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Sun, Jul 19, 2026 03:36 AM All times are UTC

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FxWirePro: GBP/USD maintains bullish bias with focus on 1.3600 level

Jun 02, 2025 11:39 am UTC| Technicals

GBP/USD strengthened on Monday as dollar eased due to concerns over escalating tariff tensions. The greenback began the week weaker after Trump announced on Friday plans to double steel and aluminum tariffs to 50%...

USD/CHF Plunges as Safe Havens Gain Traction

Jun 02, 2025 11:24 am UTC| Technicals

USDCHF lost its momentum as demand for safe-haven assets increased. It hit an intraday low of 0.81570 and is currently trading around 0.81782.Intraday bias appears to be bearish as long as theresistance 0.8250...

FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption

Jun 02, 2025 10:18 am UTC| Technicals

USD/CNY traded on tight range on Monday as persistent U.S.-China trade tensions kept markets on edge. Trumps late Friday move to double steel and aluminum tariffs to 50% escalated the trade war, following accusations...

Yen Strength Persists: GBP/JPY Faces Downward Pressure

Jun 02, 2025 09:18 am UTC| Technicals

GBPJPYis dropping in worth vs the Japanese Yen since the Federal Reserve in the US is expected to lower interest rates while the Bank of Japan might increase them. This increases the appeal of the yen for investors. One...

FxWirePro: USD/JPY slips as safe-haven demand rises as geopolitical and tariff tensions mount

Jun 02, 2025 06:15 am UTC| Technicals

USD/JPY slipped lower on Monday as escalating Russia-Ukraine conflict and Trumps new tariff threat drove investors to the safe-haven yen. U.S. President Trump said Friday said he plans to raise tariffs on imported...

FxWirePro: NZD/USD firms as US dollar weakens amid escalating tariff threats and geopolitical uncertainties

Jun 02, 2025 05:55 am UTC| Technicals

The NZD/USD rose higher on Monday as US dollar weakened amid escalating tariff threats and geopolitical uncertainties On Friday, Trump announced plans to raise steel and aluminum tariffs from 25% to 50%, fueling...

FxWirePro: AUD/USD attracts buying interest, 23.6% fibonacci eyed

Jun 02, 2025 05:41 am UTC| Technicals

AUD/USD edged higher on Monday as mounting global trade frictions weighed on greenback. President Trump on Friday threatened to double steel and aluminum tariffs to 50%, accusing China of breaking Geneva trade...

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Economy

ECB Expected to Hold Rates as Middle East Tensions Keep September Hike in Focus

The European Central Bank (ECB) is widely expected to leave interest rates unchanged at its July 23 policy meeting, but rising geopolitical tensions and higher oil prices are keeping the possibility of another rate hike...

KB Securities Explains Why KOSPI Is Falling Despite Strong Samsung, SK Hynix Earnings

South Korean stocks have experienced a sharp correction despite solid corporate earnings, as investors shift their attention from profit growth to financing costs and geopolitical risks, according to a report from KB...

European Earnings Season Gains Strength as Barclays Sees Broader Profit Recovery

European companies are heading into the second-quarter earnings season with improving profit momentum and a broader recovery than many of their U.S. counterparts, according to a new research note from Barclays. The bank...

Wall Street Ends Lower as AI Selloff, Iran Tensions Weigh on Tech Stocks

Wall Street closed sharply lower on Friday, ending a two-week winning streak as investors sold technology shares amid a continued pullback in the artificial intelligence (AI) sector and renewed concerns over inflation...

Brent Oil Jumps 16% for Best Week Since April as US-Iran Conflict Fuels Supply Fears

Global oil prices posted their strongest weekly gains in months on Friday as the escalating conflict between the United States and Iran heightened concerns over global crude supply and shipping disruptions through the...

Politics

Ralph Norman Launches South Carolina Senate Bid After Lindsey Graham’s Death

U.S. Representative Ralph Norman has announced his campaign for the U.S. Senate in South Carolina following the death of longtime Senator Lindsey Graham, setting up a competitive Republican primary to fill the vacant seat....

US Launches New Strikes on Iran After Deadly Attack on American Troops in Jordan

The United States launched fresh airstrikes against Iran on Saturday after two U.S. service members were killed and another was reported missing following an Iranian attack in Jordan, according to U.S. Central Command. The...

Cuban Dissident Artist Luis Manuel Otero Alcántara Arrives in US After Prison Release

Cuban dissident artist Luis Manuel Otero Alcántara has arrived in the United States after completing a five-year prison sentence in Cuba, according to U.S. Secretary of State Marco Rubio. The announcement marks a...

Trump Administration Plans Grants to Back MAGA-Aligned Initiatives Overseas

The Trump administration is reportedly preparing a new package of foreign aid grants aimed at supporting MAGA-aligned initiatives across Europe and other regions, marking a significant shift in U.S. foreign policy...

Ontario Premier Doug Ford Slams Trump Over Canada Wildfire Smoke Criticism

Ontario Premier Doug Ford has strongly criticized President Donald Trump for blaming Canadas forest management for wildfire smoke that has spread across parts of the United States, calling the remarks absolutely...

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

Samsung Electronics America to Cut 739 New Jersey Jobs as Texas Headquarters Move Advances

Samsung Electronics America (SEA) is reducing its workforce in Englewood Cliffs, New Jersey, with 739 positions affected as the company prepares to relocate its U.S. headquarters to Texas by the end of the year, according...

Nationwide Data Center Protests Highlight Growing Backlash Against AI Expansion

Opposition to the rapid expansion of AI data centers spread across the United States on Saturday as activists staged 142 protests in 42 states, marking the first coordinated nationwide demonstration against the industrys...

DeepSeek Eyes $74 Billion Valuation Ahead of Planned China IPO

Chinese artificial intelligence startup DeepSeek is preparing a new fundraising round that could value the company at approximately 500 billion yuan ($74 billion) as it moves closer to a potential initial public offering...

SpaceX Eyes Pentagon AI Deal as Cloud Pricing Strategy Pressures CoreWeave

SpaceX briefly recovered some of its losses on Friday after a Wall Street Journal report said the aerospace company is negotiating a multi-billion-dollar agreement with the Pentagon to provide artificial intelligence...

Mikron H1 2026 Sales Fall 5.9% as Automation Weakness Weighs on Profit

Swiss automation and machining systems manufacturer Mikron Group AG reported lower first-half 2026 results as weaker demand in its Automation and Machining businesses offset strong growth in its Tool division. Despite the...