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FxWirePro: USD/CHF consolidates in narrow range, good to buy on dips

Oct 05, 2017 08:37 am UTC| Technicals

USD/CHF has shown a minor recovery from the low of 0.97096 after better than expected US economic data. US Private jobs added 135k compared 130k for the month of September. US ISM services PMI came at 59.8% compared to...

FxWirePro: NZD/JPY extends slide along 5-DMA, bias lower, good to go short on rallies

Oct 05, 2017 08:05 am UTC| Technicals

NZD/JPY is extending slide lower, remains capped inside daily cloud. 5-DMA is sharply lower and the pair is extending grind along 5-DMA. Downside finds strong support at 80.40 (50-DMA), break below will...

FxWirePro: GBP/JPY breaks major support at 20- day MA, break below targets 147.10

Oct 05, 2017 07:13 am UTC| Technicals

GBP/JPY continuing its losing trend for four consecutive days and has declined after hitting intraday high of 149.90. It is currently trading around 148.58. The pair has formed minor top around 150.24 on Oct 3rd 2017...

FxWirePro: AUD/NZD struggles to hold break above 20-DMA at 1.0946, bias higher

Oct 05, 2017 06:36 am UTC| Technicals

Dismal Australia retail trade data weighing heavily on the Aussie, drags AUD/NZD lower. Australia retail sales posted their biggest fall in about four-and-a-half years, plunging 0.6 percent in August. Downbeat...

FxWirePro: Gold trades flat, market eyes ECB's minutes meeting

Oct 05, 2017 06:23 am UTC| Technicals

shown selling after slightly better than expected US ADP employment data. It is currently trading around $1275 0.09% higher. US private sector adds 135K jobs in Sep compared to forecast of 131K but reading was...

FxWirePro: NZD/USD bearish pattern candles restrain consolidation phase at 50% Fibos, more dips on cards after sliding below 38.2% and bearish DMA crossover

Oct 05, 2017 05:57 am UTC| Technicals Insights & Views

In our previous write up, we traced heaps of bearish indications for NZDUSD, consequently, weve been seeing steep slumps from the last three months. The major trend seems to have been exhausted at 50% Fibonacci...

FxWirePro: GBP/AUD retraces dip below 20-DMA, Aussie under pressure on dismal retail trade data

Oct 05, 2017 05:42 am UTC| Technicals

GBP/AUD pauses downside after 4 successive days of downside, bias still bearish. Dismal Australia retail trade data weighing heavily on the Aussie, pushing the pair higher. Australia retail sales have posted...

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Economy

Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

U.S. stocks surged on Friday, posting their strongest session since May 2025, as investors regained confidence following a turbulent week marked by sharp losses in technology shares and uncertainty around the artificial...

Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination

Gold and silver prices climbed on Friday, closing out an exceptionally volatile week in the precious metals market following a historic selloff. The turbulence was sparked by the nomination of former Federal Reserve...

RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal

The Reserve Bank of India (RBI) on Friday kept its key repo rate unchanged at 5.25%, a widely expected decision that reflects confidence in Indias strong economic growth and easing external pressures following a major...

Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm

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Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election

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Politics

U.S. to Begin Paying UN Dues as Financial Crisis Spurs Push for Reforms

The United States will make an initial payment toward the billions of dollars it owes the United Nations within weeks, according to comments made by U.S. Ambassador Mike Waltz in a recent interview with Reuters. The move...

Norway Opens Corruption Probe Into Former PM and Nobel Committee Chair Thorbjoern Jagland Over Epstein Links

Norways economic crime police unit, Økokrim, has opened an investigation into former prime minister and former Norwegian Nobel Committee chairman Thorbjoern Jagland on suspicion of aggravated corruption, authorities...

Iran–U.S. Nuclear Talks in Oman Face Major Hurdles Amid Rising Regional Tensions

Iran and the United States are preparing for high-stakes nuclear negotiations in Oman on Friday, but deep disagreements over the agenda and escalating regional tensions suggest that meaningful progress will be difficult....

Trump Allegedly Sought Airport, Penn Station Renaming in Exchange for Hudson River Tunnel Funding

U.S. President Donald Trump reportedly offered to release frozen federal funding for the $16 billion Gateway Hudson River tunnel project in exchange for Democratic Senator Chuck Schumers support for renaming Washington...

TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans

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Science

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...

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...

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....
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