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FxWirePro: LTC/USD consolidates in narrow range , good to sell on rallies

Jun 28, 2018 13:00 pm UTC| Technicals

LTC/USD has shown a minor jump till $79.61 from yesterday low of $74.88. The pair has formed minor top around $103.85 and any further bullishness only above that level..The pair declined more than60% from the temporary top...

FxWirePro: US Dollar index jumps sharply from 20 day MA, targets 97

Jun 28, 2018 12:52 pm UTC| Technicals

US Dollar index has shown a massive sell- off after hitting high of 95.50. The index declined more than 120 pips and hits low of 94.17. After minor weakness DXY recovered sharply in the past three trading session almost...

FxWirePro: EUR/GBP capped at 200-DMA (0.8818), good to go long on break above

Jun 28, 2018 12:19 pm UTC| Technicals

EUR/GBP has broken stiff resistance at 200-DMA at 0.8818, raising scope for further upside. Euro largely supported after German Gfk consumer confidence remained solid in July and inflation largely inline with...

FxWirePro: USD/CAD trade Idea

Jun 28, 2018 12:12 pm UTC| Technicals

USD/CAD hits fresh 2018 high at 1.33860 yesterday and shown a minor decline after BOC Poloz speech. Bank of Canada governor Poloz mentioned in speech that effects of US steel and aluminium tariffs and tigher mortage rules...

FxWirePro:EUR/USD faces strong support at 1.1500, markets eye US GDP

Jun 28, 2018 12:07 pm UTC| Technicals

USD/CAD hits fresh 2018 high at 1.33860 yesterday and shown a minor decline after BOC Poloz speech. Bank of Canada governor Poloz mentioned in speech that effects of US steel and aluminium tariffs and tigher mortage rules...

FxWirePro: AUD/USD hits 1 1/2 -year low, break below 61.8% Fib to see further weakness

Jun 28, 2018 10:44 am UTC| Technicals

AUD/USD hits 1 1/2 -year lows at 0.7223 before paring some losses to currently trade at 0.7345 levels. The pair grinds lower as risk aversion continues through the week. Ongoing slide in copper prices weighs further...

FxWirePro:EUR/USD faces strong support at 1.1500, markets eye US GDP

Jun 28, 2018 10:09 am UTC| Technicals

EUR/USD is trading in mid 1.1500 for past two trading session. The pair is trading weak due to escalting trade war between US and other economies. The US trump administration will use Committee on Foreign Investment in the...

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Economy

BCA Research Warns U.S.-Iran Ceasefire Could Collapse, Maintains Cautious Equity Outlook

BCA Research is cautiously optimistic about the recently announced U.S.-Iran ceasefire but is warning investors that the truce remains highly unstable. The firms chief geopolitical strategist, Matt Gertken, puts the odds...

U.S. Natural Gas Market Faces Short-Term Pressure but Long-Term Demand Surge

Wall Street analysts remain divided on the U.S. natural gas outlook, citing near-term price weakness alongside robust long-term demand fundamentals driven by LNG exports and growing global power consumption. Benchmark...

Chinese Brands Are Taking Over Brazil — And It's Just Getting Started

Chinese businesses are making bold moves into Brazil, marking a significant shift in how China is expanding its global footprint. Leading the charge is Mixue, the ice cream and beverage giant that already operates more...

Bank of America Maintains Forecast for Two Fed Rate Cuts in 2026 Despite Inflation Risks

Bank of America is holding firm on its prediction that the Federal Reserve will cut interest rates twice in 2026, even as inflation concerns linger. In a note to clients, U.S. economist Aditya Bhave outlined why the bank...

Trump Claims Oil Tankers Heading to U.S. Amid Iran War and Strait of Hormuz Crisis

President Donald Trump announced Saturday that a large number of empty oil tankers are currently sailing toward the United States, intending to load American crude oil and natural gas. Trump made the claim via Truth...

Politics

U.S.-Iran Peace Talks in Islamabad Pause With Key Differences Unresolved

High-stakes diplomatic negotiations between the United States and Iran wrapped up in Islamabad, Pakistan on Sunday after roughly 14 hours of intense discussion, marking the first direct engagement between the two nations...

Islamabad at a Standstill as U.S.-Iran Peace Talks Take Center Stage

Islamabad has been transformed into a virtual ghost town as high-stakes direct negotiations between the United States and Iran got underway for the first time in years. Pakistani authorities imposed a citywide lockdown,...

Costa Rica Receives First Wave of U.S.-Deported Migrants Under New Bilateral Agreement

Costa Rica officially welcomed its first group of U.S.-deported migrants on Saturday, marking a significant milestone in a bilateral deportation agreement signed between the two nations in March. The group comprised 25...

U.S.-Iran Nuclear Talks Resume in Islamabad Amid Strait of Hormuz Standoff

High-stakes diplomatic negotiations between the United States and Iran entered their second day in Islamabad on Sunday, with both sides still far apart on key issues particularly American demands over the Strait of...

Trump Warns China Over Iran Arms as Diplomatic Talks Intensify

U.S. President Donald Trump issued a stark warning to China on Sunday, cautioning that Beijing would face serious consequences if it were to supply weapons to Iran. The statement, delivered to reporters outside the White...

Science

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...

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

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 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...

Technology

OpenAI Addresses Security Vulnerability in macOS App Certification Process

OpenAI disclosed a security concern on Friday involving a third-party developer tool known as Axios, which is connected to the process used to verify the authenticity of its macOS applications. The company confirmed it has...

San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home

San Francisco police arrested a 20-year-old suspect Friday following a pre-dawn attack on OpenAI CEO Sam Altmans residence in the citys North Beach neighborhood. According to the San Francisco Police Department, an...

SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20

Nasdaq Inc. confirmed late Friday that SanDisk Corporation will enter the Nasdaq-100 Index, taking the spot previously held by Atlassian Corp Plc when markets open on Monday, April 20, 2026. The change signals a broader...

TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...
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