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FxWirePro: USD/JPY holds support at 21-EMA, retrace above 200H MA will see upside resumption

May 13, 2022 04:52 am UTC| Technicals

Chart - Courtesy Trading View Technical Analysis: - USD/JPY was trading 0.57% higher on the day at 128.99 at around 04:40 GMT - The pair is set to break a 9-week bullish streak, trades 1.26% lower on the week -...

FxWirePro:EUR/NZD reverses recent rally, bias back to downside

May 13, 2022 00:21 am UTC| Technicals

EUR/NZD declined on Thursday as intensifying global risk aversion over war, inflation and diminishing economic growth prospects weighed on the pair. The souring sentiment dealt a particularly harsh blow to the euro as...

FxWirePro:GBP/NZD maintains bullish bias with focus on 1.9700

May 12, 2022 23:55 pm UTC| Technicals

GBP/NZD studied around 1.9540 on Thursday as global risk aversion and global equity losses forced investors to dump commodity related currencies. Global equity fell as markets were dogged by fears high inflation would...

FxWirePro:GBP/AUD consolidating around 1.7775, bias is bullish

May 12, 2022 23:22 pm UTC| Technicals

GBP/ AUD strengthened on Thursday as global equity losses weighed on risk-sensitive Australian dollar . World equities fell to an 18-month-low, with markets dogged by fears high inflation would persist and force...

FxWirePro: Daily Commodity Tracker - 12th May, 2022

May 12, 2022 12:12 pm UTC| Technicals

Daily Commodity...

FxWirePro: EUR/CHF Daily Outlook

May 12, 2022 12:05 pm UTC| Technicals

Chart - Courtesy Trading View Technical Analysis: Bias Bearish - EUR/CHF was trading 0.68% lower on the day at 1.0369 at around 11:45 GMT - The pair is on a downside streak for the 3rd straight session, eyes...

FxWirePro: EUR/JPY plunges over 1.60%, holds just above 134 handle on renewed risk-off

May 12, 2022 10:44 am UTC| Technicals

Chart - Courtesy Trading View EUR/JPY was trading 1.60% lower on the day at 131.41 at around 10:30 GMT. The pair plunged lower to test 2-month lows just above 134 handle before paring some losses. The re-emergence...

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Economy

EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks

The European Union has decided to delay the formal signing of its long-anticipated free trade agreement with the Mercosur bloc, as EU leaders convened in Brussels to prioritize discussions on funding Ukraines war effort....

Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets

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Politics

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Putin Signals Possible Peace or Continued War in Ukraine at Major Year-End Address

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Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

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Trump Signs Order to Ease Federal Marijuana Rules, Signaling Major Policy Shift

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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

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NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

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Technology

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

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Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

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

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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...
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