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Mon, Aug 03, 2026 09:22 PM All times are UTC

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FxWirePro: Japanese yen falls in early Asia as industrial production data misses expectations, BOJ’s policy rate decision in focus

Oct 31, 2018 01:22 am UTC| Technicals

USD/JPY is currently trading around 113.26 marks. It made intraday high at 113.28 and low at 113.02 levels. Intraday bias remains bullish for the moment. A daily close above 113.11 will take the parity...

FxWirePro: S&P500 Daily Outlook

Oct 30, 2018 13:51 pm UTC| Technicals

Long term trend Slightly bearish Major support - 2618 (89- W EMA) SP500 declined slightly below 2618 (89 W EMA) and shown a good recovery. The index hits low of 2603 and jumped more than 60 points . The index...

FxWirePro: USD/CAD trades higher on weak crude oil , good to buy on dips

Oct 30, 2018 13:40 pm UTC| Technicals

USD/CAD is consolidating in narrow range after hitting high of 1.31592 on Friday. USD was trading high er against Canadian dollar on account positive US economic data and weak crude oil price.The pair showed a major...

FxWirePro: CHFJPY Trade Idea

Oct 30, 2018 13:26 pm UTC| Technicals

CHFJPY has halted its down trend after a sharp sell-off from 118.05 almost 600 pips. The pair hits low of 111.55 and shown a minor jump. It is currently trading around 112.53. The pair is facing major resistance...

FxWirePro: GBPUSD trades lower after minor jump shows bears are in control; long term trend line support at 1.2750 acts major support, any break below targets 1.2660

Oct 30, 2018 13:23 pm UTC| Technicals

GBPUSD recovered slightly till 1.28525 and declined almost 100 pips yesterday shows that bears are in full control. It hits 10 week low at 1.2755 and is currently trading around 1.27659. The jump in pound sterling...

FxWirePro :EUR/USD trades lower on weak Eurozone GDP data, markets eye CB Consumer confidence

Oct 30, 2018 13:21 pm UTC| Technicals

EUR/USD continuing its weakness for second consecutive days and broken below 1.13500 level. Euro-Zone GDP came at 0.2% in Q3 compared to forecast of 0.4%. The pair hits low of 1.13455 at the time of writing and is...

FxWirePro: EUR/GBP long setup for buzzing bulls on hammer formation, strangle writing as intermediate trend stuck in range

Oct 30, 2018 13:00 pm UTC| Technicals Insights & Views

EURGBP endures to grind upside after breaking pivotal resistance in the 0.8840/99 region as bulls bounce back with bullish DMA MACD crossovers. This hints us within the current medium-term range between 0.8700-0.8630...

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Economy

KOSPI Drops Nearly 5% as Samsung, SK Hynix Lead AI Stock Selloff

South Koreas benchmark KOSPI tumbled nearly 5% on Monday, extending losses after recording its worst monthly decline since the 2008 global financial crisis. Renewed selling in major semiconductor stocks erased much of...

Japanese Yen Rallies as Intervention Hopes and BOJ Outlook Weigh on USD/JPY

The Japanese yen extended its rally against the U.S. dollar on Monday, climbing nearly 1% as investors increased bets that Japanese authorities could launch another coordinated currency intervention with the United States...

Gold Prices Rise as Trump Delays Iran Strike, Oil Slumps

Gold prices edged higher on Monday after a sharp decline in oil prices eased inflation concerns, boosting demand for safe-haven assets. The rally came after U.S. President Donald Trump delayed a planned military strike...

Asian Stocks Slide as AI Selloff Hits South Korea, Oil Prices Drop on Iran Talks

Asian stock markets opened the week lower on Monday, with South Korea leading regional losses as renewed selling in artificial intelligence-related technology stocks overshadowed improving investor sentiment from easing...

US Stock Futures Rise as Trump’s Iran Talks Boost Market Sentiment Ahead of Key Earnings

U.S. stock index futures moved higher late Sunday after President Donald Trump announced that negotiations with Iran would begin on Monday, easing geopolitical concerns and lifting investor sentiment. The prospect of...

Politics

DOJ Rescinds Anti-Weaponization Fund Ahead of Todd Blanche Senate Confirmation Vote

The U.S. Justice Department has rescinded an order establishing the controversial Anti-Weaponization Fund just days before the Senate Judiciary Committee is set to consider Todd Blanches nomination for attorney general, a...

Former House Appropriations Chair Kay Granger Dies at 83

Former U.S. Representative Kay Granger, a longtime Texas Republican and the first Republican woman to chair the powerful House Appropriations Committee, has died at the age of 83, according to confirmation from her son,...

Taiwan Says U.S. Military Cooperation Is Stronger Than Many Realize

Taiwans military cooperation with the United States is stronger than many people realize, Defence Minister Wellington Koo said, highlighting expanding exchanges with the U.S. Pacific Command as Taipei works to strengthen...

Russian Border Drone Strike Kills Child in Belgorod, Injures Two Others

A Ukrainian drone strike in Russias Belgorod region killed a 13-year-old girl and injured two other children on Sunday, according to local Russian officials. The incident occurred near a playground in the border village of...

China Defends Industrial Policy Ahead of Key U.S. and EU Trade Talks

China is doubling down on its industrial-focused economic strategy as it prepares for high-stakes trade negotiations with the United States and the European Union, signaling little intention of making major policy changes...

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

Meta Cuts Wipro Outsourcing by 25% After AI-Led Restructuring

Meta Platforms has reportedly reduced the amount of IT work it outsources to Wipro Ltd by at least 25% following an artificial intelligence-driven restructuring that resulted in the closure of its digital marketing...

Alibaba Stock Jumps as Qwen 3.8-MAX AI Model Intensifies China's AI Race

Alibaba Group (HK:9988) shares climbed sharply on Monday after the company introduced Qwen 3.8-MAX, the newest version of its flagship artificial intelligence model, highlighting its growing ambitions in the rapidly...

SpaceX Earnings Preview: Bernstein Says 4 Key Factors Will Drive Long-Term Valuation

Space Exploration Technologies Corp. (NASDAQ: SPCX) is set to release its first quarterly earnings report on August 4, but Bernstein believes investors should focus less on the financial results and more on managements...

AI Data Center Boom Faces New Risks as Public Backlash and Policy Scrutiny Grow

Public opposition to large-scale data center construction is rising sharply, creating new challenges for the artificial intelligence (AI) infrastructure boom, according to Wolfe Research. The firm identified growing voter...

T-Mobile Executives Reportedly Oppose $300 Billion Deutsche Telekom Merger

Senior executives at T-Mobile US have reportedly told parent company Deutsche Telekom that they do not support a proposed $300 billion merger between the two companies, citing shareholder resistance and potential...