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Sun, Dec 29, 2024 08:10 PM All times are UTC

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GBP/JPY Dips: Weak UK Jobs Data and Rate Cuts Weigh on Market Confidence

Nov 12, 2024 08:51 am UTC| Technicals

The GBP/JPY currency pairpared some of its gains after weak UK jobs data. It dropped to a low of 196.88 at the time of writingand is currently trading around 197.08.The Potential Reversal Zone (PRZ) is set at 200.20. In...

FxWirePro- Woodies Pivot (Major)

Nov 12, 2024 08:47 am UTC| Technicals

Woodies Pivot...

FxWirePro: USD/ JPY consolidating around 153.75, room for further gains

Nov 12, 2024 08:14 am UTC| Technicals

USD/JPY consolidated around 153.75 on Tuesday as robust U.S. economic growth and the Trump administrations assertive trade policies continue to propel the U.S. dollar upward. Focus is on the October Consumer Price...

FxWirePro: AUD/USD drifts lower , could be on verge of a bigger drop

Nov 12, 2024 05:51 am UTC| Technicals

AUD/USD slipped lower on Tuesday as disappointment over Chinas latestpolicy packageannounced on Friday and Trumps pledges of60% tariffs on China continued toweighon the Australian dollar. Declining commodity prices...

FxWirePro: USD/ CNY hits 3-1/2 month high, good to buy on dips

Nov 12, 2024 05:30 am UTC| Technicals

USD/ CNY strengthened on Tuesday as persistent market worries over higher tariffs on Chinese goods from Donald Trumps second presidency weighed on yuan. As part of his campaign to revitalize American manufacturing,...

FxWirePro: GBP/NZD remains weak, eyes 50% fib support

Nov 12, 2024 00:39 am UTC| Technicals

GBP/NZD declined on Monday as investors awaited key economic data this week for clues on the path British monetary policy. Investors awaited British labour market data for hints on how fast the Bank of England will...

FxWirePro: EUR/NZD attracts selling interest, could be on verge of a bigger drop

Nov 11, 2024 23:30 pm UTC| Technicals

EUR/NZD dipped on Monday as euro was weighed down by investor worries about possible tariffs by a new White House administration. The common currency has been further pressured by ongoing German political concerns...

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Economy

Tesla Model 3 Test Drive Requests Soar 60% in Beijing Amid New Sales Offers

Test drive requests for Teslas Model 3 in Beijing have soared 60% month-over-month, spurred by local sales initiatives like zero-interest financing and competitive pricing. The sedan remains a top pick in the Chinese EV...

Elon Musk's Tesla Vision-Only Tech Sparks LiDAR Debate as Li Auto CEO Cites China Highway Dangers

Li Auto CEO takes aim at Elon Musk and Teslas vision-only strategy, arguing LiDAR is essential for handling Chinas challenging highway conditions. Li Auto CEO Highlights LiDAR for Chinas Unique Highways Even if the...

Bezos’ Blue Origin FAA Approval Paves Way for New Glenn Rocket Launch in Space Race

The FAA has approved Blue Origins New Glenn rocket, allowing Jeff Bezos space company to compete in critical national security satellite launches. FAA Grants Blue Origin License for New Glenn Rocket Launch On Friday, the...

What OpenAI’s Public Benefit Shift Means for the Future of AI

OpenAIs decision to adopt a public benefit corporation model reflects its effort to align profit-making with its mission to drive societal impact in the fast-evolving AI sector. OpenAI Embraces Public Benefit Corporation...

Massive Chrome Extension Breach Exposes Data Security Risks Across Companies

In an alarming cybersecurity breach, hackers compromised Chrome extensions of multiple companies, including Cyberhaven, to access sensitive data. The attack, ongoing since December, highlights vulnerabilities in browser...

Politics

Trump's Outrage Over Celebrity Endorsements Sparks Controversy as He Claims Democrats Broke the Law

In a fiery post on his Truth Social platform, President-elect Donald Trump accused Democrats of breaking the law over claims that Vice President Kamala Harris 2024 presidential campaign paid celebrities, including...

