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First mover asia: biden’s tough talk, tether’s bitcoin bet not moving crypto
18/05/2023 01:29

First mover asia: biden’s tough talk, tether’s bitcoin bet not moving crypto

Prices: Unfazed by U.S. debt ceiling talks, bitcoin and ether hold steady while Tether and Circle are diversifying reserves to mitigate dollar risks. ...

Usd/jpy gathers strength to print fresh five-month high above 138.00 ahead of japan’s inflation
18/05/2023 01:29

Usd/jpy gathers strength to print fresh five-month high above 138.00 ahead of japan’s inflation

The USD/JPY pair is gathering strength for printing a fresh five-month high above 138.00 in the Asian session. The asset has got immense strength as t...

Gbp/usd price analysis: retreats from 200-sma, weekly resistance line, cable bears eye 1.2425
18/05/2023 01:29

Gbp/usd price analysis: retreats from 200-sma, weekly resistance line, cable bears eye 1.2425

In doing so, the Pound Sterling takes a U-turn from the convergence of the 200-SMA and a downward-sloping resistance line from May 10, close to 1.2490...

Xrp bulls eye a return to $0.50 on sec v ripple court rulings
18/05/2023 01:24

Xrp bulls eye a return to $0.50 on sec v ripple court rulings

XRP was back in the red this morning. However, SEC v Ripple chatter and progress toward a US debt ceiling deal would support a look at $0.50. The post...

: deutsche bank to settle jeffrey epstein suit for $75 million: report
18/05/2023 01:20

: deutsche bank to settle jeffrey epstein suit for $75 million: report

Deutsche Bank AG will pay $75 million to settle a proposed class-action lawsuit claiming it aided Jeffrey Epstein’s sex-trafficking ring, the Wall S...

Pboc sets usd/ cny central rate at 6.9967 (vs. estimate at 6.9985)
18/05/2023 01:15

Pboc sets usd/ cny central rate at 6.9967 (vs. estimate at 6.9985)

People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade plu...

Aud/usd price analysis: bulls are shaping up a case for a move higher
18/05/2023 01:14

Aud/usd price analysis: bulls are shaping up a case for a move higher

AUD/USD bulls are moving in and testing a key short-term resistance. An inverse head and shoulders are in the making. AUD/USD bulls are moving in ahea...

Australian may 2023 consumer inflation expectation: 5.2% (prior 4.6%)
18/05/2023 01:08

Australian may 2023 consumer inflation expectation: 5.2% (prior 4.6%)

Melbourne Institute Survey of Consumer Inflationary Expectations for May 2023.expected inflation rate 5.2% from 4.6% in April's surveySays MI:May’s ...

Micron to bring euv technology to japan, advancing next-generation memory manufacturing
18/05/2023 01:01

Micron to bring euv technology to japan, advancing next-generation memory manufacturing

1-gamma to be produced in Micron’s Hiroshima fab HIROSHIMA, Japan, May 17, 2023 (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq: MU) announced ...

Alliance memory bolsters presence in asia with appointment of linus park as country manager for korea
18/05/2023 01:00

Alliance memory bolsters presence in asia with appointment of linus park as country manager for korea

KIRKLAND, Wash., May 17, 2023 (GLOBE NEWSWIRE) — Alliance Memory today announced that it has strengthened its market presence in Asia with the appoi...

Icahn enterprises investor alert: edelson lechtzin llp urges shareholders with substantial losses of the looming lead plaintiff deadline in the securities fraud class action against icahn enterprises
18/05/2023 01:00

Icahn enterprises investor alert: edelson lechtzin llp urges shareholders with substantial losses of the looming lead plaintiff deadline in the securities fraud class action against icahn enterprises

NEWTOWN, Pa., May 17, 2023 (GLOBE NEWSWIRE) — The law firm of Edelson Lechtzin LLP is investigating securities fraud claims on behalf of all purchas...

