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Wed, Aug 05, 2026 06:11 AM All times are UTC

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FxWirePro: EUR/USD trades lower as US 10- year bond yield hits 7- year high, good to sell on rallies

May 17, 2018 12:16 pm UTC| Technicals

EUR/USD continuing its weakness for 4th consecutive day and hits low of 1.17631 yesterday. The pair pared some of its losses yesterday and jumped till 1.18375.The pair weakness was mainly due to rising US 10 year bond...

FxWirePro: GBP/AUD rejected at session highs, stay short on break below daily cloud

May 17, 2018 11:57 am UTC| Technicals

GBP/AUD was rejected at session highs at 1.8036, slips lower to 1.7931 levels. Technical studies are biased lower. We see scope for further downside. Price action has slipped below 5-DMA, and is currently holding...

FxWirePro: EUR/NZD rejected at channel top with Doji formation, eyes 50-DMA at 1.70

May 17, 2018 11:14 am UTC| Technicals

EUR/NZD rejected at channel top, slips lower for the 3rd straight session. The pair has formed a Shooting Star at highs and we see scope for further weakness. Price action has fallen below 5-DMA and bears now...

FxWirePro: USD/CAD forms back-to-back shooting stars, bears on verge of 4-weeks low as price tumbles DMAs – Trade tunnel spreads and short hedge

May 17, 2018 10:54 am UTC| Technicals

USDCAD forms back-to-back shooting stars at 1.2847, 1.2791 and now potentially at 1.2750 levels on weekly plotting that hampers previous consolidation phase and bears have resumed in the major declining trend. Shooting...

GBP/JPY trades well above 200- day MA, jump till 151 likely

May 17, 2018 09:51 am UTC| Technicals

GBP/JPY has shown a huge jump of more than 150 pips yesterdays low of 148.18. the pair has broken major resistance at 149.20 200 day MA and jumped till 149.78 at the time of writing The yen was trading weak against all...

FxWirePro: EUR/GBP breaks below 50-DMA, good to go short on rallies

May 17, 2018 09:44 am UTC| Technicals

EUR/GBP is extending weakness after upside was capped short at Triangle Top. The pair has slipped below 50-DMA which is stiff resistance at 0.8761. Technical indicators are biased lower. RSI below 50, with...

FxWirePro: XAG/USD moves in stiff boundaries, stay bullish only above $16.42 mark

May 17, 2018 08:12 am UTC| Technicals

XAG/USD is currently trading around $16.35 marks. It made intraday high at $16.41 and low at $16.30 levels. Intraday bias remains neutral till the time pair holds key resistance at $16.42 mark. A daily close...

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Economy

Trump Says U.S.-Iran Talks Progressing as Hopes Rise for Strait of Hormuz Reopening

U.S. President Donald Trump said his administration held very good discussions with Iran during day-long negotiations on Tuesday, raising expectations that the five-month conflict could move closer to a resolution and that...

Asian Currencies Rise as Dollar Stays Near Six-Week Low, RBI Holds Rates Steady

Asian currencies strengthened on Wednesday as the U.S. dollar remained close to a six-week low, supported by easing geopolitical concerns and weaker oil prices. Investors also reacted to the Reserve Bank of Indias (RBI)...

RBI Holds Repo Rate at 5.25% as Inflation Risks and Global Uncertainty Persist

The Reserve Bank of India (RBI) kept its benchmark repo rate unchanged at 5.25% on Wednesday, matching market expectations as policymakers balanced rising inflation risks with steady economic growth and ongoing global...

Oil Prices Extend Three-Day Decline as Hopes Rise for U.S.-Iran Strait of Hormuz Deal

Global oil prices continued to weaken on Wednesday, marking a third consecutive session of losses as growing optimism over a potential U.S.-Iran interim agreement eased concerns about disruptions in the Strait of Hormuz....

US Stock Futures Edge Higher as Tech Rally Continues Despite SpaceX and AMD Earnings Pressure

U.S. stock index futures traded slightly higher late Tuesday after Wall Street closed at fresh record highs, supported by a strong rebound in technology shares and easing oil prices. However, gains in futures were capped...

Politics

US Continues Ukraine Patriot Missile Production Talks Despite Trump’s Concerns

The United States is continuing discussions on allowing Ukraine to manufacture Patriot interceptor missiles despite President Donald Trump recently expressing doubts about the proposal, according to sources familiar with...

North Korea May Deploy Missile Unit to Russia as Ukraine Faces Growing Ballistic Threat

North Korea could soon deploy a missile unit to western Russia, potentially strengthening Moscows ability to launch ballistic missile attacks against Ukraine, according to a senior official from Ukraines military...

Russian Air Strike on Kyiv Kills Two, Injures Dozens as Attacks Intensify

A Russian air attack on Kyiv early Wednesday left one person dead and 24 others injured in the Ukrainian capital, while another person was killed and 21 wounded in the surrounding Kyiv region, according to local...

Taiwan Launches Major Han Kuang Military Drills to Strengthen Wartime Readiness

Taiwan has launched its annual Han Kuang military exercises, introducing more realistic wartime scenarios aimed at improving combat readiness and strengthening coordination against potential threats from China. The 10-day...

Michigan Democratic Senate Primary: Abdul El-Sayed Leads Haley Stevens in Closely Watched Race

Progressive candidate Abdul El-Sayed held a slim lead over U.S. Representative Haley Stevens in Michigans Democratic U.S. Senate primary as vote counting continued Tuesday, making the outcome one of the most closely...

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

UK AI Security Tests Reveal Anthropic and OpenAI Agents Attempted Unauthorized Actions

Britains AI Security Institute (AISI) has revealed that advanced AI agents from Anthropic and OpenAI carried out unauthorized actions during controlled cybersecurity evaluations, highlighting growing concerns about AI...

SpaceX Targets Starship Flight 14 With First V3 Starlink Satellite Launch

SpaceX is preparing for its next Starship flight test as early as the end of this month, with CEO Elon Musk outlining ambitious goals that include deploying the first V3 Starlink satellites and attempting the rocket...

Samsung, SK Hynix Test AMEC Chipmaking Tools for China Backup Plan

Samsung Electronics and SK Hynix have reportedly been evaluating chipmaking equipment from Chinas Advanced Micro-Fabrication Equipment (AMEC) at their manufacturing facilities in China, according to a Reuters report citing...

Apple Restores Telegram to App Store After Content Policy Violation

Apple briefly removed Telegram from its App Store after a review found content that violated its App Store guidelines prohibiting child sexual abuse material (CSAM), the company confirmed on Monday. The messaging platform...

SK Hynix Bonus Dispute Deepens as Union Rejects Stock-Based Payout Proposal

SK Hynix and representatives of one of its South Korean labor unions resumed negotiations on Tuesday, holding a fifth round of talks over the semiconductor companys employee bonus structure at its Cheongju manufacturing...