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FxWirePro- CADJPY Trade Idea

Apr 08, 2025 09:33 am UTC| Technicals

CAD/JPYshowed a minor pullback despite weak Canadian jobs data. It hit an intraday low of 101.87 and is currently trading around 103.17. Technical Analysis CAD/JPY is currently tradingbelow the 34- and 55-EMA on the...

EUR/JPY: Post-Rally Dip - Time to Sell the Bounce?

Apr 08, 2025 08:52 am UTC| Technicals

The EUR/JPYdeclined slightly after a jump of nearly 400 pips. It hits an high of 162.19 yesterday and is currently trading around 161.03.The intraday outlook is bearish as long as the resistance 162.20 holds. Technical...

GBP/JPY: Safe-Haven Yen Sinks Sterling - Sell the Rallies?

Apr 08, 2025 08:48 am UTC| Technicals

The GBP/JPYpared some of its gains on the strong yen. It hits a high of 189.46 yesterday and is currently trading around 187.85. Intraday trend is bearish as long as resistance 190 holds. Global Uncertainty Fuels...

FxWirePro: USD/CNY hits highest level since 2023 as trade war escalates

Apr 08, 2025 07:17 am UTC| Technicals

USD/CNY hit highest level since 2023 on Tuesday as traders assessed the PBOCs fixing and Chinas warning of additional countermeasures against U.S. tariffs. PBOC slightly loosened its grip on the currency in what...

FxWirePro: NZD/USD recovers from two-month low ahead of RBNZ rate decision

Apr 08, 2025 06:46 am UTC| Technicals

NZD/USD recovered from a two-month low on Tuesday, driven by hopes that the U.S. might be open to negotiating its aggressive tariffs. The ongoing trade tensions between the United States and other countries have led to...

FxWirePro: AUD/USD rebounds from 5-Year low amid tariff negotiation hopes

Apr 08, 2025 05:53 am UTC| Technicals

AUD/USD rebounded from a five-year low on Tuesday as recovery was fueled by hopes that Washington may be open to negotiating its aggressive tariff policies. Trumps advisers indicated that he is open to negotiations...

FxWirePro: GBP/NZD stuck in range but maintains bullish bias

Apr 08, 2025 01:12 am UTC| Technicals

GBP/NZD initially fell but gained some ground as U.S. President Donald Trumps sweeping tariffs stoked fears of a global trade war and economic recession The base 10% tariffs went into effect on April 5, while the...

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Economy

Oil Prices Rise as Houthi Attacks on Saudi Tankers Heighten Middle East Supply Fears

Oil prices extended their rally for a fifth consecutive session during Asian trading on Thursday as renewed geopolitical tensions in the Middle East fueled concerns over potential disruptions to global crude supplies. The...

South Korea Q2 GDP Beats Forecasts as AI Chip Exports Drive Growth

South Koreas economy expanded faster than expected in the second quarter of 2026, supported by resilient semiconductor exports as global demand for artificial intelligence (AI) technologies continued to boost the countrys...

Nasdaq Drops as AI Earnings, Oil Surge and Middle East Tensions Weigh on Wall Street

U.S. stocks ended mixed on Wednesday as investors turned cautious ahead of key earnings from major technology companies while rising oil prices and escalating tensions in the Middle East added to inflation concerns. The...

US Dollar Pauses Rally as Middle East Tensions Support Safe-Haven Demand

The U.S. dollar edged lower on Wednesday after reaching its strongest level in more than a week, but persistent geopolitical risks and surging oil prices continued to support demand for the greenback. Investors remained...

Gold Price Climbs Above $4,130 as Middle East Tensions Boost Safe-Haven Demand

Gold prices climbed to their highest level in more than two weeks on Wednesday as investors returned to the precious metal amid escalating geopolitical tensions in the Middle East and continued support above the key...

Politics

Maduro U.S. Drug Trafficking Trial Set for June 2027 as Immunity Defense Looms

A U.S. federal judge has scheduled the criminal trial of ousted Venezuelan President Nicolas Maduro and his wife, Cilia Flores, for June 1, 2027, in a high-profile drug trafficking case that could carry a life sentence if...

Trump Praises Nigeria’s Tinubu, Signaling Stronger U.S.-Nigeria Security Ties

U.S. President Donald Trump has praised Nigerian President Bola Tinubu for his efforts to combat violence and strengthen security, marking a notable improvement in relations between Washington and Abuja after months of...

Russia Says It Hit Ukrainian Ports, Cargo Ships in Odesa and Chornomorsk

Russia said Wednesday that its forces launched strikes on the Ukrainian port cities of Odesa and Chornomorsk, targeting port infrastructure, cargo vessels, and military-related facilities that Moscow claims were supporting...

US Plans Closer Coordination With Erik Prince-Linked Security Firm in Haiti Amid Drone Strike Concerns

U.S. security officials are preparing for closer coordination with Vectus Global, the private military company linked to Blackwater founder Erik Prince, as Haiti intensifies its campaign against powerful armed gangs. The...

Juan Orlando Hernandez Seeks Dismissal of Honduras Charges After Trump Pardon

Former Honduran President Juan Orlando Hernandez said he will seek the dismissal of fraud and money laundering charges in Honduras after returning home on Sunday, following a U.S. presidential pardon that ended his 45-year...

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

Alphabet Q2 Earnings Beat Estimates as AI Spending, Google Cloud Growth Fuel Outlook

Alphabet (NASDAQ: GOOGL) delivered stronger-than-expected second-quarter 2026 results, driven by rapid growth in Google Cloud and continued investment in artificial intelligence infrastructure. Despite beating Wall Street...

Elon Musk Fuels SpaceX-Tesla Merger Speculation After Earnings Call

The possibility of a merger between Tesla (NASDAQ: TSLA) and SpaceX gained fresh attention after Teslas second-quarter earnings call, with Deepwater Managements Gene Munster increasing the odds of a deal taking place in...

IBM Q2 Earnings Miss Estimates as Software Growth Offsets Infrastructure Weakness

International Business Machines (NYSE: IBM) reported second-quarter 2026 earnings that missed Wall Street expectations, although its shares gained about 3% after the company had already warned investors about weaker...

OpenAI Australia Data Center Switches Cooling Strategy After Recycled Water Plan Fails

OpenAIs planned mega data center in Australia will rely on a more energy-intensive cooling system after developers abandoned plans to use recycled water, according to a Reuters report published Thursday. The change comes...

US Investigates Moonshot Over Alleged Use of Advanced AI Chips and IP Theft

The U.S. Bureau of Industry and Security (BIS) has launched an investigation into whether Chinese artificial intelligence companies, including Moonshot AI, have gained access to advanced U.S. AI chips in violation of U.S....
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