Icahn enterprises investor alert: edelson lechtzin llp urges shareholders with substantial losses of the looming lead plaintiff deadline in the securities fraud class action against icahn enterprises
18/05/2023 01:00

Icahn enterprises investor alert: edelson lechtzin llp urges shareholders with substantial losses of the looming lead plaintiff deadline in the securities fraud class action against icahn enterprises

NEWTOWN, Pa., May 17, 2023 (GLOBE NEWSWIRE) — The law firm of Edelson Lechtzin LLP is investigating securities fraud claims on behalf of all purchas...

Gold is flat; focus on u.s. jobless claims report
18/05/2023 00:59

Gold is flat; focus on u.s. jobless claims report

Gold prices were flat in early Asian trade. With recent economic updates from the U.S. pouring cold water on rate cut hopes, focus this week will like...

Here’s why you should own both gold and silver right now, despite pullback
18/05/2023 00:44

Here’s why you should own both gold and silver right now, despite pullback

But even if the price of either falls, it will likely just be a short-term consolidation. Both gold and silver still have a long way to run. As we’v...

Icymi: barclays cut its forecast for china 2023 gdp growth to 5.3% (from 5.6%)
18/05/2023 00:43

Icymi: barclays cut its forecast for china 2023 gdp growth to 5.3% (from 5.6%)

This earlier:ICYMI - Nomura has lopped its 2023 China GDP forecast to 5.5% from 5.9% - "losing steam"Barclays are similar:analysts at the bank cut the...

Hagens berman, national trial attorneys, encourages canopy growth (cgc) investors with substantial losses to contact firm’s attorneys, firm investigating cgc’s admitted improper accounting and possibl
18/05/2023 00:42

Hagens berman, national trial attorneys, encourages canopy growth (cgc) investors with substantial losses to contact firm’s attorneys, firm investigating cgc’s admitted improper accounting and possibl

SAN FRANCISCO, May 17, 2023 (GLOBE NEWSWIRE) — Hagens Berman urges Canopy Growth Corporation (NASDAQ: CGC) investors who suffered substantial losses...

Icymi - russia's putin said russian oil output cuts were to support higher prices
18/05/2023 00:25

Icymi - russia's putin said russian oil output cuts were to support higher prices

Putin was speaking at a televised meeting of his government on Wednesday. The recent background to his comments is that Russia said on April 2 it woul...

Pboc is expected to set the usd/cny reference rate at 6.9985 – reuters estimate
18/05/2023 00:18

Pboc is expected to set the usd/cny reference rate at 6.9985 – reuters estimate

People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setti...

Eur/usd price analysis: a breach of 1.0800 appears in store
17/05/2023 23:59

Eur/usd price analysis: a breach of 1.0800 appears in store

The 1.0800 area appears supported by the temporary 100-day Simple Moving Average (SMA) at 1.0804 and the loss of this level could trigger a deeper dro...

Japan april exports +2.6% y/y (expected 3.0%) & imports -2.3% y/y (exp -0.3%)
17/05/2023 23:50

Japan april exports +2.6% y/y (expected 3.0%) & imports -2.3% y/y (exp -0.3%)

Japan trade data for April 2023more to come This article was written by Eamonn Sheridan at www.forexlive.com......

Jp morgan eye biggest downside risk if we enter memorial day weekend without us debt deal
17/05/2023 23:36

Jp morgan eye biggest downside risk if we enter memorial day weekend without us debt deal

Via JP Morgan trader remarks, casting an eye out past this week.“While McCarthy said a deal is possible by end of this week, the timeline may be by ...

Aud/nzd grinds near mid-1.0600s as australia employment, new zealand budget loom
17/05/2023 23:29

Aud/nzd grinds near mid-1.0600s as australia employment, new zealand budget loom

AUD/NZD pair’s recovery from a six-week-old ascending support line, close to 1.0640 at the latest, remains elusive unless crossing a convergence of ...

Aud/jpy aims to recapture 10-day high around 92.00 ahead of australian employment
17/05/2023 23:29

Aud/jpy aims to recapture 10-day high around 92.00 ahead of australian employment

The AUD/JPY pair is looking to reclaim the 10-day high around 92.00 in the early Tokyo session. The risk barometer showed a significant jump on Wednes...

