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FxWirePro: EUR/GBP hits fresh 8-month lows at 0.8830, break below 200W MA to plummet prices

Jan 21, 2021 09:27 am UTC| Technicals

EUR/GBP chart - Trading View EUR/GBP was trading 0.34% lower on the day at 0.8833 at around 09:00 GMT, extending previous sessions downside. The pound sterling finds aggressive fresh bids on Thursday amid optimism...

FxWirePro: AUD/JPY extends upbeat Australia employment-led gains, edges above 200H MA

Jan 21, 2021 06:12 am UTC| Technicals

AUD/JPY chart - Trading View AUD/JPY was extending gains for the 3rd straight session, edges above 200H MA, bias remains higher. The pair buoyed by better-than-expected Australia employment data and risk-on market...

FxWirePro: AUD/USD hits weekly high at 0.7777, Aussie buoyed on upbeat employment data and broad market optimism

Jan 21, 2021 05:17 am UTC| Technicals

AUD/USD chart - Trading View AUD/USD on track to test 0.78 mark as upbeat Australian jobs data and broad market optimism keeps bulls buoyed. Data released early Thursday showed Australias jobless rate fell more than...

FxWirePro: CADJPY Daily Outlook

Jan 21, 2021 04:36 am UTC| Technicals

Ichimoku Analysis (hourly chart) Tenken-Sen- 81.79 Kijun-Sen- 81.62 CADJPY is trading higher for 2nd consecutive days on a strong Canadian dollar. It has kept its rates unchanged and promised to keep...

FxWirePro: USD/JPY sidelined below 21-EMA, BoJ's status quo has little impact

Jan 21, 2021 04:08 am UTC| Technicals

USD/JPY chart - Trading View USD/JPY has erased early gains and was trading marginally lower at 103.50 at around 04:00 GMT. The major showed little reaction to BoJ status quo and remained undermined by broad-based US...

FxWirePro: Gold Daily Outlook

Jan 21, 2021 04:07 am UTC| Technicals

Ichimoku analysis (4 Hour chart) Tenken-Sen- $1852.37 Kijun-Sen- $1837.43 Gold showed a massive jump of nearly $ 40 as new President Biden would provide more stimulus to counter the Coronavirus pandemic....

FxWirePro:EUR/NZD changes short term trend from bullish to bearish

Jan 20, 2021 18:57 pm UTC| Technicals

EUR/NZD declined on Wednesday as worries that a new variant of the virus could lead extended lockdowns in Eurozone weighed on euro. The EUR/NZD has corrected lower from high at 1.2349 reached on Jan 20th. The...

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Economy

Taiwan Stock Market Ends Higher as Semiconductor and Energy Shares Lead Gains

Taiwan stocks closed higher on Thursday, supported by broad-based gains across key sectors including semiconductors, oil, gas and electricity, as well as construction. The Taiwan Stock Exchange Weighted Index finished the...

BOJ Governor Signals Gradual Rate Hikes as Japan’s Inflation Nears 2% Target

Bank of Japan Governor Kazuo Ueda said Japans underlying inflation is steadily accelerating and moving closer to the central banks long-standing 2% target, reinforcing expectations that interest rate hikes will continue if...

UBS Warns of Short-Term Risks as Precious Metals Rally to Record Highs

Gold, silver, and platinum have surged to fresh record highs heading into the year-end holiday period, drawing strong attention across global commodity markets. However, UBS is urging investors to exercise caution, warning...

Japan Revises Economic Growth Forecast as Stimulus Fuels Consumption and Investment

Japans government has revised upward its economic growth forecast for the fiscal year ending next March and projected faster expansion in the following year, citing the positive impact of a large-scale stimulus package...

U.S. Stocks Rally to Record Highs as AI Rebound Fuels Holiday-Shortened Session

U.S. stocks closed higher on Wednesday, with the Dow Jones Industrial Average and the SP 500 finishing at record closing highs during a broad-based rally in a holiday-shortened trading session. All three major indexes...

Politics

U.S. Prioritizes Economic Pressure With Venezuelan Oil Quarantine as Sanctions Intensify

The United States has shifted its near-term military focus toward enforcing a so-called quarantine on Venezuelan oil exports, signaling a strategy that prioritizes economic pressure over direct military confrontation....

Hanwha Signals Readiness to Build Nuclear-Powered Submarines at Philly Shipyard for U.S. Navy

Hanwha Group has announced that its Philadelphia-based shipyard has the technical capability to build nuclear-powered submarines for the U.S. Navy, highlighting the South Korean conglomerates growing ambitions in the...

China’s One-Child Policy Legacy Resurfaces After Death of Former Population Chief

The death of Peng Peiyun, a former senior Chinese official who oversaw the countrys one-child policy for a decade, has reignited fierce debate on Chinese social media about the long-term impact of the controversial...

Christmas Eve Jazz Concert Canceled After Kennedy Center Renaming to Include Trump

A planned Christmas Eve jazz concert at the Kennedy Center in Washington, D.C., has been canceled following a controversial decision to rename the iconic performing arts institution to include the name of Republican U.S....

Palau Agrees to Accept Up to 75 U.S.-Transferred Migrants in Deal Tied to Increased American Aid

Palau has agreed to accept up to 75 migrants transferred from the United States after signing a memorandum of understanding (MOU) with Washington, a move that has drawn international attention amid ongoing debate over U.S....

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

Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance

NVIDIA (NASDAQ: NVDA) has reportedly agreed to acquire Groq, a fast-growing designer of high-performance artificial intelligence accelerator chips, in a $20 billion all-cash transaction, according to a CNBC report. The...

Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling

A federal judge in Texas has blocked the enforcement of a new state law that would have required app stores and developers to verify users ages, marking a significant legal win for major technology companies and digital...

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...
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