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Wed, Dec 24, 2025 03:36 AM All times are UTC

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FxWirePro: USD/CNY remains well supported above 6.87 mark, PBOC sets yuan mid-point at 6.8856

Mar 23, 2017 06:58 am UTC| Technicals

USD/CNY is currently trading around 6.8859 marks. It made intraday high at 6.8930 and low at 6.8777 levels. Intraday bias remains bullish till the time pair holds key support at 6.8750 mark. A sustained...

FxWirePro: AUD/CHF breaks trend line support, decline till 0.7480 likely

Mar 23, 2017 06:53 am UTC| Technicals

Major support 0.7600 (trend line joining 0.74791 and 0.75738). Major intra day resistance 0.7660 (100- 4H EMA). AUD/CHF broken major support of 0.7600 and declined till 0.75850 yesterday. It is currently...

FxWirePro: Back-to-back bearish patterns pop on AUD/USD upswings, breach above channel resistance to boost up consolidation phase

Mar 23, 2017 06:25 am UTC| Technicals

On weekly terms, ever since the bears have managed to reject the previous upswings at stiff resistance at 0.7761 levels, subsequently, we traced out shooting star, gravestone doji and spinning top candles at 0.7659, 0.7666...

FxWirePro: EUR/CAD struggles to hold break above 200-DMA, slips below 5-DMA

Mar 23, 2017 06:20 am UTC| Technicals

EUR/CAD has retraced almost all gains above 200-DMA break. The pair has slipped below 5-DMA and is now struggling to hold above 200-DMA currently at 1.4354. Break below 200-DMA will see areversal to the downside,...

FxWirePro: Silver rises gradually against U.S. dollar, stay bullish

Mar 23, 2017 06:17 am UTC| Technicals

XAG/USD is currently trading around $17.52 marks. It made intraday high at $17.53 and low at $17.49 levels. Intraday bias remains slightly bullish till the time pair holds key support at $17.40 mark. A daily...

FxWirerPro: Gold decline after hitting three week high, Trump policy in focus

Mar 23, 2017 05:57 am UTC| Technicals

Major resistance - $1260 (200- day MA). Gold declined slightly after hitting three week high on account slight recovery in US dollar from seven week low. The yellow jumped till $1251.15 yesterday and is currently...

FxWirePro: USD/JPY pauses downside at 38.2% Fibo, close below weekly cloud top to see further weakness

Mar 23, 2017 05:34 am UTC| Technicals

USD/JPY is slightly bid on the day as the pair benefits from risk reversal early on in the Asian session. The pair has edged higher from fresh 4-month lows at 110.73 hit on Wednesdays trade. Downside seems to...

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Economy

Asian Markets Rise as AI Rally Caps 2025, Gold and Silver Hit Record Highs

Asian shares edged higher on Wednesday, rounding off a strong finish to 2025 as artificial intelligence-driven optimism continued to fuel global equity markets. The positive momentum followed an overnight rally on Wall...

U.S. Stock Index Futures Steady After S&P 500 Hits Record on Strong Economic Data

U.S. stock index futures were little changed on Tuesday evening following a record-setting close for the SP 500, as stronger-than-expected economic growth data continued to bolster confidence in the U.S. economy. Market...

Oil Prices Edge Higher as Strong U.S. Growth and Supply Risks Support Market

Oil prices recorded modest gains on Wednesday, extending a rally from earlier in the week as strong U.S. economic data and ongoing geopolitical risks supported market sentiment. Brent crude futures rose 4 cents, or 0.06%,...

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

The Reserve Bank of Australia (RBA) has revealed that its board members discussed the possibility of raising interest rates in 2026, according to the minutes from the central banks December policy meeting. The discussion...

Politics

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

The Trump administration has recalled nearly 30 U.S. ambassadors and senior career diplomats from overseas posts, a move officials say aligns embassies more closely with the presidents America First foreign policy, but...

Australia Moves Toward Tougher Gun Laws After Bondi Shooting

Australias most populous state, New South Wales, is set to introduce significantly tougher gun laws alongside new measures targeting terrorism and public protests, following a deadly mass shooting in Sydneys Bondi area....

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

U.S. President Donald Trump announced on Monday an ambitious proposal for the United States Navy to begin building a new class of advanced battleships, a move that could significantly reshape the future of American naval...

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...