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GBP/USD eyeing 1.5600 with strong uptrend

Feb 19, 2015 00:18 am UTC| Technicals

Momentum studies neutral, 5, 10 20 DMAs head higher - Bollingers expand Bullish setup - close above 1.5467, 61.8% Dec/Jan fall targets 1.5588 76.4% NY 1.5480 high then 1.5500 rising upper 20 day Bollinger...

USD/JPY dived to session lows on dovish Fed

Feb 18, 2015 19:38 pm UTC| Technicals

Source: Thomson Reuters USD/JPY price dived to session lows on dovish Fed Minutes USD-JPY yield plunge Drag from yields partly offset by risk rebound, but N225 futures are heavy Tenkan prior down TrendLine by...

EUR/USD spikes ~1.1400 as Fed worried about hiking

Feb 18, 2015 19:26 pm UTC| Technicals

Source: Thomson Reuters EUR/USD pierced 10 21-DMAs pre-Fed minutes but now powerful rally ensues EUR/USD spikes ~1.1400 as many policymakers lean to keep rates lower for longer US bond yields reverse course, FOMC...

GBP/USD offers expected near 1.55 if rise extends

Feb 18, 2015 17:08 pm UTC| Technicals

Cable longs may take profit near 1.55 if rise extends UK earnings beat has fuelled GBP gains Wednesday Pair was below 1.50 in early Feb. 1.5210 = Feb 12 low (pre-BoE QIR) 1.5481 = 23.6% of 1.7192-1.4952 (Jan low)....

EUR/GBP making fresh lows, eyes 2008 lows at 0.7231

Feb 18, 2015 15:23 pm UTC| Technicals

Source: Thomson Reuters EUR/GBP makes fresh 7 year lows at 0.73625 on downside pressures The 2008 lows at 0.7321 are eyed as next support, 100 HMA at 0.7406 is resistance Scope to long-term fibo at 0.7256 (61.8% of...

GBP/USD trades 1.5417-1.5440 range pre-FOMC minutes

Feb 18, 2015 15:03 pm UTC| Technicals

GBP/USD trades 1.5417-1.5440 range since 7am ET, pair marking time pre-FOMC minutes Cables rise to 1.5441 spurred by UK earnings beat, 1.5441 = London am high Pre-UK earnings data high was 1.5377 (1.5343 was early Europe...

USD/JPY trades a 118.80-119.50 range after soft PPI data

Feb 18, 2015 14:13 pm UTC| Technicals

Source: Thomson Reuters US PPI Housing Starts/Permits underwhelm, no help to USD/JPY 119.45-50 offers intact, Tenkan broken down TrendLine support at 118.81-82 attracting bids Stops above 119.50 if risk-on flows...

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Economy

U.S. Stocks Close Lower as Hot PPI Data, Nvidia Slide Weigh on Wall Street

U.S. stocks ended lower on Friday, capping the worst monthly performance for Wall Street since March last year, as hotter-than-expected producer inflation data and continued weakness in technology stocks pressured investor...

Gold Prices Rally in February as Geopolitical Risks and Economic Uncertainty Boost Safe-Haven Demand

Gold prices surged on Friday, positioning the precious metal for strong February gains as investors sought safe-haven assets amid rising geopolitical tensions and economic uncertainty. Spot gold climbed 1.5% to $5,261.81...

Dominican Republic Unveils Massive Rare Earth Deposits to Boost High-Tech and Energy Sectors

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Asian Markets Slide as Nvidia Earnings, U.S.-Iran Tensions and AI Valuations Weigh on Investor Sentiment

Asian stock markets declined on Friday as investors pulled back from risk assets, pressured by concerns over elevated technology valuations and persistent geopolitical tensions in the Middle East. Despite strong quarterly...

Gold Prices Steady in Asia, Set for Strong February Gains on Safe-Haven Demand

Gold prices held firm during Asian trading on Friday, positioning the precious metal for solid monthly gains as rising geopolitical tensions and global economic uncertainty boosted safe-haven demand. Investors continued to...

Politics

Trump Media Weighs Truth Social Spin-Off Amid $6B Fusion Energy Pivot

Trump Media Technology Group (TMTG), the parent company of Truth Social founded by U.S. President Donald Trump, is exploring a potential spin-off of its social media platform into a separate publicly traded company. The...

NYC Mayor Zohran Mamdani Meets President Trump to Tackle Housing Crisis and ICE Detentions

New York City Mayor Zohran Mamdani described his latest White House meeting with U.S. President Donald Trump as productive, highlighting discussions on affordable housing and recent student detentions by federal...

U.S.-Iran Nuclear Talks Show Progress but No Breakthrough Amid Rising Military Tensions

The United States and Iran reported progress in high-stakes negotiations over Tehrans nuclear program, but no final agreement was reached, leaving the threat of potential U.S. military action still looming. Mediator Oman...

Philippines, U.S., and Japan Conduct Joint Naval Drills in South China Sea to Boost Maritime Security

The navies of the Philippines, the United States, and Japan carried out joint military exercises in the South China Sea this week, reinforcing defense cooperation and regional maritime security. The Armed Forces of the...

Denver Mayor Orders Police to Protect Protesters, Restricts ICE Access to City Property

Denver Mayor Mike Johnston has signed a new executive order directing city police to protect peaceful protesters during federal Immigration and Customs Enforcement (ICE) operations and prohibiting ICE agents from using...

Science

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...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

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...

Technology

Nintendo Share Sale: MUFG and Bank of Kyoto to Sell Stakes in Strategic Unwinding

Nintendo is reportedly preparing a major unwinding of strategic cross-shareholdings that could see MUFG Bank and the Bank of Kyoto sell significant stakes in the iconic Super Mario maker. According to sources familiar with...

Hyundai Motor Group to Invest $6.26 Billion in AI Data Center, Robotics and Renewable Energy Projects in South Korea

Hyundai Motor Group has signed a landmark agreement with the South Korean government to invest approximately 9 trillion won ($6.26 billion) in major industrial and technology projects along the countrys western coast....

Anthropic Refuses Pentagon Request to Remove AI Safeguards Amid Defense Contract Dispute

Anthropic CEO Dario Amodei said the company will not comply with a Pentagon request to remove critical AI safeguards, despite reported threats that the Department of Defense (DoD) could cut ties and block the firm from its...

Meta Signs Multi-Billion Dollar AI Chip Deal With Google to Power Next-Gen AI Models

Meta Platforms has reportedly entered a multi-billion dollar agreement with Google to rent advanced artificial intelligence chips, marking a major step in the intensifying race to dominate AI infrastructure. According to...

Coupang Reports Q4 Loss After Data Breach, Revenue Misses Estimates

Coupang reported a fourth-quarter loss and revenue below market expectations, as the South Korean e-commerce giant continues to grapple with the fallout from a massive data breach. The company posted $8.8 billion in...
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