Malaysia to resume search for missing flight MH370, more than a decade after plane vanished
The deep-sea search will resume this month, with U.S. robotic firm Ocean Infinity carrying out the operation intermittently for 55 days.
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European indices see slight gains to kick start the day
- Eurostoxx +0.2%
- Germany DAX +0.3%
- France CAC 40 +0.1%
- UK FTSE -0.1%
- Spain IBEX +0.8%
- Italy FTSE MIB +0.4%
The risk mood continues to keep steadier with S&P 500 futures also seen up 0.2% on the day. That’s all keeping the broader market mood in good spirits especially when paired with the rebound in cryptocurrencies yesterday, as Bitcoin now climbs back up to above $93,000. For the day ahead, the US ADP employment change will be the key risk event on the economic calendar.
This article was written by Justin Low at investinglive.com.
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USD/JPY Daily Outlook
Daily Pivots: (S1) 155.47; (P) 155.83; (R1) 156.22; More… Intraday in USD/JPY remains neutral at this point. With near term rising channel floor intact, further rally is expected. Above 156.57 minor resistance will bring retest of 157.88. Further break there will resume the whole rally from 139.87. Next target is 158.86 structural resistance, and then […]
The post USD/JPY Daily Outlook appeared first on ActionForex.
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USD/CHF Daily Outlook
Daily Pivots: (S1) 0.8020; (P) 0.8036; (R1) 0.8046; More… Intraday bias in USD/CHF remains neutral for the moment. Outlook is unchanged that price actions from 0.7828 low is seen as a corrective pattern. On the upside, above 0.8070 will indicate that pattern is still extending, and turn bias back to the upside for 0.8123 and […]
The post USD/CHF Daily Outlook appeared first on ActionForex.
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USD/CHF Daily Outlook
Daily Pivots: (S1) 0.8020; (P) 0.8036; (R1) 0.8046; More… Intraday bias in USD/CHF remains neutral for the moment. Outlook is unchanged that price actions from 0.7828 low is seen as a corrective pattern. On the upside, above 0.8070 will indicate that pattern is still extending, and turn bias back to the upside for 0.8123 and […]
The post USD/CHF Daily Outlook appeared first on ActionForex.
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GBP/USD Daily Outlook
Daily Pivots: (S1) 1.3188; (P) 1.3205; (R1) 1.3231; More… GBP/USD recovered after drawing support from 55 4H EMA (now at 1.3191) and intraday bias is turned neutral again. On the downside, below 1.3178 temporary low will bring deeper fall to retest 1.3008 low. On the upside, however, sustained trading above 55 D EMA (now at […]
The post GBP/USD Daily Outlook appeared first on ActionForex.
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GBP/USD Daily Outlook
Daily Pivots: (S1) 1.3188; (P) 1.3205; (R1) 1.3231; More… GBP/USD recovered after drawing support from 55 4H EMA (now at 1.3191) and intraday bias is turned neutral again. On the downside, below 1.3178 temporary low will bring deeper fall to retest 1.3008 low. On the upside, however, sustained trading above 55 D EMA (now at […]
The post GBP/USD Daily Outlook appeared first on ActionForex.
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Swiss CPI back at 0.0% as broad price declines in November
Swiss inflation softened in November, with headline CPI falling -0.2% mom, in line with expectations, while annual inflation slowed from 0.1% yoy to 0.0%, undershooting forecasts of 0.1%. Core CPI also dipped, falling -0.1% yoy, with the annual rate easing from 0.5% yoy to 0.4%. The data highlight Switzerland’s continued weak inflation, keeping price growth […]
The post Swiss CPI back at 0.0% as broad price declines in November appeared first on ActionForex.
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Russia ‘ready’ for war with Europe, Putin says, as Ukraine peace talks fail to deliver breakthrough
Russian President Vladimir Putin doubled down on threats toward Europe ahead of peace talks with the U.S., saying Moscow was “ready” for war. -
Is the breakout in SoFi stock just beginning?
With its stock skyrocketing nearly +100% in 2025 to a new all-time high of $32, investors may be wondering if SoFi Technologies (SOFI) is the next fintech firm that could see its share price rip to over $100 like Robinhood Markets (HOOD) and Shopify (SHOP), to name a few.
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