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Tue, Aug 04, 2026 02:45 AM All times are UTC

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FxWirePro: AUD/JPY finds strong support at 55-EMA, weakness likely on break below

Oct 03, 2018 12:26 pm UTC| Technicals

AUD/JPY chart on Trading View used for analysis AUD/JPY retraces below 110.-EMA, trades 0.32% lower on the day at 81.42 at the time of writing. Aussie dented after building permits tanked in July, fell sharply,...

FxWirePro :EUR/USD trades lower on rising Italian bond yield, markets eye Italian Budget meeting

Oct 03, 2018 11:39 am UTC| Technicals

EUR/USD was trading lower after a recovery of more than 90 pips. The slight jump in Euro after Italy projected lower budget deficit of 2% in 2021. But pair once again declined after Italys Di Maio confirmed that Italy...

FxWirePro: USD/JPY consolidates gains around 88.6% Fib, Focus on US ADP and ISM services PMI for further impetus

Oct 03, 2018 11:26 am UTC| Technicals

USD/JPY chart on Trading View used for analysis Receding Italian debt fears after reports that Italy will cut its budget deficit at a faster pace than expected denting demand for the yen, pushing the pair...

FxWirePro: NZD/USD hits 3-week lows at 0.6630, kiwi extends weakness after disappointing GDT price index

Oct 03, 2018 10:18 am UTC| Technicals

NZD/USD chart on Trading View used for analysis Kiwi tracks sharp losses in its Australian counterpart, slips lower across the board. NZD/USD extends weakness below 0.66 handle, hits 3-week lows at...

FxWirePro: GBP/CAD holds strong trendline support at 1.66, break below eyes 78.6% Fib at 1.6389

Oct 03, 2018 09:23 am UTC| Technicals

GBP/CAD chart on Trading View used for analysis GBP/CAD has held support at strong trendline at 1.66 and edged higher. The British Pound holds onto modest gains post UK services PMI data. UK services PMI for...

FxWirePro: EUR/JPY holds 200-DMA support, euro bid on Italy news, Italy-Germany yield differential in focus for further direction

Oct 03, 2018 07:45 am UTC| Technicals

EUR/JPY chart on Trading View used for analysis EUR/JPY erased losses and the pair retraced brief dip below 200-DMA. Euro was buoyed on news that Italy is planning to cut its budget deficit to 2 percent in...

FxWirePro: GBP/JPY downside capped by 20- day MA, good to sell on rallies

Oct 03, 2018 06:45 am UTC| Technicals

Ichimoku Analysis (Hourly chart) Tenken-Sen - 147.64 Kijun-Sen - 147.88 GBP/JPY has shown a minor recovery after a good 250 pips sell off. The slight jump was due to good recovery in GBP especially...

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Economy

Australia Job Ads Rise in July, Signaling Strong Labor Market Despite High Interest Rates

Australian job advertisements rebounded in July, highlighting the resilience of the countrys labor market even as higher interest rates continue to weigh on economic activity. The latest private-sector data suggests...

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...

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

Vast Eyes Hong Kong IPO as Chinese AI Unicorn Gains Momentum

Chinese artificial intelligence startup Vast is reportedly exploring a potential initial public offering (IPO) in Hong Kong, signaling growing investor interest in Chinas fast-expanding AI sector. According to a Bloomberg...

Telegram Restored on Apple App Store After Temporary Removal

Telegram has confirmed that its messaging app is once again available on Apples App Store after users briefly encountered an unexpected outage that removed the app listing. The company announced on Monday that the issue...

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...

Digital Currency