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EURUSD Weakens as US-Iran Ceasefire Collapses – Sell Rallies?

Jul 08, 2026 11:06 am UTC| Technicals

EURUSDpared some of its gains on escalation of geo political tension. It strikes anintraday low of 1.13961and is now trading about 1.14099.. The vulnerable US-Iran ceasefire has quickly broken after fresh US military...

AUDJPY Stuck in Tight Range – Time to Sell Rallies Toward 110?

Jul 08, 2026 10:22 am UTC| Technicals

AUDJPY has been consolidating in a narrow range between 112.81 and 112.24 for the past 3 days. It hit a high of 112.75 and is now trading close to 112.44. Technicals CMP...

NZDJPY Turns Bullish After RBNZ Pause – Buy Dips Toward 95?

Jul 08, 2026 10:17 am UTC| Technicals

NZDJPYgained sharply after the RBNZ rate pause. If the 91.80 support holds, the uptrend appears to be trending toward favorability. Technicals CMP...

FxWirePro: USD/CNY hits one week high, outlook bullish

Jul 08, 2026 06:00 am UTC| Technicals

USD/CNY hit one week high on Wednesday as the greenback strengthened on Gulf tensions while the PBOC turned defensive to defend pressure on yuan. The dollar stood tall at a week-high against most of its peers in early...

FxWirePro: AUD/USD strengthens as Aussie gains on hawkish RBA remarks

Jul 08, 2026 05:01 am UTC| Technicals

AUD/USD strengthened on Wednesday as remarks from RBAs Hunter supported Australian Dollar. Australias consumer and business sentiment has weakened following the recent oil price shock, but the economy has yet to show...

FxWirePro:USD/JPY on 162 again, volatility not ruled out

Jul 08, 2026 04:46 am UTC| Technicals

USD/JPY gained above 162 level on Wednesday as the yen weakened following fresh U.S. airstrikes on Iran in response to recent attacks on vessels transiting the Strait of Hormuz. U.S. unleashed a new wave of strikes...

FxWirePro: NZD/USD rallies after RBNZ raises rates by 25bps as expected

Jul 08, 2026 04:27 am UTC| Technicals

NZD/USD advanced on Wednesday after RBNZ lifted interest rates for the first time since mid-2023. The Reserve Bank of New Zealand raised its official cash rate 25 basis points to 2.50%, citing that while further...

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Economy

China Home Prices Fall Again in June Despite Slower Pace of Decline

Chinas new home prices continued to decline in June, highlighting the ongoing challenges facing the countrys property market despite signs that the pace of deterioration is easing. Official data released by the National...

US Inflation Expected to Ease in June, but Fed Rate Hike Risks Persist Amid Middle East Tensions

U.S. consumer inflation likely eased in June, but economists say the slowdown may provide little relief for households or significantly reduce the likelihood of another Federal Reserve interest rate hike later this year,...

South Korea’s KOSPI Enters Bear Market Despite Remaining 2026’s Best-Performing Major Stock Index

South Koreas KOSPI has entered a bear market after falling about 25% from its record high reached in late June, highlighting the sharp reversal of one of the worlds strongest equity rallies. Despite the decline, the...

Japanese Yen Holds Steady as Intervention Hopes Grow Ahead of U.S. CPI Data

The Japanese yen held steady on Tuesday as investors remained alert to the possibility of currency intervention from Tokyo, while most Asian currencies traded in narrow ranges ahead of closely watched U.S. inflation data...

China Trade Surplus Hits $125.6 Billion as June Exports, Imports Smash Forecasts

Chinas exports and imports grew far more than expected in June, highlighting the resilience of the countrys trade sector as strong global demand for artificial intelligence (AI)-related products and technology goods helped...

Politics

Trump Administration Launches AI Cybersecurity Partnership to Protect Critical Infrastructure

The Trump administration is launching a new initiative to strengthen U.S. cybersecurity by bringing together leading artificial intelligence developers and operators of critical infrastructure to identify and address...

Trump Administration Bars U.S. Travelers From Congo Flights Amid Ebola Outbreak

The Trump administration has imposed new travel restrictions on American citizens who have recently been in the Democratic Republic of Congo (DRC), preventing them from boarding commercial flights to the United States as...

Trump to Deliver National Address on 2020 Election Intelligence, Voting Machine Security

President Donald Trump is set to deliver a national address on Thursday night, outlining newly declassified intelligence related to the 2020 U.S. presidential election and discussing what the White House describes as...

Trump Says U.S. Strikes on Iran Will Continue Until Nuclear Deal Is Reached

U.S. President Donald Trump said Tuesday that the United States remains in direct contact with Iranian officials but warned that military operations against Iran will continue until Tehran agrees to a new deal, signaling...

Trump Administration Bars U.S. Travelers From Congo Flights Amid Ebola Outbreak

The Trump administration has imposed new travel restrictions on American citizens in the Democratic Republic of Congo (DRC) as the country faces a worsening Ebola outbreak, according to a White House official. Under the...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Arm Stock Falls After HSBC Downgrade, Citing Limited Near-Term AI Upside

Arm Holdings shares came under pressure after HSBC downgraded the semiconductor designer to hold from buy,arguing that the companys recent rally has already priced in much of its long-term artificial intelligence (AI)...

SK Hynix Stock Soars as AI Memory Demand Outlook Fuels Chip Rally

SK Hynix shares surged nearly 13% in Seoul on Wednesday, leading a broad rally in South Korean semiconductor stocks as easing U.S. inflation and renewed optimism over artificial intelligence (AI) memory demand boosted...

Yaskawa Electric Shares Slide as Weak Profit Overshadows Strong AI Demand

Yaskawa Electric Corp. (TYO:6506) shares extended losses for a second consecutive session on Tuesday after the Japanese robotics and factory automation company reported weaker-than-expected quarterly earnings, with...

Australia Flags Child Safety Gaps at Apple, Meta, Google Over Online Sexual Extortion

Australias online safety regulator has warned that major technology companies, including Apple, Meta, Google, Microsoft and Snap, still have significant shortcomings in tackling child sexual abuse and the rising threat of...

SoftBank Corp Partners With Sierra to Expand AI Customer Support Across Japan

SoftBank Corp (TYO:9434) announced on Tuesday a strategic partnership with AI startup Sierra to expand artificial intelligence-powered customer support services across its operations in Japan, marking another step in the...
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