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Mon, Dec 22, 2025 05:28 AM All times are UTC

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FxWirePro: EUR/JPY supported above 5-DMA, focus on Eurozone PMI data

Nov 23, 2016 07:27 am UTC| Technicals

EUR/JPY is extending a gradual grind higher, remains supported above 5-DMA currently at 117.64. The pair has been confined in a narrow range amid thin liquidity on the back of a National holiday in Japan. Focus...

GBP/JPY forms double top around 138.85, break below 137.50 targets 135.90

Nov 23, 2016 07:16 am UTC| Technicals

Major resistance- 138.85 (Sep 2nd high) Major support 137.50 (resistance turned into support) GBP/JPY has formed almost a double top around 138.85 and started to decline from that level. The pair declined till...

FxWirePro: USD/JPY trades a narrow range, finds stiff resistance at 111.35

Nov 23, 2016 06:57 am UTC| Technicals

USD/JPY has been trading a narrow range in the Asian session. Volumes also low amid a National holiday in Japan. The pair has been struggling to get past stiff resistance at 111.35 since the beginning of the...

FxWirePro: CAD/JPY hammer pattern hammers bull swings in consolidation phase with bullish SMA crossover – Double touch options as more rallies likely

Nov 23, 2016 06:45 am UTC| Technicals

On weekly terms, this pair forms hammer pattern candle at 78.718 levelwhich is bullish in nature, you could see that this hammer pattern now evidences upswings that break thestiff resistance of 78.639 and 79.816 levels,...

FxWirePro: Gold faces strong support at $1200, good to sell on rallies

Nov 23, 2016 06:33 am UTC| Technicals

Major resistance $1221.75 (7- day EMA) Major support - $1200 The yellow metal has once again declined after jumping till $1221.Gold shown a dip till $1205.90 and recovered slightly from that level. Gold...

FxWirePro: China's offshore yuan weakens past 6.92 per U.S. dollar, PBOC sets yuan mid-point at 6.8904

Nov 23, 2016 06:30 am UTC| Technicals

USD/CNY is currently trading around 6.8961 marks. It made intraday high at 6.8968 and low at 6.8880 levels. Intraday bias remains bullish till the time pair holds key support at 6.8550 marks. On the top...

FxWirePro: AUD/USD finds strong support at 0.7386, good to go long on dips

Nov 23, 2016 05:38 am UTC| Technicals

Sentiment among commodities continued to improve underpinning the resource-linked Aussie. AUD ignored weak Q3 construction work data released earlier today which adds to evidence that the economy hit a soft spot in...

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Economy

China Keeps Benchmark Lending Rates Steady as Economic Outlook Remains Cautious

China has once again kept its benchmark lending rates unchanged, extending the pause in monetary policy adjustments to a seventh consecutive month in December, in line with broad market expectations. The Peoples Bank of...

Asian Stocks Rise as Wall Street Tech Rally Lifts Markets, Yen Slumps Despite BOJ Rate Hike

Asian share markets moved higher at the start of the week, following strong tech-led gains on Wall Street, while the Japanese yen continued to weaken sharply against major currencies despite a significant interest rate...

China’s Power Market Revamp Fuels Global Boom in Energy Storage Batteries

Chinas sweeping reforms to its electricity market are rapidly transforming the economics of energy storage, driving a surge in both domestic deployment and global exports of battery technology. As international demand for...

Global Demand for Yuan Loans and Bonds Surges as China Pushes Currency Internationalization

Global investors and borrowers are increasingly turning to the Chinese yuan as lending and financing activity accelerates, driven by attractive pricing and Chinas long-term push to internationalize its currency....

Silver Prices Hit Record High as Geopolitical Tensions Fuel Safe-Haven Demand

Silver prices surged to a record high during early Asian trading on Monday, driven by escalating geopolitical tensions that boosted demand for safe-haven assets across global markets. Concerns over renewed hostilities...

Politics

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...

Niigata Set to Approve Restart of Japan’s Largest Nuclear Power Plant in Major Energy Shift

Japan is approaching a pivotal moment in its post-Fukushima energy policy as the Niigata regional assembly is expected to endorse the restart of the Kashiwazaki-Kariwa nuclear power plant, the largest nuclear facility in...

Justice Department Restores Trump Photo in Epstein Files After Review Clears Image

The U.S. Department of Justice confirmed on Sunday that a photo involving President Donald Trump, which had briefly been removed from the cache of Jeffrey Epstein-related documents, was restored after an internal review...

U.S., Europe, Ukraine Hold Productive Florida Talks on Ending Russia-Ukraine War

Senior officials from the United States, Europe, and Ukraine concluded three days of high-level talks in Florida aimed at advancing efforts to end Russias war in Ukraine, with discussions centered on aligning positions and...

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

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...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...