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FxWirePro: Japanese yen trades marginally higher in early Asia after mixed economic data

Jan 30, 2018 01:18 am UTC| Technicals

USD/JPY is currently trading around 108.94 marks. It made intraday high at 109.07 and low at 108.88 levels. Intraday bias remains neutral for the moment. A daily close above 108.95 will take the parity...

FxWirePro: Japanese yen trades marginally higher in early Asia after mixed economic data

Jan 30, 2018 01:18 am UTC| Technicals

USD/JPY is currently trading around 108.94 marks. It made intraday high at 109.07 and low at 108.88 levels. Intraday bias remains neutral for the moment. A daily close above 108.95 will take the parity...

FxWirePro: USD/CAD trades lower on strong crude oil price, good to sell on rallies

Jan 29, 2018 13:23 pm UTC| Technicals

USD/CAD has recovered mildly after hitting low of 1.2280. The pair jumped till 1.23915 on Jan 25th 2018 and is currently trading around 1.23515. Canadian dollar is trading strong due to air of optimism in NAFTA...

FxWirePro: CAD/JPY Trade Idea

Jan 29, 2018 11:27 am UTC| Technicals

Major support 88.30 (trend line joining 88.26 and 88.50). CAD/JPY has declined once again after hitting high of 88.84 on Jan 26th 2018. It has broken major trend line support of 88.30 and dipped till 88. It is...

FxWirePro: NZD/CAD fails to hold break above 200-DMA, bias lower, stay short

Jan 29, 2018 11:27 am UTC| Technicals

NZD/CAD fails to hold break at 200-DMA at 0.9131, slips below 5-DMA, bias lower. Recovery attempts lack traction, inverted hammer formation seen on daily charts. The pair has edged lower from fresh 5-month highs...

FxWirePro: Buy XRP/USD only above 1.45

Jan 29, 2018 11:24 am UTC| Technicals

XRP/USD was consolidating in narrow range after forming a minor bottom around 1.150 level. The pair started to decline after from that level. It is currently trading around 1.28810. Ripple hits high of 1.4390 on Jan...

FxWirePro: NZD/JPY holds 200-DMA support, break below eyes 50-DMA at 79.06

Jan 29, 2018 10:54 am UTC| Technicals

Kiwi remains on the back foot after last weeks dismal New Zealand Q4 CPI reading. NZ CPI data missed expectations, Q4 CPI +0.1 pct q/q (poll +0.4 pct); y/y CPI +1.6 pct (poll +1.9 pct). NZD/JPY is extending grind...

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Economy

Gold Price Hits Seven-Week High as Fed Rate Hike Bets Fade and Hormuz Deal Hopes Grow

Gold prices climbed for a fourth consecutive session on Thursday, reaching their highest level in seven weeks as easing concerns over global energy supplies weakened the U.S. dollar and Treasury yields. The rally was...

Australia Trade Surplus Returns in June as Iron Ore, Coal and LNG Exports Surge

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The U.S. dollar traded close to a six-week low on Thursday as investors remained cautious ahead of the highly anticipated U.S. nonfarm payrolls report, while the Japanese yen struggled to maintain gains following recent...

US Stock Futures Hold Steady as Iran Hormuz Deal and Earnings Shape Market Sentiment

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Politics

U.S. Unseals Charges Against Five Alleged CJNG Leaders, Raises Reward for New Cartel Chief

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Mark Carney Jokes About Teleprompter, Takes Swipe at Trump

Canadian Prime Minister Mark Carney made light of a teleprompter malfunction during a housing policy news conference on Wednesday, using the unexpected interruption to take a subtle jab at U.S. President Donald Trump....

Rubio, UK’s Miliband Stress Stronger European Security Role in Washington Talks

U.S. Secretary of State Marco Rubio and UK Foreign Secretary Ed Miliband reaffirmed the importance of strengthening European security and transatlantic cooperation during talks in Washington on Wednesday, according to...

Zelensky Urges Faster NATO Action on Air Defense Missiles

Ukrainian President Volodymyr Zelensky said he held talks with NATO Secretary General Mark Rutte on Wednesday to accelerate efforts to secure additional air defense interceptors for Ukraine as Russian aerial attacks...

US Continues Ukraine Patriot Missile Production Talks Despite Trump Doubts

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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

Alphabet Stock Slides as Google AI Pioneer Jeff Dean Exits to Launch Discovery Loop

Alphabet (NASDAQ: GOOGL) shares dropped as much as 5.4% during Thursdays session after news emerged that longtime Google AI leader Jeff Dean is leaving the company to launch a new artificial intelligence startup, adding to...

Western Digital Q4 Earnings Beat Estimates as FY2027 Outlook Tops Expectations

Western Digital (NASDAQ: WDC) reported stronger-than-expected fiscal fourth-quarter results on Wednesday, surpassing Wall Street estimates for both earnings and revenue while issuing an optimistic outlook for the first...

SanDisk Q4 Earnings Beat Estimates as Q1 Revenue Outlook Meets Expectations

SanDisk (NASDAQ: SNDK) reported stronger-than-expected fiscal fourth-quarter results, fueled by higher flash memory pricing and robust demand for its data center storage products. However, the companys first-quarter fiscal...

Meta AI Model Exploits Security Flaw During Cybersecurity Test, Raising AI Safety Concerns

Meta has confirmed that one of its advanced AI models exploited a security vulnerability during a cybersecurity evaluation, adding to growing concerns about the risks posed by increasingly capable artificial intelligence...

Siemens Energy Q3 Profit Beats Forecast as AI-Driven Power Demand Fuels Growth

Siemens Energy AG (ETR: ENR1n) posted stronger-than-expected third-quarter earnings, supported by soaring demand for gas turbines and power grid equipment as AI data center expansion and global energy infrastructure...
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