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FxWirePro: EUR/GBP holds cloud support, euro finds fresh buying interest post German IFO data

May 25, 2020 10:05 am UTC| Technicals

EUR/GBP chart - Trading View EUR/GBP was trading 0.12% lower on the day at 0.8945 at around 09:50 GMT. The pair is extending weakness for the 3rd straight session after failure to extend gains above 0.90...

FxWirePro: USDCHF trades flat, bullishness only above 0.98025

May 25, 2020 09:46 am UTC| Technicals

Candlestick pattern-Shooting star (May 7th, 2020) Ichimoku Analysis (Daily chart) Tenken-Sen- 0.96996 Kijun-Sen- 0.96957 USDCHF is trading between 0.98027 and 0.95886 for the past 28days. The pair has...

FxWirePro: USD/DKK hits 1-week peak, struggles to break above 21-DMA

May 25, 2020 09:25 am UTC| Technicals

The Danish Krone plunged to a 1-week low as the greenback surged across the board. The dollar rallied amid growing worries about a standoff between the United States and China over civil liberties in Hong...

FxWirePro: GBPJPY Daily Outlook

May 25, 2020 08:41 am UTC| Technicals

Ichimoku Analysis (Daily Chart) Tenken-Sen- 131.24 Kijun-Sen- 132.37 GBPJPY is trading weak after forming a minor top around 132.50 previous week. It has lost more than 150 pips. The pair is struggling to...

FxWirePro: Gold Weekly Outlook

May 25, 2020 08:05 am UTC| Technicals

Ichimoku Analysis (Weekly chart) Tenken-Sen- $1728.69 Kijun-Sen- $1713.30 Gold is trading weak for 2nd consecutive week after hitting a high of $1765. The strong US dollar and slight jump US bond yield...

FxWirePro: EUR/JPY erases early gains, extends weakness ahead of German IFO Expectations Index

May 25, 2020 06:55 am UTC| Technicals

EUR/JPY chart - Trading View EUR/JPY has erased early gains and has slipped lower from session highs at 117.55 and was trading at 117.13 at around 06:35 GMT. The pair is extending weakness for the 3rd straight...

FxWirePro: NZD/USD struggles for clear direction, downside pauses at 55-EMA support

May 25, 2020 06:26 am UTC| Technicals

NZD/USD chart - Trading View NZD/USD was trading largely unchanged on the day at 0.6090 at around 05:50 GMT. The pair has paused downside after 2 straight sessions of weakness and is currently holding support at...

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Economy

Japan Earthquake Disrupts Auto and Chip Supply Chains

Japans powerful 7.1-magnitude earthquake that struck Kumamoto this week has disrupted manufacturing operations across one of the countrys most important industrial regions, raising concerns over supply chain stability for...

China PMI Contracts in July as Weak Demand and Typhoons Weigh on Economy

Chinas factory activity unexpectedly returned to contraction in July, while the countrys services sector also weakened, highlighting growing pressure on the worlds second-largest economy as soft domestic demand and...

BOJ Holds Rates at 1% as Inflation Outlook Eases, October Rate Hike Still Possible

The Bank of Japan (BOJ) kept its benchmark interest rate unchanged at 1.0% on Friday, opting to assess the economic impact of its June rate hike while maintaining a cautious stance amid Middle East tensions and continued...

Asian Stocks Rally as AI Optimism Lifts Markets; Yen Holds Gains Ahead of BOJ Decision

Asian stock markets surged on Friday, tracking a strong rebound on Wall Street as renewed confidence in artificial intelligence (AI) spending sparked a broad recovery in technology shares. South Koreas Kospi led the gains...

Gold Price Today: Gold Set for First Monthly Gain Since February Despite Friday Dip

Gold prices edged lower during Asian trading on Friday, but the precious metal remained on track to post its first monthly gain since February as investors balanced easing inflation concerns against uncertainty surrounding...

Politics

Spain Deploys Troops as Ceuta Faces Major Migrant Surge From Morocco

Spain deployed military personnel and additional police to the North African enclave of Ceuta on Thursday after thousands of migrants attempted to enter the territory from Morocco by sea and land, escalating pressure on...

HRW Accuses Russia’s Africa Corps of Deadly Airstrike on Mali Civilians

Human Rights Watch (HRW) has accused Russias Africa Corps of carrying out an indiscriminate airstrike that killed eight civilians, including three children, in central Mali, raising fresh concerns over civilian casualties...

South Korea Reviews Border Drone Incident After Troops Mistake U.S. Aircraft for Potential Threat

South Koreas military will inspect the Armys 1st Corps on Friday after troops nearly engaged what was initially believed to be an unidentified aircraft near the border with North Korea, only to later confirm it was a U.S....

Brazil Supreme Court Approves Probe Into Lula’s Son Over Health Ministry Lobbying Claims

Brazilian Supreme Court Justice Andre Mendonca has authorized federal police to investigate Fabio Luis Lula da Silva, the son of President Luiz Inacio Lula da Silva, over allegations that he improperly assisted a lobbyist...

North Korea Warns U.S. Forces Japan Expansion Raises Korea Conflict Risk

North Korea has sharply criticized the expansion of the U.S. Forces Japan (USFJ) command, warning that the possibility of armed conflict on the Korean Peninsula has become a matter of timing rather than speculation. In an...

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

Sony Raises Full-Year Outlook After Q1 Profit Jumps 40% on Gaming and Chip Growth

Sony Group (TYO: 6758) delivered a strong start to its fiscal 2026, reporting a 40% year-over-year increase in first-quarter operating profit and raising its full-year earnings outlook, fueled by robust performance in its...

Anthropic Reveals Claude AI Accessed Real Production Systems During Cybersecurity Tests

Anthropic disclosed on Thursday that its Claude artificial intelligence models gained unauthorized access to the production systems of three organizations during internal cybersecurity evaluations after a testing...

Amazon Q2 Earnings Beat Estimates as AWS AI Growth Surges, But Q3 Revenue Forecast Disappoints

Amazon exceeded Wall Street expectations for second-quarter revenue, driven by rapid growth in its cloud computing business and rising demand for artificial intelligence services. However, the companys weaker-than-expected...

Apple Q3 Earnings Beat as Record iPhone Sales Offset Services, China Weakness

Apple delivered stronger-than-expected fiscal third-quarter results, driven by record June-quarter iPhone sales that reinforced the strength of its core smartphone business. Despite the earnings beat, Apple shares fell...

Sony Eyes $1.3 Billion Tamron Acquisition as Lens Maker Reviews Offer

Tamron (TYO:7740) confirmed Thursday that it has received a non-binding acquisition proposal from Sony (TYO:6758), following reports that the potential deal could be worth approximately 200 billion yen ($1.3 billion). The...