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Mon, Aug 10, 2026 04:56 AM All times are UTC

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FxWirePro: Chinese Yuan gains against U.S. dollar as CPI data meets expectations

Nov 09, 2016 07:26 am UTC| Technicals

USD/CNY is currently trading around 6.7697 marks. It made intraday high at 6.7845and low at 6.7538 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.7845 marks. On the top...

FxWirePro: NZD/USD retraces from session lows at 0.7273, retakes 0.73 handle

Nov 09, 2016 06:52 am UTC| Technicals

Increased prospects of Trump victory triggered major risk aversion across markets weighing on high-yielding currencies. NZD/USD was down around 1.6%, hit session lows at 0.7273. The pair has since recovered to...

FX Hedging Strategy Series

FxWirePro: USD/CHF tumbles to hit fresh 3-months lows, major trend drifts into sideways but bearish bias – Use mid-month futures to hedge

Nov 09, 2016 06:44 am UTC| Technicals

After bulls losing momentum in the pair yesterday at the highs of 0.9789, prices tumble today of US elections whereby Trump almost in the leading the contest. Observe a bearish engulfing candle with thebig real body to...

FxWirePro: GBP/JPY trades weak, good to sell on rallies

Nov 09, 2016 06:39 am UTC| Technicals

Major resistance -130.82 (55- day EMA) Major support 126.40 (trend line joining 125.91 and 126.12). GBP/JPYhas declined sharply from the high of 130.35 as yen rises against all major pairs as Trump leads in the...

FxWirePro: Silver hits fresh 5-week high at $18.97 mark, faces strong resistance at $19.29 mark

Nov 09, 2016 06:20 am UTC| Technicals

XAG/USD is currently trading around $18.97 marks. It made intraday high at $18.97 and low at $17.99 levels. Intraday bias remains bullish till the time pair holds immediate support at $18.72 marks. A daily...

FxWirePro: AUD/USD holds 100-DMA support at 0.7587, break below could see further drag

Nov 09, 2016 05:47 am UTC| Technicals

AUD/USD was down over 2% on the day, but has recovered from session lows at 0.7579 to currently trade around 0.7618 levels. Heightened prospects of Trump victory triggered a wave of risk aversion across markets...

FxWirePro:EUR/USD trades higher, good to buy on dips

Nov 09, 2016 05:33 am UTC| Technicals

Major resistance 1.12000 (trend line joining 1.16130 and 1.13660) . Major support 1.1178 (200- day MA) . EUR/USDbreaks major trend line resistance at 1.1200 and jumped till 1.12835 on account of Trump leading...

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Economy

Asian Stocks Rise as Weak US Jobs Data Eases Fed Rate Hike Bets

Asian stocks mostly advanced on Monday, following record highs on Wall Street as weaker-than-expected U.S. employment data reduced expectations for a Federal Reserve interest rate hike in September. Japan and South Korea...

Asian Stocks Rise as Weak US Jobs Data Eases Fed Rate Hike Fears

Asian stock markets moved higher on Monday, following record gains on Wall Street as weaker U.S. employment data reduced expectations for an imminent Federal Reserve interest rate hike. Oil prices also advanced as...

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...

Oil Prices Rise as Hormuz Reopening Remains Uncertain

Oil prices climbed on Monday as uncertainty over the reopening of the Strait of Hormuz kept supply concerns elevated, despite signs that Iran and Oman are nearing an agreement on new shipping lanes. Brent crude futures...

BOJ Signals Faster Rate Hikes as Inflation Risks Raise September Move Odds

Bank of Japan policymakers are increasingly concerned about inflation pressures, with several officials suggesting that interest rate hikes may need to come faster than financial markets currently expect, according to a...

Politics

Houthi Attack on Yemen’s Mocha Port Kills Seven, Injures 30

Seven people were killed and 30 others wounded after Houthi forces launched a large-scale drone and missile attack on Yemens Red Sea port city of Mocha, according to the Yemeni military. In a statement issued early Monday,...

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...

Joe Biden’s Prostate Cancer Has Spread Further, Hunter Biden Says

Former U.S. President Joe Bidens prostate cancer has spread beyond his bones and is causing significant pain, according to his son, Hunter Biden, who discussed his fathers health in a BBC interview. Speaking to the BBCs...

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

Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors

Sony Group and Taiwan Semiconductor Manufacturing Co. (TSMC) are reportedly preparing to invest about 1 trillion yen ($6.32 billion) in a new Japanese semiconductor venture focused on next-generation chips for image...

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...