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GBP/JPY Plummets: Yen Strength Dominates, Bearish Trend Confirmed

May 15, 2025 08:33 am UTC| Technicals

GBP/JPYdeclined sharply on board-based yen buying..It hit a high of 196.41 yesterday and is currently trading around 193.68. Intraday trend is bearish as long as resistance 195 holds. The GBP/JPY pair is trading below...

FxWirePro: GBP/USD moved higher on the back of upbeat UK GDP data

May 15, 2025 07:55 am UTC| Technicals

GBP/USD strengthened on Thursday after data showed the British economy grew faster than expected in March. UK economy grew faster than expected in early 2025, boosting finance minister Rachel Reeves, but challenges...

FxWirePro: USD/CNY downside pressure builds, key support level in focus

May 15, 2025 06:53 am UTC| Technicals

USD/CNY eased on Thursday as dollar dipped as trader looked upcoming U.S. data and Fed Powell speech later in the day. The upcoming US data including the Producer Price Index (PPI), Jobless Claims, and Retail Sales,...

FxWirePro: USD/JPY dips amid dollar weakness, market await top-tier U.S. data

May 15, 2025 06:16 am UTC| Technicals

USD/JPY dipped on Thursday as the dollar weakened ahead key U.S. data and Fed Chair Powells speech. Focus is on several key upcoming economic reports scheduled for Thursday, including the U.S. Producer Price Index...

FxWirePro: NZD/USD runs out of steam but maintains bullish outlook

May 15, 2025 04:56 am UTC| Technicals

NZD/USD edged lower on Thursday as investors looked for clarity on potential trade deals amid easing US-China tensions . Progress on a trade deal between the U.S. and China gave markets some reason to cheer, the lack...

FxWirePro:AUD/USD firms as Australia’s Jobs data beats forecasts

May 15, 2025 04:28 am UTC| Technicals

Australian dollar advanced on Thursday as better-than-expected Australian jobs data bolstered case for a more hawkish outlook from RBA. Australian employment surged past expectations in April, easing the case for more...

FxWirePro : EUR/NZD holds ground ahead of market catalysts

May 14, 2025 20:59 pm UTC| Technicals

EUR/NZD strengthened on Wednesday as euro attracted bid ahead of key Euro Zone data. On the data front, Germanys Wholesale Price Index is due on Thursday, offering clues on producer-level inflation and overall price...

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Economy

Japan PM Sanae Takaichi Unveils Growth Plan as BOJ Independence Concerns Lift Bond Yields

Japanese Prime Minister Sanae Takaichi unveiled her first economic policy blueprint on Tuesday, pledging to increase investment in strategic growth sectors while reaffirming cooperation with the Bank of Japan (BOJ)....

Asian Currencies Hold Steady as Middle East Tensions Boost US Dollar, Oil Concerns

Asian currencies traded in a narrow range on Tuesday as investors remained cautious over escalating conflict in the Middle East, supporting the U.S. dollar while rising oil prices pressured currencies across the regions...

US Dollar Holds Near One-Week High as Middle East Tensions and Oil Prices Drive Market Sentiment

The U.S. dollar remained close to a one-week high on Tuesday as investors balanced escalating geopolitical tensions in the Middle East against growing hopes for a potential ceasefire. Currency markets stayed cautious as...

Gold Climbs Above $4,000 as Middle East Tensions and Fed Outlook Drive Safe-Haven Demand

Gold prices moved higher on Monday, climbing back above the key $4,000-per-ounce level as investors balanced rising geopolitical tensions in the Middle East with expectations for the U.S. Federal Reserves next policy...

Asian Stocks Rise as Oil Retreats on Iran Ceasefire Hopes Ahead of Key AI Earnings

Asian stock markets advanced on Tuesday as easing oil prices and renewed hopes for a ceasefire between Iran and the United States improved investor sentiment, although caution remained ahead of major technology earnings...

Politics

Civil Rights Groups Sue Trump Administration Over Childcare Funding Freeze and Influencer's Role

Civil rights organizations have filed a lawsuit against President Donald Trumps administration, challenging its attempt to restrict billions of dollars in federal childcare and family assistance funding while seeking...

ASEAN Summit Faces Pressure as U.S.-Iran Conflict, South China Sea Tensions Dominate Agenda

Foreign ministers from the Association of Southeast Asian Nations (ASEAN) and key global partners are meeting in Manila this week as rising geopolitical tensions threaten to overshadow the regional diplomatic agenda. The...

China Conducts Live-Fire Naval Drill Near Japan’s Okinotori Island Amid Joint Operation With Russia

China conducted a live-fire naval exercise near Japans remote Okinotori Island over the weekend while operating alongside Russian warships, marking another sign of expanding military cooperation between Beijing and Moscow...

Trump Administration Weighs Ending Support for UN Refugee Agency UNHCR

The Trump administration has recently considered ending U.S. engagement with the United Nations refugee agency (UNHCR), according to multiple Reuters sources, raising concerns about the future of one of the worlds largest...

Trump Says Talks With UK PM Andy Burnham Went Well, Signals Meeting Soon

U.S. President Donald Trump said he held a very good conversation with newly appointed British Prime Minister Andy Burnham on Monday, describing the call as productive and confirming that the two leaders plan to meet in...

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 Reveals 9.3% Stake in AI Cloud Firm Nebius Following $2 Billion Investment

Nvidia has disclosed that it holds a 9.3% stake in AI cloud infrastructure company Nebius, further strengthening its presence in the rapidly expanding artificial intelligence ecosystem. The disclosure follows Nvidias...

SpaceX Q2 Earnings on Aug. 4 Set Stage for Historic Insider Share Unlock

SpaceX (NASDAQ: SPCX) will report its second-quarter 2026 financial results after the market closes on August 4, marking its first earnings release since its record-breaking initial public offering. The company will also...

Samsung Cuts U.S. Consumer Electronics Jobs as Headquarters Moves to Texas

Samsung Electronics has reduced its workforce in the United States as it relocates the headquarters of its consumer electronics business from New Jersey to Texas, affecting hundreds of employees while maintaining that the...

ASML Trillion-Dollar Valuation: Can Europe’s AI Chip Giant Reach the Historic Milestone?

The global artificial intelligence boom has fueled a remarkable rise in ASMLs market value, positioning the Dutch semiconductor equipment maker as Europes most valuable listed technology company. Following...

Bank of America Says These Overlooked AI Stocks Could Be the Next Winners

While semiconductor companies, AI hardware makers, and the Magnificent Seven have dominated the artificial intelligence rally, Bank of America believes the next phase of AI-driven gains could come from less obvious...
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