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USD/IDR off highs on stocks, profit taking in NDFs

Feb 18, 2015 02:34 am UTC| Technicals

USD/IDR jumped higher in early dealings but stocks rally hold back gains Markets threatened by surprise BI rate cut and higher NDFs Rally in stocks and profit taking in NDFs capped IDR losses Pair last at...

EUR/JPY small bounce to & thru offers at 136.00 on Greek story

Feb 17, 2015 18:29 pm UTC| Technicals

Source: Thomson Reuters EUR/JPY small pop to thru offers at 136.00 on Greek story Source says Greece to ask for loan agreement extension Wed ECB to meet Wed ELA was reportedly to be extended: Bailout is...

USD/CAD back below 1.2400 as WTI ticks higher

Feb 17, 2015 18:15 pm UTC| Technicals

Oil driving Loonie, USD/CAD back below 1.2400 WTI ticks higher with stocks after Greece says will seek loan extension WTI up a buck and USD/CAD drops 50 pips, 1.2394 rebound low Markets volatile until something firm...

NZD/USD off daily highs after lower dairy auction volume

Feb 17, 2015 15:06 pm UTC| Technicals

Source: Thomson Reuters Fonterra dairy prices rise 10.1%, volumes lower (-18%) NZD/USD slips from daily highs, remains firm near Kijun Resistance at 0.7534 DM currencies firm as market expects Greek deal/extension...

EUR/GBP shorts squeezed en route to 0.74435

Feb 17, 2015 14:52 pm UTC| Technicals

EUR/GBP has scope to 0.75 if Greece blinks, EUR shorts could be squeezed more if Greece agrees deal EUR/GBP shorts squeezed en route to 0.74435, from 0.7375 0.7375 = Asia low after Greek debt talks broke down...

AUD/JPY higher helped by M&A, upside limited

Feb 17, 2015 14:15 pm UTC| Technicals

Source: Thomson Reuters Lead yen pairs higher helped by MA, Yen havens softer today despite Greek stalemate Repeated Feb highs just above 0.9300 nearby, Kijun 50% Fib key at 0.9335 AUD/USD above 0.7795 daily pivot...

GBP/USD eyes 200 HMA again on pullback

Feb 17, 2015 13:44 pm UTC| Technicals

Source: Thomson Reuters False break of 76.4% of Jan 1.5588/1.4952 decline at 1.5438 Mon weighs GBP/USD eyes 200 HMA again after pullback to 1.5352 Slow stochs peak in overbought territory, negative cross generates...

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Economy

Gold Prices Steady in Asia as Investors Await U.S. Jobs Data, Geopolitical Tensions Support Weekly Gains

Gold prices were largely unchanged during Asian trading on Friday as investors remained cautious ahead of the highly anticipated U.S. jobs data, while ongoing geopolitical tensions continued to underpin bullions strength...

European Stocks Edge Higher as Investors Await Key U.S. Jobs Data and Fed Policy Signals

European stock markets traded slightly higher on Friday as investors remained cautious ahead of the release of critical U.S. nonfarm payrolls data, a report expected to influence expectations for Federal Reserve monetary...

Trump Signals Possible Meeting With Venezuelan Opposition Leader as U.S. Focuses on Oil and Post-Maduro Transition

U.S. President Donald Trump said on Thursday that Venezuelan opposition leader Maria Corina Machado is expected to travel to Washington next week, raising questions about the future of U.S.-Venezuela relations following...

Trump Orders $200 Billion Mortgage Bond Purchases to Lower Housing Costs

U.S. President Donald Trump announced that he has instructed his representatives to purchase $200 billion in mortgage-backed securities (MBS) through Fannie Mae and Freddie Mac, a move he says is aimed at lowering mortgage...

South Korea to Launch 24-Hour Currency Trading to Boost Market Upgrade Bid

South Korea has announced plans to open its currency market to 24-hour trading starting in July, marking a major step toward liberalising the won and strengthening its bid for developed-market status. The move, unveiled by...

Politics

Honduran Opposition Lawmaker Injured Amid Post-Election Tensions

Honduras political crisis deepened on Thursday after opposition lawmaker Gladis Aurora Lopez was injured when an explosive device was thrown near her inside the National Congress, according to a statement from her...

U.S. Weighs Direct Payments to Greenlanders Amid Renewed Push to Acquire Strategic Arctic Island

U.S. officials have reportedly discussed the possibility of offering lump-sum payments to residents of Greenland as part of a controversial effort to encourage the island to break away from Denmark and potentially align...

Trump Signals Willingness to Let New START Treaty Expire, Raising Global Nuclear Arms Concerns

U.S. President Donald Trump has indicated he is prepared to allow the last remaining U.S.-Russia strategic arms control treaty, known as New START, to expire without accepting a Russian proposal to voluntarily extend...

Canada and Brazil Call for Peaceful Venezuelan Transition After U.S. Military Raid

Canadian Prime Minister Mark Carney and Brazilian President Luiz Inácio Lula da Silva held talks on Thursday to discuss the escalating situation in Venezuela, reaffirming their shared support for a peaceful,...

Trump Says Taiwan Decision Is “Up to Xi,” Warns Against Changing Status Quo

U.S. President Donald Trump said it is ultimately Chinese President Xi Jinpings decision how China handles Taiwan, but warned he would be very unhappy if Beijing moved to change the current status quo. The remarks were...

Science

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Technology

xAI Cash Burn Highlights the High Cost of Competing in Generative AI

Elon Musks artificial intelligence startup, xAI, is rapidly emerging as a major player in the generative AI race, but new reports highlight the enormous financial costs behind that ambition. According to Bloomberg News,...

Nvidia Appoints Former Google Executive Alison Wagonfeld as First Chief Marketing Officer

Nvidia (NASDAQ: NVDA) has taken a significant step in strengthening its leadership team by appointing a senior Google (NASDAQ: GOOGL) executive as its first-ever Chief Marketing Officer, signaling a strategic move as the...

EU Orders Elon Musk’s X to Preserve Grok AI Data Amid Probe Into Illegal Content

The European Commission has ordered Elon Musks social media platform X, formerly known as Twitter, to retain all internal documents and data related to its built-in artificial intelligence chatbot, Grok, until the end of...

SK Hynix Shares Hit Record High as AI Memory Demand Fuels Semiconductor Rally

Shares of South Korean memory chip giant SK Hynix surged to a fresh all-time high on Thursday, reflecting growing investor optimism around booming demand for artificial intelligence (AI) memory products and a strengthening...

OpenAI Sets $50 Billion Stock Grant Pool, Boosting Employee Equity and Valuation Outlook

OpenAI has reportedly established a massive $50 billion employee stock grant pool, a move that underscores the companys aggressive strategy to attract, retain, and reward top talent as it continues to scale its artificial...
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