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Wed, Dec 17, 2025 05:29 AM All times are UTC

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GBP/USD faces struggles to break above 1.4450, targets 1.4300

Feb 02, 2016 05:28 am UTC| Technicals

Major resistance -1.4440 (trend line joining 1.43626 and 1.44074) The pair has broken major trend line resistance yesterday but not be able to hold at higher levels. Cable has started to fall after making a high of...

FxWirePro: USD/JPY upside capped by 200-DMA at 121.47, good to sell rallies

Feb 02, 2016 05:13 am UTC| Technicals

USD/JPY is unable to extend gains above 200-DMA at 121.47 which is strong resistance on the upside. The pair is trading by days lows at 120.53, any further bullishness could be seen only if pair breaks above...

XAU/USD hovers around major resistance at $1127 levels

Feb 02, 2016 04:56 am UTC| Technicals

Pair is currently trading at $1126 levels. It made intraday high at $1130 and low at $1124 levels. If pair hold and made daily close above $1127 levels then next likely level is $1152. Alternatively,...

FxWirePro: AUD/USD fades post-RBA spike, slips below 0.71 handle, good to buy dips

Feb 02, 2016 04:14 am UTC| Technicals

AUD/USD spiked to hit days high at 0.7129 after Aussie bulls bolstered by RBAs rates-on hold decision. However, the spike was quickly sold off and the pair is now below the 0.71 handle, currently trading at...

AUD/USD intraday outlook

Feb 02, 2016 03:27 am UTC| Technicals

Pair is currently supported around $0.7100 levels. It made intraday high at $0.7115 and low at $0.7092 levels. Intraday outlook is bearish below $0.7041 levels. RBA rate decision will be out within few...

Major Asian Indices Technicals

Feb 02, 2016 02:47 am UTC| Technicals

Hang Seng: Hang Seng has once again broken major resistance 19500 and jumped till 19607 at the time of writing. It is currently trading around 19635. Short term trend is still bullish as long as support 19200...

FxWirePro: EUR/USD key resistance at 1.0940, sell deals are recommended around 1.0930

Feb 01, 2016 19:41 pm UTC| Technicals

Euro has gained some ground against dollar by reaching as high as 1.0906 levels in the late US session on the view that Federal Reserve would not be able to hike interest rates quickly as forecasted this year following...

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Economy

Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations

Japans exports to the United States rebounded in November for the first time in eight months, signaling that the impact of U.S. tariffs on the Japanese economy may be easing and strengthening expectations that the Bank of...

Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks

Economists have upgraded their forecasts for Singapores economic growth in 2025, while anticipating a moderation in momentum the following year, according to the latest survey of forecasters released by the Monetary...

RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac

The Reserve Bank of Australia (RBA) is now unlikely to cut interest rates in 2026, according to updated forecasts from Westpac, as inflation remains stubbornly elevated and insufficient to shift the central banks hawkish...

U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge

The U.S. dollar traded steadily on Wednesday, hovering close to its lowest level since early October as fresh economic data reinforced concerns about a softening labor market and uncertainty over the Federal Reserves next...

Asian Stocks Edge Higher as Tech Recovers, U.S. Economic Uncertainty Caps Gains

Most Asian stocks drifted higher on Wednesday, supported by a mild rebound in the battered technology sector, although persistent uncertainty surrounding the U.S. economy kept overall gains in check. Regional equity...

Politics

Trump Administration Moves to Keep TransAlta Coal Plant Running Amid Rising AI Power Demand

The U.S. Energy Secretary has signed an emergency order to keep a key coal-fired power unit at the TransAlta-owned Centralia Generating Station in Washington state operating through much of the winter, marking the latest...

Federal Judge Declines to Immediately Halt Trump’s $300 Million White House Ballroom Project

A federal judge in Washington signaled on Tuesday that he is unlikely to immediately stop construction of a proposed $300 million White House ballroom, dealing an early setback to preservation advocates challenging the...

European Leaders Tie Ukraine Territorial Decisions to Strong Security Guarantees

European leaders have agreed that any decisions regarding potential Ukrainian territorial concessions to Russia can only be considered once strong and credible security guarantees are firmly in place, according to a joint...

Taiwan Political Standoff Deepens as President Lai Urges Parliament to Withdraw Disputed Laws

Taiwans political crisis has intensified as President Lai Ching-te warned that the islands global credibility and economic competitiveness are at risk, urging parliament to withdraw a series of controversial laws opposed...

Trump Weighs Reclassifying Marijuana as Schedule III, Potentially Transforming U.S. Cannabis Industry

U.S. President Donald Trump said he is considering an executive order to reclassify marijuana as a less dangerous drug, a move that could significantly reshape federal cannabis policy and the broader marijuana industry. If...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy

Shares of Chinese AI chipmaker MetaX Integrated Circuits delivered a stunning market debut, soaring more than 600% above their initial public offering price as domestic investors poured into local semiconductor stocks. The...

Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates

Apple Inc. (NASDAQ: AAPL) is reportedly in early-stage discussions with Indian semiconductor companies to explore the assembly and packaging of iPhone components in India, marking a potential shift in the companys global...

Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation

Amazon.com Inc is reportedly in discussions to make a major investment in OpenAI, the creator of ChatGPT, in a potential deal that could value the artificial intelligence company at more than $500 billion, according to a...

SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market

SUPERFORTUNE, a web3 AI application incubated by Manta Network, has launched its first mobile application, expanding beyond crypto-native users into the global consumer market. The SUPERFORTUNE mobile app delivers...

iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures

iRobot, the company behind the popular Roomba robotic vacuum cleaner, has filed for Chapter 11 bankruptcy protection in the United States as it prepares to go private through an acquisition by Picea Robotics, its primary...