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FxWirePro: EUR/GBP struggles for direction above cloud support, additional BoE rate hike hopes underpin the British Pound

Feb 27, 2023 12:46 pm UTC| Technicals

Chart - Courtesy Trading View EUR/GBP was trading 0.14% lower on the day at 0.8813 at around 12:30 GMT, down from session highs at 0.8835. Expectation for additional BoE rate hikes underpin the British Pound and act...

FxWirePro- Major pair levels and bias summary

Feb 27, 2023 12:34 pm UTC| Technicals

Major pair levels and bias...

FxWirePro: EUR/JPY struggles at 'Triangle Top' resistance, Euro area Economic Sentiment Index misses forecasts

Feb 27, 2023 12:27 pm UTC| Technicals

Chart - Courtesy Trading View EUR/JPY was trading largely muted at 143.89 at around 12:20 GMT, up from session lows at 143.56. The single currency has largely ignored downbeat Euro area Economic Sentiment Index,...

FxWirePro- Top altcoins for the day (Strength index) (NEOUSD)

Feb 27, 2023 12:20 pm UTC| Technicals Digital Currency

Pair Value Recommendation NEOUSD 349.33 Strong Buy Trends and levels to watch Pair Short-term trend Long-term trend Major resistance Major...

FxWirePro- Currency Strength Index (4- Hour chart)- Currency pairs to watch (EURAUD and USDCHF) for the day)

Feb 27, 2023 12:06 pm UTC| Technicals

Pair Value Recommendation EURAUD 282.56 Buy USDCHF 349.95 Strong Buy USDCHF Major resistance-0.9435 Near-term support- 0.9380 Trend reversal level-...

FxWirePro- USDCHF Daily Outlook

Feb 27, 2023 10:00 am UTC| Technicals

USDCHF trades higher for consecutive days and hits high on board-based US dollar buying. The pair gained momentum after hawkish FOMC meeting minutes. US PCE data came above estimates and also pushed USDCHF further higher....

FxWirePro: EUR/CHF extends 5-day bullish streak, outlook bullish

Feb 27, 2023 09:30 am UTC| Technicals

Chart - Courtesy Trading View EUR/CHF was trading 0.24% higher on the day at 0.9943 at around 09:20 GMT, outlook is bullish. The pair has retraced dip below 200-DMA and has is extending break into the daily cloud,...

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Economy

Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks

Oil prices extended their gains during Asian trading on Thursday as geopolitical tensions involving Venezuela and Russia heightened concerns over global crude supply. Market sentiment was boosted after U.S. President...

Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets

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BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited

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U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data

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Politics

Trump Announces $1,776 Cash Bonus for U.S. Military Personnel Ahead of Christmas

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U.S. House Advances GOP Healthcare Bill as ACA Subsidies Near Expiration

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U.S. Initiates $11.1 Billion Arms Sale to Taiwan Amid Rising China Tensions

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Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies

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Venezuela Seeks UN Security Council Meeting Over U.S. Oil Tanker Blockade

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Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

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Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

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Technology

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...

Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand

Micron Technology delivered record first-quarter results and issued a bullish forecast for the current quarter, driven by rising memory prices and strong demand linked to artificial intelligence workloads. The upbeat...

Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track

Oracle shares fell more than 4% on Wednesday after a Financial Times report claimed that Blue Owl Capital, Oracles largest U.S. data center partner, decided not to support a planned $10 billion data center project in...

OpenAI Explores Massive Funding Round at $750 Billion Valuation

OpenAI, the company behind the widely used AI chatbot ChatGPT, has reportedly entered preliminary discussions with investors about a potential new funding round that could value the company at approximately $750 billion....

Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools

Republican lawmakers are raising alarms over potential U.S. national security risks after a Reuters report revealed that Intel evaluated advanced chipmaking equipment from ACM Research, a company with significant ties to...
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