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FxWirePro: EUR/NZD consolidating around 1.6980, bias is bullish

May 20, 2021 20:26 pm UTC| Technicals

EUR/NZD initially dipped on Thursday but recovered ground as improved risk sentiment drove the pair higher. The pair is holding near todays high, A close above 1.7043(23.6%fib), will likely trigger a new bullish phase...

FxWirePro:EUR/AUD maintains bullish bias with focus on 1.5800

May 20, 2021 18:23 pm UTC| Technicals

EUR/AUD erased yesterdays gains on Thursday as Australian dollar gained after labour force data showed a faster-than-expected decline in unemployment in April. Official figures showed the jobless rate had slipped to a...

FxWirePro- Major pair levels and bias summary

May 20, 2021 16:09 pm UTC| Technicals

Major pair levels and bias...

FxWirePro- XRPUSD Daily outlook

May 20, 2021 16:04 pm UTC| Technicals

Ichimoku Analysis (4-Hour Chart) Tenken-Sen- $1.28929 Kijun-Sen- $1.31932 XRPUSD has formed a triple bottom near $0.90 and shown a nice recovery till $1.29990from that level. The pair should close above the...

FxWirePro: Daily Commodity Tracker - 20th May, 2021

May 20, 2021 13:13 pm UTC| Technicals

Daily Commodity...

FxWirePro: GBP/CHF Daily Outlook

May 20, 2021 12:50 pm UTC| Technicals

GBP/CHF chart - Trading View Technical Analysis: Bias Neutral - GBP/CHF was trading 0.07% lower on the day at 1.2725 at around 11:15 GMT - Price action is extending sideways along 21-EMA support - The pair is...

FxWirePro: AUD/JPY capped below 5-DMA, bearish divergence to drag the pair lower

May 20, 2021 10:42 am UTC| Technicals

AUD/JPY chart - Trading View AUD/JPY was trading largely unchanged at 84.39 at around 10:25 GMT, after closing 0.53% lower in the previous session. The pair is extending pullback from multi-year highs at 85.80,...

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Economy

IMF Reaches Staff-Level Agreement With Egypt, Opening Path to $3.8 Billion in Funding

The International Monetary Fund (IMF) has announced that it reached a staff-level agreement with Egypt on the fifth and sixth reviews of the countrys Extended Fund Facility (EFF), a key step that could unlock around $2.5...

RBA Signals Possible Interest Rate Hike in 2026 as Inflation Pressures Persist

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Wall Street Ends Higher as S&P 500, Nasdaq Extend Gains Ahead of Holiday Week

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Global Markets Rise as Tech Stocks Lead, Yen Strengthens, and Commodities Hit Record Highs

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Platinum Price Surges Past $2,000 as Demand and Supply Dynamics Tighten

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Politics

Trump Administration Recalls Nearly 30 U.S. Ambassadors in Push for “America First” Agenda

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Australia Moves Toward Tougher Gun Laws After Bondi Shooting

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Trump Announces Ambitious Plan for New U.S. Navy Super Battleships

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China’s Nuclear Expansion Raises Arms Control Concerns as Pentagon Report Warns of Growing Military Ambitions

China is rapidly expanding and modernizing its nuclear weapons arsenal, with a draft Pentagon report warning that Beijing may have loaded more than 100 intercontinental ballistic missiles (ICBMs) across three newly...

Kremlin Downplays U.S.-Russia Talks on Ukraine as Ongoing Process

Russia has played down expectations surrounding recent discussions with the United States on the Ukraine conflict, emphasizing that the talks should not be interpreted as a major diplomatic breakthrough. Kremlin spokesman...

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

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

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

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

The U.S. Federal Trade Commission has welcomed Instacarts decision to end its artificial intelligence-based price testing, a move that follows weeks of consumer backlash and regulatory scrutiny. FTC Chair Andrew Ferguson...

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...
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