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FxWirePro: CHFJPY Daily Outlook

Mar 11, 2020 12:50 pm UTC| Technicals

Ichimoku Analysis (4-hour chart) Tenken-Sen- 111.36 Kijun-Sen- 111.20 CHFJPY is trading in narrow range between 110.97 and 112.417 for past two trading days. The pair lost more than 450 pips in past...

FxWirePro: USD/NOK fails to sustain gains above 9.6000, dip till 9.5271 likely

Mar 11, 2020 11:34 am UTC| Technicals

The Norwegian Krone nudged up, retreating from record lows as the greenback eased on a lack of clarity over the stimulus package proposed by U.S. President Donald Trump to soften the economic impact of the coronavirus...

FxWirePro: USD/DKK struggles to sustain gains, finds resistance at 7-EMA

Mar 11, 2020 10:40 am UTC| Technicals

The Danish Krone surged, hovering towards an over 1-year peak recorded earlier in the week. The Danish currency attempted a minor recovery as investors digested yesterdays upbeat inflation figures. Denmarks...

FxWirePro: EUR/GBP eases from 4-1/2 month peak, good to sell on rallies

Mar 11, 2020 09:55 am UTC| Technicals

The euro retreated after rising to a fresh 4-1/2 month peak against the British pound earlier in the session. Sterling attempted a minor recovery as investors wait to see the extent of the British governments fiscal...

FxWirePro: Sell EURUSD on rallies

Mar 11, 2020 09:41 am UTC| Technicals

EURUSD recovered slightly above 1.1350 as market mood improves slightly with US stocks surged nearly 5%. Markets eye US Trump fiscal stimulus package for coronavirus. The pair declined more than 50 pips from the intraday...

FxWirePro: Silver trades marginally higher ahead of U.S. CPI, core CPI data

Mar 11, 2020 09:13 am UTC| Technicals

XAG/USD is currently trading around $17.01 marks. It made intraday high at $17.11 and low at $16.87 levels. Intraday bias remains neutral for the moment. A daily close above $17.02 will test key resistances...

FxWirePro: Aussie halts 2-day losing streak as PM Morrison unveils health package to combat coronavirus

Mar 11, 2020 08:38 am UTC| Technicals

The Australian dollar rose after Australian PM Morrison announced an A$2.4 bln health package to combat the spread of the coronavirus in the country. The health package proposes setting up fever clinics across the...

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Economy

Japan's Services Sector Growth Slows in March Amid Rising Middle East Tensions

Japans services sector expanded for the 12th consecutive month in March, though growth momentum weakened as escalating Middle East conflict weighed heavily on business sentiment. The SP Global Japan Services PMI dipped to...

Trump Expands Tariffs on Pharmaceuticals and Metals One Year After Liberation Day

One year after his sweeping Liberation Day tariff announcements, President Donald Trump has introduced a new wave of trade measures targeting pharmaceutical imports and restructuring duties on steel, aluminum, and copper....

RBI Clamps Down on Rupee NDF Activity, Banks Face Steeper Losses

Indian banks are bracing for heightened uncertainty after the Reserve Bank of India (RBI) tightened its grip on currency markets, barring lenders from offering rupee non-deliverable forwards (NDFs) to both resident and...

Oil Prices Surge Over $5 as Trump Vows to Continue Iran Strikes

Global oil prices jumped sharply on Thursday after President Donald Trump declared that the United States would press forward with military strikes against Iran, stopping short of outlining any concrete timeline or exit...

Trump's Iran War Speech Sparks Market Anxiety Over Extended Conflict

President Donald Trump addressed the nation Wednesday evening, declaring that U.S. military operations against Iran were nearing their core objectives but warned that intensive strikes would continue for another two to...

Politics

Trump's White House Ballroom Gets Planning Approval Amid Legal Battle

President Donald Trumps controversial White House ballroom project received a significant boost on Thursday when the National Capital Planning Commission voted to approve the East Wing Modernization Project, even as a...

Trump Administration Sues Three States Over Prediction Market Regulations

The Trump administration has filed lawsuits against Arizona, Connecticut, and Illinois, seeking to halt what federal officials describe as unlawful state interference in the growing prediction markets industry. The legal...

Federal Judge Rules CBP Violated Warrantless Arrest Order During Sacramento Immigration Sweep

A federal judge in California has found that U.S. Customs and Border Protection (CBP) officials violated a prior court order when they conducted a warrantless immigration sweep at a Sacramento Home Depot parking lot. U.S....

Coral Springs Vice Mayor Nancy Metayer Bowen Killed in Suspected Domestic Violence Incident

Nancy Metayer Bowen, the 38-year-old vice mayor of Coral Springs, Florida, was fatally shot at her home on Wednesday in what authorities are investigating as a domestic violence homicide. Her husband, Stephen Bowen, 40,...

Trump Threatens Escalation Against Iran, Warns of Infrastructure Strikes

President Donald Trump announced Wednesday that the United States would significantly intensify its military operations against Iran within the next two to three weeks, while warning of devastating strikes on the countrys...

Science

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

Technology

SpaceX Eyes Historic IPO at $1.75 Trillion Valuation

Elon Musks aerospace giant SpaceX has quietly filed a confidential IPO registration with the U.S. Securities and Exchange Commission, according to Bloomberg News sources familiar with the matter. The move signals that the...

Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman

Annie Altman has filed an amended civil lawsuit against her brother, OpenAI CEO Sam Altman, accusing him of sexually abusing her over a span of nearly a decade. The amended complaint was submitted Wednesday in St. Louis...

TSMC Japan's Second Fab to Produce 3nm Chips by 2028

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has confirmed plans to begin equipment installation and mass production of 3-nanometre wafers at its second fabrication plant in...

Apple Turns 50: From Garage Startup to AI Crossroads

In early 1976, engineer Steve Wozniak finished designing a computer circuit board he planned to share with fellow hobbyists at a local California tech club. His friend Steve Jobs recognized a commercial opportunity, and...

Rubio Directs U.S. Diplomats to Use X and Military Psyops to Counter Foreign Propaganda

Secretary of State Marco Rubio has instructed American diplomats to leverage social media platform X and collaborate with Pentagon psychological operations units as part of a broader strategy to combat foreign...