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FxWirePro- USDCHF Daily Outlook

Aug 10, 2021 09:55 am UTC| Technicals

Ichimoku analysis (4-hour chart) Tenken-Sen- 0.91765 Kijun-Sen- 0.91183 June month high 0.92750 The pair is trading higher for third consecutive days and jumped more than 200 pips on board-based...

FxWirePro- GBPJPY intraday call (for 30 pips)

Aug 10, 2021 08:06 am UTC| Technicals

Ichimoku Analysis (1-Hour Chart) Tenken-Sen- 152.76 Kijun-Sen- 152.82 Previous week high 153.45 GBPJPY is trading in a narrow range of 153.44 and 151.17 for the past week. The minor weakness in...

FxWirePro: EUR/JPY holds marginal gains ahead of German ZEW Sentiment data

Aug 10, 2021 07:52 am UTC| Technicals

EUR/JPY chart - Trading View EUR/JPY was trading 0.15% higher on the day at 129.54 at around 07:45 GMT, bias lower. The common currency was holding marginal gains as traders await the German ZEW Economic Sentiment...

FxWirePro: NZD/USD resumes weakness after rejection at daily cloud and 110-EMA

Aug 10, 2021 05:58 am UTC| Technicals

NZD/USD chart - Trading View Spot Analysis: NZD/USD was trading 0.26% lower on the day at 0.6972 at around 05:30 GMT Previous Weeks High/ Low: 0.7088/ 0.6952 Previous Sessions High/ Low: 0.7026/...

FxWirePro- Gold trades above $1700 on short-covering, good to sell on rallies

Aug 10, 2021 05:15 am UTC| Technicals

Ichimoku analysis (4- hour chart) Tenken-Sen- $1727 Kijun-Sen- $1755 Gold has shown a tepid bounce above $1700 to $1737 after a massive sell-off. The yellow metal was one of the worst performers this month...

FxWirePro: AUD/USD extends weakness for the 3rd straight session, ongoing covid concerns and mixed NAB Business Survey undermine Aussie

Aug 10, 2021 05:06 am UTC| Technicals

AUD/USD chart - Trading View AUD/USD was trading 0.09% lower on the day at 0.7322 at around 04:50 GMT, after closing 0.32% lower in the previous session. The pair is grinding lower for the 3rd straight session,...

FxWirePro:EUR/AUD consolidating around 1.6000, bias is bullish

Aug 09, 2021 22:27 pm UTC| Technicals

EUR/AUD strengthened on Monday as Australian dollar was weighed down by continued COVID lockdown in Australia and weaker commodity prices. Australias most populous state of New South Wales expanded its COVID-19...

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Economy

South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom

South Africa is keen to make use of potential new European Central Bank (ECB) repo liquidity lines, according to central bank governor Lesetja Kganyago, as the country continues to navigate easing inflation and a gradual...

Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength

Russian stocks finished the latest trading session on a mixed note, with the MOEX Russia Index closing flat as gains in select blue-chip shares were offset by losses in others. At the close of trading in Moscow, the...

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal

President Donald Trump has signed a landmark executive order removing the 25% penalty tariff on Indian goods, signaling a major shift in U.S.India trade relations and global geopolitical alignment. The move functions as...

Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran

U.S. President Donald Trump has signed a new executive order that could impose tariffs of up to 25% on countries that continue to do business with Iran, marking a significant escalation in Washingtons pressure campaign...

Politics

Ohio Man Indicted for Alleged Threat Against Vice President JD Vance, Faces Additional Federal Charges

A federal grand jury has returned an indictment against a 33-year-old Ohio man accused of threatening to kill U.S. Vice President JD Vance during the vice presidents visit to the Ohio region in January, according to the...

New York Legalizes Medical Aid in Dying for Terminally Ill Patients

New York has officially joined a growing number of U.S. states allowing medical aid in dying after Governor Kathy Hochul signed landmark legislation into law on Friday. The new New York medical aid in dying law permits...

Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

U.S. President Donald Trump said on Friday that very good talks are ongoing regarding Russias war in Ukraine, signaling potential movement in long-running diplomatic efforts to end the conflict. Speaking briefly to...

China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

China has issued a strong warning to the United States, signaling that any additional arms sales to Taiwan could seriously jeopardize U.S. President Donald Trumps planned visit to China in April. According to a report...

Trump Allows Commercial Fishing in Protected New England Waters

U.S. President Donald Trump has signed a proclamation permitting commercial fishing in a previously restricted marine protected area off the coast of New England, a move that has sparked renewed debate over ocean...

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....