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Fri, Dec 26, 2025 08:50 PM All times are UTC

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FxWirePro: GBP/JPY trades above trend line resistance, jump till 144 likely

Aug 30, 2017 06:10 am UTC| Technicals

GBPJPY broken trend line resistance at 141.25 (trend line joining 143.19 and 141.40) and jumped till 142.03 yesterday. The pair has close well above trend line resistance and is currently trading around 141.89. The...

FxWirePro: USD/INR exhibits range bound movement, upside limited

Aug 30, 2017 05:58 am UTC| Technicals

USD/INR is currently trading around 63.92 marks. It made intraday high at 63.99 and low at 63.90 marks. Intraday bias remains bearish till the time pair holds key resistance at 64.01 marks. Key resistances...

FxWirePro: EUR/USD shooting star to disrupt rallies but not coupled with momentum confirmation, massive volumes in uptrend – Bid boundary binaries for trading

Aug 30, 2017 05:52 am UTC| Technicals

In yesterdays rallies, shooting star candlestick pattern has occurred at the peaks of 1.1971 levels. Consequently, todays trade sentiment has been little edgy during Asian trading sessions. Shooting may hamper short...

FxWirePro: Gold downside limited due to political uncertainty, good to buy on dips

Aug 30, 2017 05:30 am UTC| Technicals

Gold has shown a minor profit booking after hitting an 11-month high as dollar pared so0me of its losses. But downside is limited due to political uncertainty. The yellow metal declined till $1307 and is currently trading...

FxWirePro: Aussie buoyed on upbeat construction activity data, AUD/USD extends gains above weekly 200-SMA, bias higher

Aug 30, 2017 05:16 am UTC| Technicals

AUD/USD hits 4-week highs at 0.7995 before paring some gains to currently trade at 0.7983. Aussie remains bid after the data released in Australia showed a big improvement in the construction activity. The second...

FxWirePro: Taiwanese dollar rises gradually against U.S. dollar, stay bearish

Aug 30, 2017 05:03 am UTC| Technicals

USD/TWD is currently trading around 30.08 marks. It made intraday high at 30.21 and low at 30.05 marks. Intraday bias remains bearish till the time pair holds key resistance 30.22 mark. A daily close above...

FxWirePro: Nikkei recovers from 4- month low after North Korea fears eases, good to sell on rallies

Aug 30, 2017 04:38 am UTC| Technicals

Nikkei has shown a rebound after hitting 4- month low after North Korea fears eased. The index recovered after forming a bottom at 19144 yesterday. The slight jump in Nikkei was also due to slight weakness in yen. It is...

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Economy

U.S. Stocks Hold Steady After Christmas as Trading Volumes Stay Light

U.S. stocks were mostly unchanged following the Christmas holiday, as subdued trading activity and thin volumes defined the session ahead of a shortened New Years trading week. With many global markets still observing...

Oil Prices Hold Steady in Asia as Geopolitical Tensions Support Market

Oil prices were mostly unchanged during Asian trading on Friday, holding on to gains from earlier in the week as geopolitical tensions continued to underpin the market. However, thin holiday liquidity and limited...

Lebanon Cabinet Approves Financial Gap Law to Tackle Ongoing Economic Crisis

Lebanons cabinet has approved a controversial draft law aimed at addressing the countrys prolonged financial crisis, a move seen as a critical step toward unlocking long-awaited international financial support. The...

China to Tighten Crude Steel Output Controls and Export Regulation Through 2030

China has announced it will continue strict regulation of crude steel output and prohibit the addition of illegal new capacity from 2026 to 2030, reinforcing its long-term strategy to curb overcapacity and reduce carbon...

Asian Stocks and Gold Rally as Investors Chase Year-End Gains Amid Dollar Weakness

Asian stock markets climbed to their highest levels in six weeks on Friday, extending a strong year-end rally as investors looked to finish the year on a positive note. Despite thin trading volumes due to market holidays...

Politics

Zelenskiy to Meet Trump to Advance Ukraine Peace Talks and Security Guarantees

Ukrainian President Volodymyr Zelenskiy announced on Friday that he plans to meet with U.S. President Donald Trump on Sunday as part of ongoing efforts to bring an end to Russias war in Ukraine. The high-level meeting is...

Najib Razak Jailed 15 More Years in Landmark 1MDB Verdict With Major Political Impact

Malaysias former prime minister Najib Razak has been sentenced to an additional 15 years in prison and fined 11.39 billion ringgit (about $2.8 billion) after being found guilty of abuse of power and money laundering in one...

Japan Approves Record ¥122.3 Trillion Budget as Takaichi Seeks Fiscal Balance

Japans government, led by Prime Minister Sanae Takaichi, has approved a record-breaking budget worth 122.3 trillion yen ($785 billion) for the next fiscal year starting in April, underscoring its attempt to balance...

White House East Wing Ballroom Plans Face Scrutiny Ahead of January Hearing

The White House is set to reveal new details about President Donald Trumps proposed East Wing ballroom during a federal commission hearing scheduled for early next month, according to official notices. The project, which...

Zelenskiy Discusses Ukraine Peace Efforts With Trump Envoys

Ukrainian President Volodymyr Zelenskiy said on Thursday that he held an extensive discussion with U.S. President Donald Trumps special envoy Steve Witkoff and Trumps son-in-law Jared Kushner, focusing on possible ways to...

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 and Groq Strike Strategic AI Inference Licensing Deal

Reports earlier this week suggested that Nvidia (NASDAQ: NVDA) had agreed to acquire AI chip startup Groq in a $20 billion all-cash transaction. However, updated details clarify that the arrangement is not a traditional...

TSMC Honors Japanese Chip Equipment Makers With 2025 Supplier Awards

Several leading Japanese semiconductor equipment manufacturers have been recognized with 2025 Supplier Awards from Taiwan Semiconductor Manufacturing Company (TSMC), highlighting their growing importance in the global chip...

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...