: netflix says it has nearly 5 million monthly active users on its ad-supported tier
17/05/2023 23:24

: netflix says it has nearly 5 million monthly active users on its ad-supported tier

In a virtual upfront presentation to advertisers Wednesday, Netflix co-Chief Executive Greg Peters said the member base of the ad tier has “more tha...

Australian jobs data due thursday, 18 may 2023 - preview
17/05/2023 23:12

Australian jobs data due thursday, 18 may 2023 - preview

Coming up at 11.30 am local time in Sydney 0130 GMT 2130 US Eastern time Yesterday's subdued wages figures:Australian Q1 wages data +0.8% q/q (expecte...

Moxian acquires land to build a new mining center
17/05/2023 23:12

Moxian acquires land to build a new mining center

Hong Kong, May 17, 2023 (GLOBE NEWSWIRE) — Moxian (BVI) Inc (“Moxian” or the “Company”) (NASDAQ: MOXC), a company engaged in bitcoin mining ...

Gold prices fall amidst us debt ceiling deal bets, technical setup shaky
17/05/2023 23:00

Gold prices fall amidst us debt ceiling deal bets, technical setup shaky

Gold prices fell on Wednesday as US debt ceiling breakthrough bets pushed up Treasury yields. XAU/USD’s technical landscape is looking increasingly ...

Aud/usd rebound approaches 0.6700 as us default fears ease, australia employment eyed
17/05/2023 22:59

Aud/usd rebound approaches 0.6700 as us default fears ease, australia employment eyed

A daily closing beyond a convergence of the 21-DMA and 10-DMA, near 0.6685 at the latest, becomes necessary for the AUD/USD bulls to keep the reins. T...

Usd/jpy bulls to target 138.5 on debt ceiling progress
17/05/2023 22:58

Usd/jpy bulls to target 138.5 on debt ceiling progress

It is a busy day for the USD/JPY. Japan trade data will influence ahead of the US session. US stats, Fed chatter, and the debt ceiling will influence ...

New zealand q1 2023 output ppi 0.3% q/q (expected 1.3%) input 0.2% q/q ( expected 1.5%)
17/05/2023 22:45

New zealand q1 2023 output ppi 0.3% q/q (expected 1.3%) input 0.2% q/q ( expected 1.5%)

The New Zealand PPI (Producer Price Index) includes both inputs (such as raw materials, energy, and labor) and outputs (such as goods and services pro...

Nzd/usd bulls hold the baton, for now
17/05/2023 22:44

Nzd/usd bulls hold the baton, for now

NZD/USD bulls remain in control riding the trendline support. A break of the trendline support opens risk of a move lower. NZD/USD was moving higher m...

Industry leaders discuss state of crypto ahead of miami bitcoin conference
17/05/2023 22:44

Industry leaders discuss state of crypto ahead of miami bitcoin conference

The City of Miami’s quest to become a world-class finance and tech hub continues, but industry leaders say it appears the focus is shifting away fro...

Eur/usd price analysis: struggles to defend bounce off 100-dma below 1.0900 resistance confluence
17/05/2023 22:44

Eur/usd price analysis: struggles to defend bounce off 100-dma below 1.0900 resistance confluence

Hence, the EUR/USD recovery needs validation and highlights a convergence of the 50-DMA and the support-turned-resistance line stretched from Septembe...

Aud/usd and nzd/usd fundamental analysis: aussie employment in focus
17/05/2023 22:35

Aud/usd and nzd/usd fundamental analysis: aussie employment in focus

It is a busy day ahead for the AUD/USD and NZD/USD. Wholesale inflation and the annual budget will influence the NZD/USD this morning. The post AUD/US...

Usd/chf price analysis: holds to earlier gains but surrenders 0.9000, as the outlook turns neutral
17/05/2023 22:29

Usd/chf price analysis: holds to earlier gains but surrenders 0.9000, as the outlook turns neutral

Wednesday’s price action formed an inverted hammer candlestick that fell shy of cracking the 50-day EMA, though it retreated and stood above the 20-...


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