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Tue, Dec 16, 2025 04:06 AM All times are UTC

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FxWirePro: USD/CNY stabilises below 6.70 mark, PBOC sets yuan mid-point at 6.6946

Jul 20, 2016 06:40 am UTC| Technicals

USD/CNY is currently trading around 6.6869 marks. It made intraday high at 6.6975 and low at 6.6771 levels. Intraday bias remains neutral till the time pair holds key support at 6.6750 marks. On the top...

FxWirePro: EUR/GBP weakness only below 20-DMA at 0.8355, focus on UK jobs data

Jul 20, 2016 06:21 am UTC| Technicals

EUR/GBP extremely range bound, hovers around 0.84 levels ahead of UK data. The pair finds stiff trendline resistance at 0.8450, intraday bias neutral, weakness only below 20-DMA at 0.8355. Investors remain...

FxWirePro: Silver stable at $19.88, good to sell on rallies

Jul 20, 2016 06:05 am UTC| Technicals

XAG/USD is currently trading around $19.87 marks. It made intraday high at $19.96 and low at $19.84 levels. Intraday bias remains bearish till the time pair holds key resistance at $20.20 levels. A daily...

Gold: Sell below breakout

Jul 20, 2016 05:42 am UTC| Technicals

Major intraday resistance -$1342 (200 HMA) The yellow metal has made a high of $1338 yesterday and declined from that level. It is currently trading around $1331.67. Gold is trading in very narrow range between...

FxWirePro: NZD/USD holds major support at 0.7010, further downside only on break below

Jul 20, 2016 05:35 am UTC| Technicals

NZD/USD recovers from lows of 0.7010 hit on Tuesday, is currently trading at 0.7058. The pair finds strong trendline support at 0.7012 levels, weakness now seen only on break below. Daily price action was...

FxWirePro: USD/INR opens marginally higher at 67.15; stay bullish above 67.22

Jul 20, 2016 05:04 am UTC| Technicals

USD/INR is currently trading around 67.18 marks. It made intraday high at 67.1950 and low at 67.13 marks. Intraday bias remains bullish till the time pair holds immediate support at 67.05 marks. Key...

FxWirePro: AUD/CAD rejected at highs by 0.9789, bias lower, stay short

Jul 20, 2016 03:58 am UTC| Technicals

AUD/CAD extends decline after breaking major trendline support at 0.9823, intraday bias remains lower. 20-DMA at 0.9746 is strong support on the downside, pair has held 20-DMA support on Tuesday. Technical...

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Economy

U.S. Dollar Slips Near Two-Month Low as Markets Await Key Jobs Data and Central Bank Decisions

The U.S. dollar weakened to near a two-month low during early Asian trading on Tuesday, as investors adopted a cautious stance ahead of several high-impact economic releases, most notably the delayed U.S. employment...

Asian Stocks Slide as AI Valuation Fears and BOJ Uncertainty Weigh on Markets

Most Asian stock markets declined on Tuesday, extending recent losses as the technology sector continued to struggle under concerns about stretched artificial intelligence valuations. Investor sentiment remained fragile...

Oil Prices Slip in Asia as 2026 Supply Glut Fears and Russia-Ukraine Talks Weigh on Markets

Oil prices edged lower during Asian trading on Tuesday as investors remained focused on expectations of a global oil supply glut in 2026, while closely monitoring developments in Russia-Ukraine ceasefire negotiations. The...

Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing

Korea Zinc announced plans to invest $7.4 billion to build a large-scale critical minerals refinery in Tennessee, marking the first new U.S.-based zinc refinery since the 1970s. The project, heavily backed by the U.S....

Asian Technology and Chipmaking Stocks Slide as AI Spending Concerns Shake Markets

Asian technology and chipmaking stocks fell sharply on Monday as investor caution intensified over growing uncertainties surrounding artificial intelligence (AI) spending and its impact on future earnings. The sell-off...

Politics

Trump Weighs Reclassifying Marijuana as Schedule III, Potentially Transforming U.S. Cannabis Industry

U.S. President Donald Trump said he is considering an executive order to reclassify marijuana as a less dangerous drug, a move that could significantly reshape federal cannabis policy and the broader marijuana industry. If...

Sydney Bondi Beach Shooting Sparks Calls for Stronger Protection of Jewish Community in Australia

Israels ambassador to Australia has urged the federal government to strengthen protections for Jewish communities following a deadly mass shooting at a Hanukkah festival near Sydneys Bondi Beach. The attack, which occurred...

European Leaders Launch International Claims Commission to Compensate Ukraine for War Damage

European leaders, including Ukrainian President Volodymyr Zelenskiy, are gathering in The Hague to launch a new International Claims Commission aimed at compensating Ukraine for hundreds of billions of dollars in damage...

U.S. and Mexico Reach New Agreement to Tackle Tijuana River Sewage Crisis

The United States and Mexico have signed a new bilateral agreement aimed at addressing the long-standing Tijuana River sewage crisis, according to a statement released Monday by the U.S. Environmental Protection Agency...

Ukraine Claims First-Ever Underwater Drone Strike on Russian Missile Submarine

Ukraine said on Monday that it successfully struck and disabled a Russian missile-carrying submarine at a Black Sea naval base using underwater sea drones, marking what Kyiv described as a historic first in naval warfare....

Science

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...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures

iRobot, the company behind the popular Roomba robotic vacuum cleaner, has filed for Chapter 11 bankruptcy protection in the United States as it prepares to go private through an acquisition by Picea Robotics, its primary...

Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges

Nvidia is evaluating whether to expand production capacity for its powerful H200 artificial intelligence chips after demand from Chinese customers significantly exceeded current supply, according to multiple sources...

SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles

SpaceX has reportedly begun the early stages of preparing for a potential initial public offering (IPO), marking a significant milestone for the private aerospace company founded by Elon Musk. According to a report from...

SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation

SpaceX, the aerospace company founded by Elon Musk, has reportedly authorized an insider share sale that places its valuation at approximately $800 billion, according to a Bloomberg News report published Friday. The move...

Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand

Mizuho Securities has raised its price target on Broadcom Inc. (NASDAQ: AVGO), highlighting accelerating momentum in the companys artificial intelligence business and a rapidly expanding long-term backlog. The brokerage...