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Tue, Aug 11, 2026 05:27 AM All times are UTC

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FxWirePro: Russian rouble weakens against US dollar, stabilises above 64.00 mark

Jul 06, 2016 08:18 am UTC| Technicals

USD/RUB is currently trading around 64.61 levels. It made intraday high at 64.78 and low at 63.97 levels. Intraday bias remains bullish for the moment. A daily close below 64.00 mark will tests key supports...

FxWirePro: NZD/JPY breaks strong supports in major downtrend, wise to wait for rallies for fresh shorts – One touch binary puts to speculate

Jul 06, 2016 07:29 am UTC| Technicals

The pair rallied from 71.209 to 74.270, thats where it has struggled to hold onto the resistance exactly at 21DMA. Bears have again been active to push back southwards at that level. It has broken strong supports at...

FxWirePro: Chinese yuan touches 6.6947 against US dollar, PBOC sets yuan mid-point at 6.6857 per dollar

Jul 06, 2016 07:24 am UTC| Technicals

USD/CNY is currently trading around 6.6923 marks. It made intraday high at 6.6947 and low at 6.6770 levels. Intraday bias remains bullish till the time pair holds key support at 6.6547 levels. On the top...

FxWirePro: EUR/GBP upside pauses shy of 3-year high, scope for test of 0.88 levels

Jul 06, 2016 07:14 am UTC| Technicals

EUR/GBP pauses upside at 0.8626, near 3-year highs of 0.8652 (Aug 28th). Our previous call (http://www.econotimes.com/FxWirePro-EUR-GBP-finds-major-resistance-at-08330-levels-break-above-to-target-084-227771) has...

FxWirePro: Norwegian krone erases previous gain against euro, hovers around 9.3200 mark

Jul 06, 2016 06:22 am UTC| Technicals

EUR/NOK is currently trading at 9.3142 levels. It made intraday high at 9.3323 and low at 9.29 levels. Intraday bias remains bullish for the moment but upside likely to be limited. A daily close below key...

FxWirePro: CAD/JPY upside capped by 3 EMA, good to sell on rallies

Jul 06, 2016 06:11 am UTC| Technicals

Major resistance 78.98 (3 day EMA) Major support 76 (Jun 24th 2016 low) The pair has recovered from the low of 77.11 made today morning and jumped till 77.81 at the time of writing. It is currently trading...

FX Hedging Strategy Series

FxWirePro: NZD/CAD forms triple top, breaks support at 0.9238 – Short rallies via option tunnels

Jul 06, 2016 05:36 am UTC| Technicals

After the pair breaks below support at 0.9238, the current prices well below DMAs, 21DMA crosses-over 7DMA. Major resistance is now seen at 0.9265 (21DMA). Earlier, the pair has bounced up to 0.9307 levels (upper BB)...

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Economy

Oil Prices Rise as US-Iran Talks Stall, Inflation Risks Grow

Oil prices climbed on Tuesday as stalled U.S.-Iran peace negotiations and uncertainty over reopening the Strait of Hormuz renewed concerns about global energy supplies. Asian stock markets, meanwhile, traded cautiously as...

Singapore Raises 2026 GDP Growth Forecast to 4.5%-5.5% as AI Boom Fuels Economy

Singapore has sharply upgraded its 2026 economic growth forecast, citing stronger global artificial intelligence investment, resilient external demand and a less severe economic impact from the Middle East conflict than...

Gold Price Hits Two-Month High as Investors Await US Inflation Data

Gold prices extended their rally on Tuesday, climbing to their highest level in more than two months as strong investor demand, safe-haven buying and bullish momentum outweighed pressure from higher U.S. Treasury yields, a...

Yen Stabilizes After Intervention Slide as Australian Dollar Hits Eight-Week High

The Japanese yen steadied against the U.S. dollar on Tuesday after suffering a sharp decline in the previous session, as the impact of the recent joint U.S.-Japan currency intervention continued to fade. Meanwhile, the...

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...

Politics

Ukraine Accuses Russia of Systematic Torture of POWs and Civilian Detainees

Former Ukrainian detainees and government officials have accused Russia of widespread and systematic torture of Ukrainian prisoners of war and civilian detainees, alleging beatings, electric shocks, sexual violence and...

Houthi Attack on Yemen’s Mocha Port Kills 7, Injures 30

At least seven people were killed and 30 others wounded after Houthi forces launched a major attack on Yemens Red Sea port city of Mocha, according to the Yemeni military. The military said in a statement early Monday that...

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...

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

Anthropic Signs $9.1B AI Data Center Deal With Riot Platforms

Anthropic has reportedly signed a $9.1 billion long-term agreement with Riot Platforms (NASDAQ: RIOT) to secure large-scale AI computing capacity, marking another major investment by the Claude developer as demand for...

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...