 'D.O.G.E. Has Real Potential'

Dogecoin is on a meteoric rise after Elon Musk affirmed that D.O.G.E. Has Real Potential. His new role as head of the Department of Government Efficiency has further amplified investor optimism, propelling the coin to...