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Thu, Jul 16, 2026 01:50 PM All times are UTC

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FxWirePro: USD/JPY approaching support level at 124.85, upside prevails in the short term

Aug 11, 2015 12:17 pm UTC| Technicals

USD/JPY is approaching to test support level at 124.85, the pair is set to advance further towards 125.30 and later 125.50 levels in the short term. Short rally around 124.60- 124.70 should be taken as advantage for...

FxWirePro: EUR/USD approaching support level at 1.1031, buy deals are recommended above 1.0990

Aug 11, 2015 12:06 pm UTC| Technicals

The pair found bullish momentum yesterday and closed above 1.1000 psychological levels , its is expected to continue its bullish momentum further in the short term. The pair is trading around 1.1034 levels and it is...

Aussie trades weak, decline till 0.7250 cannot be ruled out

Aug 11, 2015 12:03 pm UTC| Technicals

RES 4 : 0.7495 ( Jul 10th high) RES 3: 0.7450 (Jul 21st high) RES 2: 0.74275 (Aug 4th high) RES 1: 0.7370 (20 day 4 HMA) PRICE: 0.7327 @12:02 GMT SUP 1: 0.7315 (Aug 6th low) SUP 2: 0.7250...

FxWirePro: EUR/USD bounces to 1.1040, consolidating above 1.1000

Aug 11, 2015 12:01 pm UTC| Technicals

EUR/USD bounced to 1.1048 after hitting session lows at 1.0960 and is currently consolidating above 1.1000 The pair edged higher supported by good results from the ZEW Survey in Germany and the euro area Increasing...

FxWirePro: USD/JPY faces strong resistance around 125, good to buy at dips

Aug 11, 2015 11:41 am UTC| Technicals

RES 4: 127.93 (161.8% retracement of 125.85 and 120.40) RES 3: 126.88 (161.8% retracement of 124.43 and 120.45) RES 2 : 125.85 (jun 5th high) RES 1:125 PRICE: 124.91 @11:27 GMT SUP1 : 124.70 (20 day 4...

FxWirePro: GBP/CNY hits 10-month high post PBOC devaluation, good to buy on dips

Aug 11, 2015 11:27 am UTC| Technicals

The unexpected PBOCs decision to depreciate its currency has pushed GBP/CNY to 10-month high at 9.8763 levels. It currently trades at 9.8398 levels. 7 EMA and 20 DMA crossover suggests further positive move for the...

FxWirePro: EUR/GBP bounces back from lows of 0.7039

Aug 11, 2015 07:53 am UTC| Technicals

EUR/GBP bulls flexed muscles and is trading near to yesterdays close at 0.7067 levels. It faces strong support at 0.7028 levels (20 DMA)and a break below could further weaken the pair to 0.6963 levels. ZEW economic...

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Economy

IEA Warns China Rare Earth Export Curbs Could Threaten $6.5 Trillion in Global Production

Chinas planned implementation of stricter rare earth export controls could place up to $6.5 trillion in downstream production outside the country at risk, according to the International Energy Agencys (IEA) latest Global...

U.S. Imposes 25% Tariff on Select Brazilian Imports After Section 301 Trade Investigation

The United States announced on Wednesday that it will impose a 25% tariff on certain imports from Brazil after concluding a year-long Section 301 trade investigation that found several Brazilian policies unfairly...

Gold Prices Slip as Oil Rally Fuels Inflation Fears, Strengthens Dollar

Gold prices declined early Thursday as rising oil prices reignited concerns that inflation could remain persistent, reinforcing expectations that the Federal Reserve may keep interest rates elevated for longer. The...

Asian Stocks Slide as Chip Selloff Deepens Ahead of TSMC Earnings

Asian stock markets declined sharply on Thursday, led by heavy losses in South Korea, as a broad semiconductor selloff and renewed geopolitical tensions in the Middle East weighed on investor sentiment. Market participants...

Asian Currencies Hold Steady as Middle East Tensions Offset Weaker US Dollar

Asian currencies traded in tight ranges on Thursday as a weaker U.S. dollar was balanced by growing investor caution over the escalating Middle East conflict, limiting demand for risk-sensitive regional assets. Market...

Politics

Iran Warns Trump Against Striking Infrastructure, Declares Strait of Hormuz a ‘Red Line’

Iran warned on Thursday that the Strait of Hormuz remains an inviolable red line, vowing to retaliate against infrastructure across the Gulf region if U.S. President Donald Trump follows through on threats to attack...

DOJ Refuses to Release Unredacted Jeffrey Epstein Files to New Mexico Investigation

The U.S. Department of Justice (DOJ) said Wednesday it cannot legally release unredacted Jeffrey Epstein files requested by New Mexico officials, deepening a dispute over the states renewed investigation into the late...

US Restricts Commercial Flights From Congo Amid Ebola Outbreak

The United States has introduced new travel restrictions tied to the ongoing Ebola outbreak in the Democratic Republic of Congo (DRC), preventing U.S. citizens and nationals who have been in the country within the previous...

NY Times Challenges Trump Administration Subpoenas Over Air Force One Report

The New York Times has asked a federal court to block grand jury subpoenas issued to three of its journalists following their reporting on President Donald Trumps new Qatari-donated Air Force One, escalating a legal battle...

Trump Orders ICE to Resume Traffic Stops After Deadly Immigration Enforcement Incidents

U.S. President Donald Trump has ordered Immigration and Customs Enforcement (ICE) agents to resume using traffic stops during immigration enforcement operations, reversing a temporary suspension announced just a day...

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

Apple Intelligence China Approval Lifts Alibaba and Baidu Shares

Alibaba and Baidu shares rallied on Thursday after Apple secured regulatory approval to introduce its Apple Intelligence platform in China, a major step toward expanding its artificial intelligence services in one of the...

Nvidia Partners With Fanuc and Yaskawa to Accelerate AI Robotics in Japan

Nvidia is strengthening its presence in Japan through new partnerships with leading industrial automation companies, including Fanuc and Yaskawa Electric, as the chip giant pushes to accelerate the adoption of artificial...

Hyundai Takes Full Control of Boston Dynamics to Accelerate Humanoid Robot and AI Strategy

Hyundai Motor has announced plans to acquire SoftBank Groups remaining stake in Boston Dynamics, giving the South Korean automaker full ownership of the robotics company as it expands its artificial intelligence and...

Jamie Dimon Warns Anthropic's Mythos AI Poses National Security Risks

JPMorgan Chase CEO Jamie Dimon has warned that Anthropics advanced Mythos artificial intelligence model presents significant national security risks, highlighting growing concerns over the potential misuse of powerful AI...

SpaceX Stock Falls Below IPO Price as Investors Weigh Losses and Lockup Expiry

SpaceX shares fell below their initial public offering (IPO) price for the first time on Wednesday, highlighting growing investor caution as the companys early post-listing momentum continues to fade. The stock dropped...