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EUR/USD intraday lift halted by hourly Ichimoku cloud

Feb 17, 2015 09:40 am UTC| Technicals

Pair sees sharp rebound intraday through 200 HMA and 100 HMA at 1.1365 and 1.1371 Base of hourly Ichimoku cloud halts at 1.1385 and slight easing kicks in A break back inside the cloud finds resistance...

USD/JPY contained well, large expiries, volumes under pressure

Feb 17, 2015 08:53 am UTC| Technicals

Pair trails Nikkei, 118.24-118.65 range today, 118.11-88 yesterday Technical support at 118.10 (61.8% of 116.64-120.48). Stops seen sub 118.00 200HMA initial resistance 118.67, before daily cloud top...

EUR/SEK – Swedish CPI data slightly stronger than expected

Feb 17, 2015 08:42 am UTC| Technicals

Soft inflation data out of Sweden, m/m core falls -1.0% vs +0.2% previous Market looked for a 1.1% mm fall, yy posted a surprise +0.6% Headline prices fall as well EUR/SEK bid into the data but comes away...

USD/CHF returns to Oct 0.9361 lows

Feb 17, 2015 08:39 am UTC| Technicals

Pair returns above the 200 DMA at 0.9315 which supports Prices recovered the monthly low from Oct 2014 at 0.9361 Bids are raised aggressively to the average Next target level is 0.9539 - 76.4%of...

GBP/USD sees scope to 1.54 if UK CPI stays at 0.5%

Feb 17, 2015 08:26 am UTC| Technicals

GBP may draw out lift if UK Jan CPI number matches +0.5% y/y Dec number Offers pushed near 1.54 (1.5390 = London pmhigh Mon; 1.5395 = Asia low Mon) 1.5438 among resistance levels beyond figure, 76.4% of...

GBP/USD weighed by false fibo break on Monday

Feb 17, 2015 08:20 am UTC| Technicals

Pair saw false break of the 76.4% fibo of Jan 1.5588/1.4952 decline at 1.5438 on Monday Successive pullback pressured overnight at 1.5339 Slow stochs rise in overbought territory Negative cross gives a...

EUR/GBP weighed by Grexit risk

Feb 17, 2015 08:15 am UTC| Technicals

0.7375 = Asia low vs 0.74275 Monday high Recent talk of stops sub-0.7370 0.73715 = last weeks 7year low on Feb 12, after relatively hawkishBoEQIR Among bear targets are 0.7353 (1.36 in GBP/EUR) ...

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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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