Off-Year 2025 Elections Could Reveal Early Signs of Voter Sentiment as Trump Begins New Term

As President-elect Donald Trump prepares for his second term, the off-year elections in 2025 will serve as an early indicator of political trends, voter sentiment, and potential shifts in party dynamics. With various state...

Republican Governor Sparks Controversy Over Social Security Cuts Proposal as Election Looms

In a heated discussion on CNNs State of the Union this past Sunday, New Hampshire Governor Chris Sununu ignited controversy by suggesting that cuts to Social Security should be on the table as part of efforts to curb...

Mexico Launches New App to Help Migrants with U.S. Detentions Amid Heightened Border Tensions

In a move aimed at providing critical support to migrants fearing imminent detention by U.S. immigration authorities, Mexico has launched a new mobile application that allows users to activate a panic button. This feature...

Kari Lake’s Political Future Over After Senate Defeat as She Accepts Trump’s VOA Appointment

Kari Lake, a prominent figure in Arizonas political scene, announced that she will not run for office again following her loss in the 2024 Senate race. Instead, she has accepted President-elect Donald Trumps nomination to...

Science

Public Health Experts Warn of ‘Quad-Demic’ as Flu, COVID, RSV, and Norovirus Threaten Winter Surge

Public health experts are raising alarms over a potential quad-demic this winter, with flu, COVID-19, respiratory syncytial virus (RSV), and norovirus all expected to surge simultaneously. This unprecedented convergence of...

Philippines' 'Missile Acquisition' Plan Provokes China's 'Arms Race' Warning

The Philippines has announced plans to acquire the U.S.-developed Typhon missile system to bolster its maritime defense capabilities. This decision has elicited strong reactions from China, which warns that such a move...

Christmas Eve Asteroid' to Skim Past Earth at 14,743 mph Tonight, NASA Warns

NASA has announced that an asteroid, comparable in size to a 10-story building, will make a close approach to Earth on Christmas Eve. The space rock, designated 2003 SD220, is expected to pass by our planet at a speed of...

Emergency Declared as Bird Flu 'Spreads' to California Dairy Cows

California Governor Gavin Newsom has officially declared a state of emergency in response to the rapidly escalating bird flu outbreak. The declaration comes after avian influenza was detected in dairy cows, a rare and...

Missing Radioactive Material in New Jersey Sparks Panic — Are Drones ‘Hunting for It’?

A small amount of radioactive material went missing in New Jersey earlier this month, raising concerns over public safety and potential security risks. The U.S. Nuclear Regulatory Commission (NRC) confirmed on December 2,...

Technology

Nintendo Switch 2 Launch Rumored for March 28 by Italian Website as Excitement Builds Around New Console

An Italian website has fueled excitement by hinting at a March 28 launch for the Nintendo Switch 2. With accessory details and advanced specs circulating, analysts predict strong sales fueled by anticipated titles like...

X's New Algorithm Changes Trigger Backlash as Users Claim Voices Are Being Silenced

Elon Musks recent algorithm update on X, formerly known as Twitter, has sparked a heated debate among users. The changes, aimed at maximizing unregretted user-seconds, have raised questions about whether the platform is...

Samsung Brings Galaxy Ring 2 and AR Smart Glasses to Galaxy Unpacked 2025 With S25 Series

Samsung is shaking up the tech world at Galaxy Unpacked 2025, unveiling the Galaxy S25 Series, the advanced Galaxy Ring 2, and its cutting-edge AR Smart Glasses. This bold lineup promises a fresh leap into wearable...

Apple’s 2nm Chips Skip iPhone 17 as TSMC Prepares 2026 Launch for iPhone 18

Apple has decided to wait until 2026 to incorporate TSMCs 2nm chips into the iPhone 18. The move bypasses the iPhone 17, as TSMC works on scaling its production to meet industry demands and cut costs. Apple Expected to...

Xiaomi Expands EV Charging Access Across China With NIO, XPeng, and Li Auto Networks

Xiaomi has joined the EV charging networks of NIO, XPeng, and Li Auto, giving its customers access to over 29,000 stations across China. The move marks a strategic step in bolstering Xiaomis EV business amid growing...