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Tue, Aug 11, 2026 01:30 AM All times are UTC

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FxWirePro: NZD/USD holds above 0.70 handle, intraday bias lower

Jul 27, 2016 07:43 am UTC| Technicals

Overnight recovery in the pair lost legs just shy of 10-DMA barrier at 0.7082. Our previous call (http://www.econotimes.com/FxWirePro-NZD-USD-hovers-around-070-handle-intraday-bias-higher-240368) has achieved all...

FxWirePro: USD/CAD faces strong trend line support at 1.3150, good to buy at dips

Jul 27, 2016 07:20 am UTC| Technicals

Major support 1.3150 (trend line joining 1.29267 and 1.30240) The pair has taken support near 90 H EMA and jumped from that level. It is currently trading around 1.31975. On the lower side support is at 1.3150...

FxWirePro: USD/CNY steady around 6.6700 mark, PBOC sets yuan mid-point at 6.6671

Jul 27, 2016 07:18 am UTC| Technicals

USD/CNY is currently trading around 6.6709 marks. It made intraday high at 6.6729 and low at 6.6675 levels. Intraday bias remains neutral till the time pair holds key support at 6.6680 marks. On the top...

USD/CHF trades well above 0.9900, targets 1.000/1.0090

Jul 27, 2016 06:57 am UTC| Technicals

Major support 0.9850 (200 day MA) The pair has broken major resistance 0.9905 and closed well above that level..It is currently trading around 0.99223. The pair has made a high of 0.99277 yesterday and closed at...

FxWirePro: USD/TWD hits fresh weekly low at 31.98, faces strong support at 31.87

Jul 27, 2016 06:31 am UTC| Technicals

USD/TWD is currently trading around 32.02 mark. It made intraday high at 32.12 and low at 31.98 marks. Intraday bias remains bearish till the time pair holds key resistance at 32.19 marks. A sustain close...

Gold: Trade setup (Buy above 200 HMA)

Jul 27, 2016 05:52 am UTC| Technicals

Major resistance - $1325 (200 HMA) The yellow metal has made a high of $1324.36 yesterday and slightly declined from that level. It is currently trading around $1319.29. Any short term weakness can be seen only...

FxWirePro: USD/ZAR almost flat above 14.30, bias remains neutral

Jul 27, 2016 05:51 am UTC| Technicals

USD/ZAR is currently trading around 14.34 levels. It made intraday high at 14.38 and low at 14.32 levels. Intraday bias remains neutral for the moment. A daily close above 14.46 will take the parity higher...

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Economy

Singapore Raises 2026 GDP Growth Forecast as AI Demand Fuels Economy

Singapores economy delivered stronger-than-expected growth in the second quarter of 2026, prompting the government to significantly raise its full-year GDP forecast as booming global demand for artificial...

England Drought Expands to 71% as Heatwave Deepens Water Crisis

Nearly three-quarters of England is now experiencing drought conditions as prolonged heat and exceptionally low rainfall put increasing pressure on water supplies, agriculture and wildlife, the British government said...

Gold Prices Rise as Fed Rate Hike Bets Ease

Gold prices extended their strong rally on Monday as weak U.S. employment data reduced expectations for further Federal Reserve interest rate hikes, while investors turned their attention to upcoming U.S. inflation...

S&P 500, Nasdaq Slip as Oil Jumps on Iran Tensions

U.S. stocks ended Monday slightly lower as renewed uncertainty over the Middle East conflict pushed oil prices higher and weighed on technology shares. The SP 500 and Nasdaq Composite declined as investors grew less...

Wall Street Slips as Oil Prices Surge 5% on Iran-Hormuz Uncertainty

Wall Street stocks edged lower on Monday while oil prices jumped about 5% as investors weighed Federal Reserve interest rate expectations and uncertainty surrounding negotiations to reopen the Strait of Hormuz. The Dow...

Politics

Trump Media Says Truth API Draws 10+ Customers as Conflict Concerns Grow

Trump Media Technology Group said Monday that more than 10 customers have signed up for its upcoming Truth API, a real-time data service designed to provide rapid access to posts from prominent Truth Social accounts,...

Trump Secretly Switched Planes in Turkey After Iran Threat, Report Says

U.S. President Donald Trump secretly switched to a smaller military aircraft while leaving Turkey last month due to a potential Iranian security threat, according to a Washington Post report published Monday. Trump had...

FCC Steps Up China Tech Crackdown as Beijing Pushes Back

The U.S. Federal Communications Commission (FCC) has emerged as a key force in the Trump administrations technology and national security strategy toward China, expanding its role far beyond traditional oversight of...

North Korea Slams Japan’s 2026 Defense White Paper

North Korea has sharply criticized Japans 2026 Defense White Paper, accusing Tokyo of using concerns over Pyongyangs military activities to justify an expanding arms buildup and a more assertive defense posture. In a...

Russian Missile Attack on Kyiv Sparks Fires in City Centre

Russian forces launched a missile attack on Kyiv early Tuesday, triggering explosions and fires in the centre of the Ukrainian capital, according to local officials and witnesses. Kyivs military administration reported...

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 Secures $500 Billion AI Infrastructure Push With Wall Street Giants

Nvidia is expanding its influence beyond semiconductors after announcing agreements aimed at mobilizing up to $500 billion in third-party capital for artificial intelligence infrastructure. The move brings the AI chip...

SEC Clears Path for Data Center Securitizations as AI Financing Demand Surges

The U.S. Securities and Exchange Commission (SEC) has provided regulatory clarification that could make it easier for data center owners and operators to access capital markets as the artificial intelligence boom drives...

Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks Amid AI Supply Crunch

Apple Inc. (NASDAQ: AAPL) is reportedly testing memory chips from Chinese semiconductor manufacturer CXMT Corp as the rapid expansion of artificial intelligence infrastructure puts increasing pressure on global memory...

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...