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FxWirePro: EUR/CHF breaks below 200-DMA, eyes 38.2% Fib at 1.1477, stay short

May 25, 2018 04:35 am UTC| Technicals

EUR/CHF has shown a decisive break below 200-DMA, raising scope for further weakness. The pair is extending downward spiral from 1.20 handle hit in April month, on track for 4th straight week of losses. Upside in...

FxWirePro: USD/JPY recovery lacks traction, struggles to hold break above 21-EMA, good to go short on rallies

May 25, 2018 04:06 am UTC| Technicals

USD/JPY has been falling off from highs at 111.39 on May 21st trade, bias still bearish. The pair has hit 2-week lows at 108.95, before paring some losses to currently trade at 109.56. Technical indicators on...

FxWirePro:Nikkei Daily Outlook

May 25, 2018 03:57 am UTC| Technicals

Asian markets are tradingslightly weak on fresh geopolitical uncertainty.President Trump cancelled a June meeting with North Korean leader Kim Jong Un. Dow Jones recovered almost more than 250points from low.US futures is...

FxWirePro: USD/THB moves in stiff boundaries, sustained close below 31.91 requires for downside rally

May 25, 2018 02:58 am UTC| Technicals

USD/THB is currently trading around 32.01 marks. It made intraday high at 32.06 and low at 31.99 marks. Intraday bias remains neutral for the moment. On the top side, key resistances are seen at 32.10,...

FxWirePro: Singapore dollar trades marginally lower ahead of manufacturing output data

May 25, 2018 02:20 am UTC| Technicals

USD/SGD is currently trading around 1.3414 marks. It made intraday high at 1.3416 and low at 1.3392 levels. Intraday bias remains bullish till the time pair holds key support at 1.3390 mark. A daily close...

FxWirePro: South Korean won rises gradually against euro, bias remains bearish

May 25, 2018 01:54 am UTC| Technicals

EUR/KRW is currently trading around 1,263 mark. Pair made intraday high at 1,265 and low at 1,263 levels. Intraday bias remains bearish till the time pair holds key resistance at 1,270 mark. A sustained...

FxWirePro: Japanese yen depreciates in early Asia as Tokyo core CPI data misses expectations

May 25, 2018 01:15 am UTC| Technicals

USD/JPY is currently trading around 109.55 marks. It made intraday high at 109.56 and low at 109.13 levels. Intraday bias remains bullish till the time pair holds key support at 108.95 marks. A daily close...

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Economy

U.S. Blockades Strait of Hormuz as Oil Prices Surge Past $100

Oil prices climbed sharply in early Asian trading on Monday, with Brent crude jumping 8% to $102.93 per barrel after President Donald Trump announced that the U.S. Navy would begin blockading the Strait of Hormuz. The move...

U.S. Futures Plunge as Iran Ceasefire Talks Collapse and Hormuz Blockade Looms

U.S. stock index futures dropped sharply Sunday evening after ceasefire negotiations between Washington and Tehran broke down, raising fears of prolonged conflict and further disruptions to global energy markets. The...

Spain's Sanchez Visits China to Deepen Trade Ties Amid U.S. Tensions

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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

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Politics

Peru Presidential Election 2025: Lopez Aliaga Leads Early Results

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Trump Dismisses Iran Talks, Orders Strait of Hormuz Blockade

President Donald Trump signaled indifference toward renewed diplomacy with Iran on Sunday, telling reporters at Joint Base Andrews, I dont care if they come back or not, if they dont come back, were fine. His remarks...

Swalwell Drops California Governor Bid Amid Sexual Assault Allegations

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U.S. Blockade of Strait of Hormuz Sends Oil Tankers Into Retreat

Oil tankers are diverting away from the Strait of Hormuz as the United States prepares to enforce a naval blockade beginning Monday morning, following the collapse of weekend peace negotiations between Washington and...

Trump Blasts Pope Leo as "Weak" Amid Foreign Policy and Immigration Disputes

United States President Donald Trump launched a sharp public attack against Pope Leo on Sunday evening, branding the Catholic Churchs leader as weak on crime and terrible when it comes to foreign policy. The outburst came...

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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