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EUR/JPY: Post-Rally Dip - Time to Sell the Bounce?

Apr 08, 2025 08:52 am UTC| Technicals

The EUR/JPYdeclined slightly after a jump of nearly 400 pips. It hits an high of 162.19 yesterday and is currently trading around 161.03.The intraday outlook is bearish as long as the resistance 162.20 holds. Technical...

GBP/JPY: Safe-Haven Yen Sinks Sterling - Sell the Rallies?

Apr 08, 2025 08:48 am UTC| Technicals

The GBP/JPYpared some of its gains on the strong yen. It hits a high of 189.46 yesterday and is currently trading around 187.85. Intraday trend is bearish as long as resistance 190 holds. Global Uncertainty Fuels...

FxWirePro: USD/CNY hits highest level since 2023 as trade war escalates

Apr 08, 2025 07:17 am UTC| Technicals

USD/CNY hit highest level since 2023 on Tuesday as traders assessed the PBOCs fixing and Chinas warning of additional countermeasures against U.S. tariffs. PBOC slightly loosened its grip on the currency in what...

FxWirePro: NZD/USD recovers from two-month low ahead of RBNZ rate decision

Apr 08, 2025 06:46 am UTC| Technicals

NZD/USD recovered from a two-month low on Tuesday, driven by hopes that the U.S. might be open to negotiating its aggressive tariffs. The ongoing trade tensions between the United States and other countries have led to...

FxWirePro: AUD/USD rebounds from 5-Year low amid tariff negotiation hopes

Apr 08, 2025 05:53 am UTC| Technicals

AUD/USD rebounded from a five-year low on Tuesday as recovery was fueled by hopes that Washington may be open to negotiating its aggressive tariff policies. Trumps advisers indicated that he is open to negotiations...

FxWirePro: GBP/NZD stuck in range but maintains bullish bias

Apr 08, 2025 01:12 am UTC| Technicals

GBP/NZD initially fell but gained some ground as U.S. President Donald Trumps sweeping tariffs stoked fears of a global trade war and economic recession The base 10% tariffs went into effect on April 5, while the...

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

Apr 08, 2025 00:45 am UTC| Technicals

The EUR/AUD eased slightly as investors gauged the impact of U.S. President Donald Trumps tariffs. A global trade war intensified as Trump threatened a 50% tariff on Chinese goods starting April 9, while the European...

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Economy

ECB Expected to Hold Rates as Middle East Tensions Keep September Hike in Focus

The European Central Bank (ECB) is widely expected to leave interest rates unchanged at its July 23 policy meeting, but rising geopolitical tensions and higher oil prices are keeping the possibility of another rate hike...

KB Securities Explains Why KOSPI Is Falling Despite Strong Samsung, SK Hynix Earnings

South Korean stocks have experienced a sharp correction despite solid corporate earnings, as investors shift their attention from profit growth to financing costs and geopolitical risks, according to a report from KB...

European Earnings Season Gains Strength as Barclays Sees Broader Profit Recovery

European companies are heading into the second-quarter earnings season with improving profit momentum and a broader recovery than many of their U.S. counterparts, according to a new research note from Barclays. The bank...

Wall Street Ends Lower as AI Selloff, Iran Tensions Weigh on Tech Stocks

Wall Street closed sharply lower on Friday, ending a two-week winning streak as investors sold technology shares amid a continued pullback in the artificial intelligence (AI) sector and renewed concerns over inflation...

Brent Oil Jumps 16% for Best Week Since April as US-Iran Conflict Fuels Supply Fears

Global oil prices posted their strongest weekly gains in months on Friday as the escalating conflict between the United States and Iran heightened concerns over global crude supply and shipping disruptions through the...

Politics

Ralph Norman Launches South Carolina Senate Bid After Lindsey Graham’s Death

U.S. Representative Ralph Norman has announced his campaign for the U.S. Senate in South Carolina following the death of longtime Senator Lindsey Graham, setting up a competitive Republican primary to fill the vacant seat....

US Launches New Strikes on Iran After Deadly Attack on American Troops in Jordan

The United States launched fresh airstrikes against Iran on Saturday after two U.S. service members were killed and another was reported missing following an Iranian attack in Jordan, according to U.S. Central Command. The...

Cuban Dissident Artist Luis Manuel Otero Alcántara Arrives in US After Prison Release

Cuban dissident artist Luis Manuel Otero Alcántara has arrived in the United States after completing a five-year prison sentence in Cuba, according to U.S. Secretary of State Marco Rubio. The announcement marks a...

Trump Administration Plans Grants to Back MAGA-Aligned Initiatives Overseas

The Trump administration is reportedly preparing a new package of foreign aid grants aimed at supporting MAGA-aligned initiatives across Europe and other regions, marking a significant shift in U.S. foreign policy...

Ontario Premier Doug Ford Slams Trump Over Canada Wildfire Smoke Criticism

Ontario Premier Doug Ford has strongly criticized President Donald Trump for blaming Canadas forest management for wildfire smoke that has spread across parts of the United States, calling the remarks absolutely...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Samsung Electronics America to Cut 739 New Jersey Jobs as Texas Headquarters Move Advances

Samsung Electronics America (SEA) is reducing its workforce in Englewood Cliffs, New Jersey, with 739 positions affected as the company prepares to relocate its U.S. headquarters to Texas by the end of the year, according...

Nationwide Data Center Protests Highlight Growing Backlash Against AI Expansion

Opposition to the rapid expansion of AI data centers spread across the United States on Saturday as activists staged 142 protests in 42 states, marking the first coordinated nationwide demonstration against the industrys...

DeepSeek Eyes $74 Billion Valuation Ahead of Planned China IPO

Chinese artificial intelligence startup DeepSeek is preparing a new fundraising round that could value the company at approximately 500 billion yuan ($74 billion) as it moves closer to a potential initial public offering...

SpaceX Eyes Pentagon AI Deal as Cloud Pricing Strategy Pressures CoreWeave

SpaceX briefly recovered some of its losses on Friday after a Wall Street Journal report said the aerospace company is negotiating a multi-billion-dollar agreement with the Pentagon to provide artificial intelligence...

Mikron H1 2026 Sales Fall 5.9% as Automation Weakness Weighs on Profit

Swiss automation and machining systems manufacturer Mikron Group AG reported lower first-half 2026 results as weaker demand in its Automation and Machining businesses offset strong growth in its Tool division. Despite the...
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