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Thu, Aug 06, 2026 04:50 PM All times are UTC

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FxWirePro: GBP/USD slightly weak after UK CPI data, good to buy on dips

Jan 16, 2018 10:53 am UTC| Technicals

GBP/USD has jumped sharply almost 360 pips from the minor bottom of 1.3450. The pair breaks 1.3800 for the first time since Brexit vote. The main reason for jump is that broad weakness of US dollar and hopes of soft:...

FxWirePro: USD/JPY recovery capped at 5-DMA, bias lower, stay short

Jan 16, 2018 10:26 am UTC| Technicals

USD/JPY snapped 6-consecutive days of losing streak and edged higher. However, recovery attempts failed shy of 111 handle, the pair slipped lower to currently trade at 110.69. Upside remains capped at 5-DMA at...

FxWirePro: GBP/JPY forms shooting star pattern, good to sell on rallies

Jan 16, 2018 09:17 am UTC| Technicals

GBP/JPY has declined sharply after making a high of 153.09 at the time of writing. The pair declined till 152.34 and is currently trading around 152.49. Intraday bias is bearish as long as resistance 153.10 holds. The...

FxWirePro: USD/CHF Bullish Pattern

Jan 16, 2018 08:49 am UTC| Technicals

Harmonic pattern Bullish AB= CD pattern. USD/CHF has declined sharply till 0.96030 and shown a minor jump from that level. The pair declined almost 250 pips from the temporary top at 0.9845. It has recovered till...

FxWirePro: BTC/EUR breaks below daily cloud, eyes 100-DMA at 8933, good to short rallies

Jan 16, 2018 08:48 am UTC| Technicals Digital Currency

BTC/EUR has shown a decisive break below daily Ichimoku cloud, bias lower. Momentum studies are bearish, Stochs are sharply lower. But are approaching oversold levels so caution advised. RSI weak below 50 levels...

FxWirePro: USD/ZAR moves in stiff boundaries, stay bullish only above 12.45 mark

Jan 16, 2018 07:52 am UTC| Technicals

USD/ZAR is currently trading around 12.34 levels. It made intraday high at 12.34 and low at 12.28 levels. Intraday bias remains neutral for the moment. A daily close above 12.45 will take the parity...

FxWirePro: AUD/NZD rejected at 200-DMA support, good to go long on break above 20-DMA at 1.0960

Jan 16, 2018 07:48 am UTC| Technicals

AUD/NZD is extending upside for 3rd successive session, trade 0.24% higher on the day. The pair was rejected at 200-DMA support on Fridays trade. Price action has edged above 5-DMA which is now support at...

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Economy

Asian Stocks Slide as Semiconductor Selloff Weighs on South Korea and Japan

Asian stock markets retreated on Thursday, led by sharp declines in South Korea and Japan as renewed selling in semiconductor stocks erased part of the previous sessions AI-driven gains. Investors turned cautious after...

Asian Currencies Hold Steady as US Dollar Nears Seven-Week Low Ahead of Key Jobs Data

Asian currencies traded in a narrow range on Thursday as the U.S. dollar hovered near a seven-week low, with investors closely watching Middle East diplomatic developments and upcoming U.S. labor market data for clues on...

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

Australias trade balance returned to a larger-than-expected surplus in June, driven by strong exports of iron ore, coal, liquefied natural gas (LNG), and non-monetary gold, according to data released Thursday by the...

Singapore Says One-Third of U.S. Exports Hit by New 12.5% Tariff

Singapore said around one-third of its exports to the United States will be affected by a new 12.5% U.S. tariff introduced on July 24, with Trade Minister Gan Kim Yong estimating the impacted shipments at S$9.5 billion...

Politics

Russia Intensifies Drone and Bomb Attacks on Ukraine’s Zaporizhzhia, Deepening Civilian Fear

Russia has intensified its aerial assault on the southeastern Ukrainian city of Zaporizhzhia, leaving residents facing growing danger as drone and glide bomb attacks become more frequent. The escalating strikes have...

Russian Strikes Kill Six in Eastern and Northern Ukraine, Dozens Injured

Russian attacks across several regions of Ukraine killed at least six people and injured dozens overnight, as rescue teams continued emergency operations on Thursday, according to Ukrainian authorities. In the eastern city...

Abdul El-Sayed Wins Michigan Democratic Senate Primary, Sets Up Key Midterm Showdown

Abdul El-Sayed secured the Democratic nomination for Michigans U.S. Senate race, positioning himself for a closely watched general election against Republican Mike Rogers in November. The victory marks a significant moment...

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

The U.S. Justice Department has unsealed criminal charges against five alleged senior members of Mexicos Jalisco New Generation Cartel (CJNG), intensifying Washingtons crackdown on one of the worlds most powerful drug...

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....

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

SoftBank Q1 Profit Beats Forecast as Intel Rally and OpenAI Investments Boost Returns

SoftBank Group (TYO: 9984) reported a stronger-than-expected fiscal first-quarter profit despite higher operating and financing costs, supported by massive investment gains from Intel and its Vision Fund portfolio. For the...

DeepSeek to Raise AI API Prices as Demand for New Models Surges

Chinese artificial intelligence startup DeepSeek has announced plans to significantly increase the pricing of its API services as demand for its latest AI models continues to grow. The company revealed the upcoming change...

SK Hynix, Samsung Lead Asian Chip Stock Selloff After Sandisk, Western Digital Outlook

Shares of SK Hynix and Samsung Electronics tumbled on Thursday, leading a broad decline in Asian memory chip stocks after earnings guidance from Sandisk and Western Digital failed to meet investors high expectations. SK...

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...