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FxWirePro: GBP/AUD extends its drop, potential for further bearish continuation

Sep 12, 2024 23:50 pm UTC| Technicals

GBP/AUD declined on Thursday as higher commodities prices and increased risk sentiment boosted Australian dollar. Iron ore futures surged to their highest level in over a week, as expectations of improved seasonal...

FxWirePro: EUR/AUD outlook weaker on renewed downside pressure

Sep 12, 2024 23:33 pm UTC| Technicals

EUR/AUD slipped below 1.6500 level as euro came under selling pressure after European Central bank lowered its policy rate 25 basis points. The bank cut rates for the second time this cycle, lowering its key deposit...

FxWirePro: EUR/NZD side lower shifts pressure to the downside

Sep 12, 2024 23:20 pm UTC| Technicals

EUR/NZD eased on Thursday following the European Central Banks 25 basis point rate cut. The central banks inflation forecasts were largely maintained just below 2%, while the growth outlook was revised downward and...

FxWirePro:GBP/NZD edges lower after early gains fizzles out

Sep 12, 2024 17:35 pm UTC| Technicals

GBP/NZD drifted lower on Thursday as increased risk sentiment and higher commodity prices boosted kiwi dollar. Iron ore futures surged on Thursday to their highest level in over a week, while oil prices increased by...

FxWirePro: USD/CAD bulls undeterred, eyes 50%fib resistance

Sep 12, 2024 16:16 pm UTC| Technicals

USD/CAD gained upward traction on Thursday as the latest U.S. economic data reinforced expectations of a 25 basis point rate cut next week. U.S. initial jobless claims rose 2,000 to a seasonally adjusted 230,000 for...

FxWirePro: GBP/USD rises from three week low, bulls take aim at 38.2%fib

Sep 12, 2024 15:12 pm UTC| Technicals

GBP/USD rebounded strongly from three week low on Thursday as sterling was helped by global stock gains and increased risk sentiment. Data released on Wednesday by Britains Office for National Statistics showed that...

FxWirePro- Major Pair levels and bias summary

Sep 12, 2024 14:21 pm UTC| Technicals

Major Pair levels and bias...

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Economy

New Home Prices in China Rise Amid Market Recovery Efforts

New Home Prices in China Rise Amid Market Recovery Efforts In October, new home prices in China experienced a notable increase, reflecting a potential shift in the property markets trajectory. According to a...

South Korea's Export Growth Falls to Seven-Month Low Amid Global Demand Concerns

South Koreas Export Growth Drops as Global Demand Slows South Koreas export growth slowed sharply in October, rising just 4.6% year-over-year to $57.52 billion, marking the smallest increase in seven months. This...

Macquarie Group Reports Lower-Than-Expected First-Half Profits Amid Commodities Slowdown

Macquarie Group Misses First-Half Profit Estimates as Commodities Trading Declines Macquarie Group, Australias largest investment bank, reported a first-half profit increase of 14% to A$1.61 billion (USD 1.06...

Indonesia's Inflation Eases, Core Inflation Surges Amid Economic Challenges

Indonesias Inflation Trends: Headline Eases, Core Inflation Surges October Inflation Overview Indonesias headline inflation rate eased to 1.71% in October, down from 1.84% in September. This rate aligns...

China Halts Investments in Europe Amid New Tariffs on EVs

China Halts Investments in Europe Amid New Tariffs on EVs China has directed its automakers to pause significant investments in European countries backing new tariffs on Chinese-made electric vehicles (EVs). This...

Politics

‘Garbage or Nazis?’ Gov. Tim Walz Defends Biden’s Remarks on Trump Supporters—‘He Was Very Clear!’ Critics Demand Apology

Minnesota Governor Tim Walz is facing backlash after defending President Joe Bidens recent comment that referred to Trump supporters as garbage. In his statement, Walz, who recently compared Trump supporters to Nazis,...

‘America’s Going to Love It!’ Elon Musk Teases ‘Fun’ Second Trump Presidency—‘It’s Gonna Be Awesome!’ Sparks Mixed Reactions

In a tweet that has stirred up strong opinions across social media, billionaire Elon Musk shared his take on a potential second presidency for former President Donald Trump, calling it the most fun America has had in a...

‘A System Flaw Exposed!’ Non-Citizen Voting Incident at University of Michigan Sparks Outrage—‘Ballot Will Still Count!’

A 19-year-old student from China, enrolled at the University of Michigan, faces charges of illegal voting and perjury for allegedly casting a ballot in the 2024 U.S. election. The case has ignited a firestorm of...

U.S. Election Officials Brace for Disruptions Amid Misinformation and Threats

Heightened Security Measures in Key Battleground States Ahead of Election Day With the U.S. election just days away, officials across crucial battleground states like Philadelphia, Detroit, and Atlanta are...

Science

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...

Just 21 Minutes of Cycling a Day Is 'All You Need' for Total Health, Claims Expert

John Vinton, CEO of Aventon Bikes, insists that just 21 minutes of cycling each day can drastically enhance your health. This simple yet transformative practice can lead to a multitude of benefits, including reduced risks...

Urgent Alert: New COVID Variant Causes Alarming Symptoms—You Must Know This!

The UK is experiencing a rise in COVID-19 cases, with the UK Health Security Agency (UKHSA) confirming that the XEC strain of the virus is spreading. This variant, a combination of the KS.1.1 and KP.3.3 strains, is...

Technology

Shiba Inu's Shytoshi Kusama Strikes Back at Critics, Claims SHIB Outpaces Bitcoin

Shiba Inus enigmatic lead developer, Shytoshi Kusama, has fired back at critics doubting SHIBs potential, emphasizing its staggering 33 million percent growth since 2020 and asserting that it outperforms even...

OpenAI's ChatGPT Search Takes on Google—Here's How to Use It

In a bold move against Google, OpenAI has unveiled ChatGPT Search, enhancing its AI with powerful search capabilities. Powered by GPT-4o, this new feature is rolling out to ChatGPT Plus users. Heres how you can get started...

XRP Whale Drops 31M Tokens As SEC Battle Reaches Pivotal Moment

An XRP whale transferred 31 million tokens to Bitso, intensifying market chatter as Ripples legal showdown with the SEC hits a pivotal stage. With XRP hovering around $0.50 support, investors brace for possible sell-off...

Bitcoin Eyes $123K as Zeberg Highlights Key Fibonacci, RSI, and MACD Signals

Bitcoins price could soon reach $123,000, predicts Henrik Zeberg, as technical indicators signal substantial upward momentum. With Bitcoin nearing critical Fibonacci and RSI thresholds, Zeberg suggests a powerful rally may...
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