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Fri, Aug 07, 2026 06:29 AM All times are UTC

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FxWirePro: EUR/CAD Trade Idea

Nov 07, 2017 07:00 am UTC| Technicals

FxWirePros Hourly Currency Strength Index Bias for EUR/CAD: Bearish FxWirePros Hourly EUR Spot Index was at -112.487 : Bearish FxWirePros Hourly CAD Spot Index was at 108.342 : Bearish Technical Studies: Bias...

FxWirePro: Chinese yuan strengthens against U.S. dollar, PBOC sets yuan mid-point at 6.6216

Nov 07, 2017 06:44 am UTC| Technicals

USD/CNY is currently trading around 6.6251 marks. It made intraday high at 6.6313 and low at 6.6203 levels. Intraday bias remains slightly bearish for the moment. A sustained close above 6.6310 marks will...

FxWirePro: GBP/JPY takes support near trend line, good to buy on dips

Nov 07, 2017 06:39 am UTC| Technicals

GBP/JPY has formed a minor top around 151.93 and shown decline from that level. The pair dipped till 148.66 and is currently trading around 150.15. The main dip in the previous week was mainly due to BOE dovish rate...

FxWirePro: AUD/USD bears resume after engulfing pattern, shooting star propels major downtrend – Tunnel spreads to leverage trade yields and short hedge

Nov 07, 2017 06:27 am UTC| Technicals Insights & Views

From last two weeks, AUDUSD trend has been drifting through non-directional mode. Bearish engulfing patterns has occurred at 0.7646 levels to signal weakness. The stiff resistance is observed at 0.7718 levels, the...

FxWirePro: AUD/USD bears resume after engulfing pattern, shooting star propels major downtrend – Tunnel spreads to leverage trade yields and short hedge

Nov 07, 2017 06:27 am UTC| Technicals Insights & Views

FxWirePro: NZD/USD finds strong support at 5-DMA at 0.6915, on track to test 20-DMA at 0.6981

Nov 07, 2017 06:20 am UTC| Technicals

NZD/USD hovers around session lows at 0.6927, caution seen ahead of GDT auction. The pair retraced dip below 0.69 handle on Monday and closed at 0.6944 levels. Kiwi boosted by New Zealand Finance Minister...

FxWirePro: Gold recovers on geopolitical concerns, good to sell on rallies

Nov 07, 2017 05:52 am UTC| Technicals

Gold has shown a good pullback yesterday on geopolitical risks and rising crude oil prices. The yellow metal jumped almost $16 on concerns over Saudi Crown Prince crackdown on corruption and arrest of number of princes and...

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Economy

Asian Stocks Mixed as Chip Selloff Hits KOSPI, Nikkei Ahead of US Jobs Data

Asian stocks traded mixed on Friday as renewed weakness in semiconductor shares weighed on South Korean and Japanese markets, while investors awaited the closely watched U.S. July nonfarm payrolls report for fresh clues on...

China Trade Surplus Beats Forecasts in July as Exports Stay Strong

Chinas trade surplus exceeded market expectations in July as exports remained resilient, although faster import growth and softer export momentum pushed the surplus lower compared with the previous month. Official...

Asian Currencies Steady as Markets Await U.S. Jobs Data

Asian currencies traded in a tight range on Friday as investors remained cautious ahead of the closely watched U.S. nonfarm payrolls report. Meanwhile, uncertainty over Iran negotiations and risks surrounding the Strait of...

US Job Growth Seen Picking Up in July

U.S. job growth likely accelerated in July, signaling continued labor market resilience and giving the Federal Reserve room to keep its attention on persistent inflation. Economists surveyed by Reuters expect nonfarm...

Canada, US Hold Constructive Trade Talks as Tariff Negotiations Continue

Canadian officials held what they described as a constructive and detailed meeting with U.S. Trade Representative Jamieson Greer in Washington, D.C., on Thursday, as Canada and the United States continue negotiations aimed...

Politics

Bezalel Smotrich Faces Election Battle as Israel’s Far-Right Vote Fractures

Israeli Finance Minister Bezalel Smotrich is facing a difficult political battle ahead of Israels October 27 election after his position on ultra-Orthodox military exemptions angered some of his traditional supporters in...

Trump Administration Weighs Executive Order on Vaccines and Autism Research

The Trump administration is considering an executive order focused on vaccines and autism research that could be announced as early as next week, Bloomberg News reported Friday, citing people familiar with the discussions....

New Zealand MMP Electoral System Faces Fresh Referendum Debate

New Zealands mixed-member proportional (MMP) electoral system is back in the spotlight after Prime Minister Christopher Luxon said he was open to holding a referendum on how the country elects its parliament. The proposal...

Trump Faces Tough Choices as Iran War Drags On

U.S. President Donald Trump is facing increasingly difficult choices as the Iran war enters its sixth month, with diplomacy and the threat of renewed military action offering uncertain paths toward ending the conflict....

US Expands Social Media Vetting to Foreign Journalists Seeking Visas

The U.S. State Department is reportedly expanding social media vetting for visa applicants to include foreign journalists seeking permission to work in the United States, marking another expansion of the 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

Nintendo Shares Jump as Switch 2 Sales Boost Earnings

Nintendo shares surged nearly 5% on Friday after the Japanese gaming giant reported stronger-than-expected first-quarter earnings and upgraded its full-year financial outlook, supported by robust demand for the new Switch...

Cloudflare Stock Jumps 15% as Earnings Beat Estimates, 2026 Outlook Raised

Cloudflare shares surged in after-hours trading Thursday after the cloud connectivity and cybersecurity company delivered stronger-than-expected quarterly results, issued upbeat third-quarter guidance and raised its...

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...