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Mon, Aug 10, 2026 02:31 AM All times are UTC

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FxWirePro: EUR/JPY breaks above 200-DMA, momentum studies bullish, stay long

Nov 24, 2016 05:28 am UTC| Technicals

EUR/JPY extends grind higher after breaking consolidation with rising volumes. The pair has broken above 200-DMA at 118.61, we see scope for further upside. Momentum still with the bulls, test on weekly 50-SMA at...

FxWirePro: USD/THB hits fresh 6-week high at 35.73 mark, good to buy on dips

Nov 24, 2016 04:48 am UTC| Technicals

USD/THB is currently trading around 35.70 marks. It made intraday high at 35.73 and low at 35.68 marks. Intraday bias remains bullish for the moment. On the top side key resistances are seen at 35.90, 36.05,...

FxWirePro: USD/JPY hits fresh 8-month high at 112.97, bias higher, good to buy on dips

Nov 24, 2016 04:39 am UTC| Technicals

Increased expectations of a tighter Fed rate hike path in the upcoming months boosted the USD. US bulls regained poised, DXY hit fresh 13-year highs at 101.97 levels. USD/JPY has broken major resistance zone...

FxWirePro: USD/TWD jumps above 32.00 mark, sustained close above targets 32.18

Nov 24, 2016 03:46 am UTC| Technicals

USD/TWD is currently trading around 31.93 marks. It made intraday high at 32.04 and low at 31.85 marks. Intraday bias remains bullish till the time pair holds key support at 31.77 marks. A daily close above...

FxWirePro:ASX200 faces strong resistance at 5505, good to buy on dips

Nov 24, 2016 03:32 am UTC| Technicals

Major support - 5270 (Nov 17th low). Major resistance - 5505 (Oct 11th 100- day MA). The index has made a high of 5502 and slightly declined from that level. It is currently trading around 5479. ASX200 faces...

Nikkei breaks major resistance 18300, jump till 18800 likely

Nov 24, 2016 03:09 am UTC| Technicals

Minor Support - 18060 (7- day EMA). Nikkei225 continues its up trend move and trading well above 18000 on account of weaker yen. The index breaks major resistance 18300 jumped till 18442 and is currently trading at...

FxWirePro: China’s yuan hits record low against U.S. dollar, PBOC sets yuan mid-point at 6.9085

Nov 24, 2016 02:51 am UTC| Technicals

USD/CNY is currently trading around 6.9193 marks. It made intraday high at 6.9330 and low at 6.9048 levels. Intraday bias remains bullish till the time pair holds key support at 6.87 marks. On the top side,...

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Economy

US Stock Futures Flat as Iran Strait of Hormuz Demands Fuel Oil Concerns

U.S. stock futures were largely flat Sunday night as investors assessed renewed geopolitical risks surrounding the Strait of Hormuz, with Iran setting conditions for fully reopening the critical oil shipping route. SP 500...

Japan Posts First Current Account Deficit in 17 Months as Dividend Payments Surge

Japan recorded a current account deficit in June for the first time in 17 months, as rising dividend payments to overseas investors and higher oil import costs weighed on the countrys external balance. The current account...

China Inflation Cools in July as CPI Misses Forecast, PPI Deflation Eases

Chinas consumer inflation slowed more than expected in July, while factory-gate prices remained firmly in deflationary territory, highlighting continued weakness in domestic demand despite signs of improvement in the...

Australian Shares Fall as Westpac Slides, Miners Gain Ahead of RBA Decision

Australian shares moved lower on Monday as a sharp decline in Westpac Banking Corporation weighed on the financial sector, while gains in mining stocks helped limit broader market losses ahead of the Reserve Bank of...

US Dollar Near Two-Month Low as Markets Await Inflation Data

The U.S. dollar traded near a two-month low against major currencies on Monday as investors turned their attention to upcoming U.S. inflation data for fresh signals on the Federal Reserves interest rate outlook. The euro...

Politics

Taiwan Tests Penghu Defense, Mobile Internet Limits in War Drills

Taiwans military conducted a simulated defense of the strategically important Penghu Islands on Monday as part of its annual Han Kuang military exercises, while authorities prepared to restrict mobile internet speeds in a...

Iran-Oman Hormuz Shipping Deal Nears Final Stage

Iran said Sunday that an agreement with Oman establishing new shipping lanes in the Strait of Hormuz is nearing completion, but Tehran stressed that the crucial waterway will remain closed until the United States meets...

Germany Warns of Daily Hybrid Warfare Threats

Germany is facing foreign hybrid warfare operations on a daily basis, Interior Minister Alexander Dobrindt has warned after authorities discovered an explosive-carrying drone at Leipzig/Halle Airport. Dobrindt said hostile...

ICE to Complete Nationwide Body Camera Rollout by End of August

U.S. Immigration and Customs Enforcement (ICE) will equip all officers and agents working in the field with body-worn cameras by the end of August, accelerating a nationwide rollout that was initially expected to take...

Iran-Oman Near Strait of Hormuz Deal as Shipping Tensions Persist

Iran and Oman are nearing an agreement on shipping through the Strait of Hormuz, but Tehran says a bilateral deal alone will not be enough to fully reopen the critical global energy route. Iranian Foreign Minister Abbas...

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

Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins

Nvidia (NVDA) could enter a multi-quarter growth cycle as shipments of its next-generation Vera Rubin AI chips begin, with BofA Global Research forecasting stronger-than-expected quarterly results and maintaining a bullish...

OpenAI Restricts Astra AI Over Cyberattack Risks

OpenAI has reportedly restricted parts of the development of its next-generation AI model, code-named Astra, after early evaluations indicated the system could potentially carry out sophisticated cyberattacks with limited...

Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium

Nvidia is reportedly preparing to invest as much as $3 billion in Lancium, a Blackstone-backed power infrastructure developer involved in the Stargate artificial intelligence infrastructure initiative, as demand for...

Meta Ordered to Pay $567M Over Child Safety Violations in New Mexico

Meta Platforms Inc. has been ordered to pay $567 million into a fund designed to address harm to young people, in a major legal ruling involving child safety on Facebook and Instagram. Judge Bryan Biedscheid of New Mexicos...

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...