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Mon, Dec 22, 2025 11:50 AM All times are UTC

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GBP/CAD breaks major trend line support , targets 1.6350

Dec 09, 2016 09:08 am UTC| Technicals

Major support - 1.6650 (trend line joining 1.6568 and 1.66142) GBP/CAD has broken major support 1.6650 and declined sharply till 1.6566 at the time of writing. It is currently trading around 1.6600. On the lower...

FxWirePro: South Korean won largely muted after President Park's impeached vote

Dec 09, 2016 08:44 am UTC| Technicals

South Koreas Parliament voted on Friday to impeach President Park Geun-hye following weeks of damaging disclosures in a corruption scandal. Her powers will now be suspended as the Constitutional Court considers...

FxWirePro: USD/CHF faces strong resistance at 1.0205, good to buy on dips

Dec 09, 2016 07:39 am UTC| Technicals

Major resistance 1.02048 (Nov 30th high). Major support 1.0000 (100% projection of 1.0248 and 1.00672 from 1.01817). The greenback has renewed buying interest after declining till taking support near...

FxWirePro: EUR/JPY fails to clear major resistance at 122.40, on track to test 200-DMA, short rallies

Dec 09, 2016 07:25 am UTC| Technicals

EUR/JPY attempts tepid recovery after Thursdays slump, but upside lacks traction. The pair has slipped below 5-DMA after ECB held rates at policy meeting on Thursday, traders reacted negatively to the ECBs dovish...

FxWirePro: South African rand weakens against U.S. dollar, faces strong resistance at 13.82

Dec 09, 2016 07:25 am UTC| Technicals

USD/ZAR is currently trading around 13.72 levels. It made intraday high at 13.73 and low at 13.62 levels. Intraday bias remains neutral till the time pair holds key resistance at 13.82 marks. A daily...

FxWirePro: Don’t get bear trapped in GBP/JPY, rallies likely to drag upto 150 upon bullish SMA crossover – Double touch binaries for speculation

Dec 09, 2016 07:07 am UTC| Technicals

Shooting star appears at 143.597 levels, bullish momentum is reduced, as result, bearish swings slide below 7DMA but testing support at 142.555 levels (see daily charts). On the contrary, more rallies seemlikely upon...

FxWirePro: AUD/JPY higher on upbeat China CPI data, finds major resistance at 85.60

Dec 09, 2016 06:47 am UTC| Technicals

AUD/JPY spikes on upbeat China CPI data, up 0.46 percent on the day. The pair has broken major trendline resistance at 85.20 and edged higher to currently trade at 85.47. Major resistance is seen at 85.60 (weekly...

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Economy

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

Platinum prices surged sharply at the start of the week, rallying more than 4.6% on Monday to break above the $2,000 per ounce level for the first time since 2008. The move marks a 17-year high for the precious metal and...

U.S. Dollar Slips as Yen Finds Support on Intervention Signals and Geopolitical Risks Rise

The U.S. dollar edged lower on Monday after posting modest gains last week, as cautious market sentiment and rising geopolitical tensions weighed on risk appetite. Currency markets remained largely subdued in Asia, showing...

Why U.S. Coffee Prices Are Staying High Despite Trump’s Tariff Rollbacks

U.S. coffee drinkers hoping for cheaper coffee after President Donald Trump rolled back key import tariffs are likely to be disappointed. While the tariff reductions removed duties on hundreds of food items, including...

UK Economy Grows 0.1% in Q3 2025 as Outlook Remains Fragile

The British economy recorded modest growth in the third quarter of 2025, expanding by 0.1% between July and September, according to the latest confirmation from the Office for National Statistics (ONS). The final GDP...

German Exports to the U.S. Decline Sharply as Tariffs Reshape Trade in 2025

German exports to the United States recorded a significant downturn in 2025, underscoring the lasting impact of U.S. trade policies on Europes largest economy. According to a study cited by Reuters, German car exports to...

Politics

Kremlin Rejects U.S. Intelligence Claims on Putin’s Alleged Plans to Expand War Beyond Ukraine's

The Kremlin has firmly rejected claims attributed to U.S. intelligence suggesting that Russian President Vladimir Putin intends to seize all of Ukraine and potentially reclaim parts of Europe that were once under Soviet...

Trump Appoints Louisiana Governor Jeff Landry as Special Envoy to Greenland

U.S. President Donald Trump announced on Sunday that Louisiana Governor Jeff Landry has been appointed as a special envoy to Greenland, a move that has reignited global attention on the strategic Arctic territory and its...

ASEAN Pushes to Revive Thailand–Cambodia Ceasefire as Border Conflict Intensifies

Southeast Asian foreign ministers convened in Malaysia on Monday in a renewed diplomatic effort to restore a fragile ceasefire between Thailand and Cambodia after nearly two weeks of intense border fighting. The conflict,...

NSW Parliament Recalled After Bondi Beach Shooting to Debate Stricter Gun Laws and Protest Limits

Australias New South Wales state parliament was recalled on Monday for an urgent two-day session to debate proposed new laws that would significantly tighten firearm ownership, ban the public display of terror symbols, and...

U.S. Coast Guard Pursues Sanctioned Oil Tanker Near Venezuela Amid Rising Geopolitical Tensions

The U.S. Coast Guard is actively pursuing a sanctioned oil tanker in international waters near Venezuela, according to U.S. officials cited by Reuters, marking what could become the third such operation in less than two...

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

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...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...