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FxWirePro: GBP/AUD bears resume at channel resistance, bears on verge of forming triple top –Boundary binaries as minor trend restrained below 38.2% Fib

Jan 08, 2018 11:29 am UTC| Technicals Insights & Views

As you could probably observe on monthly plotting, the bull swings seem to have been totally exhausted at channel resistance. Ever since then, steep slumps have been evidenced. As a result, the current prices are still...

FxWirePro: 2017 a year of Brexit speculations, NAFTA in 2018 to offer carry-relative value structures

Jan 08, 2018 09:49 am UTC| Research & Analysis Insights & Views Central Banks

As we have done with the Brexit-driven long GBP vol theme the last year, NAFTA or BoC-related CAD-volatility seems to be the best isolated via easy-to-carry relative value structures in 2018. CAD-denominated...

FxWirePro: LATAM FX hedging intricacies with pinch of salt

Jan 08, 2018 08:52 am UTC| Research & Analysis Insights & Views

Fundamentals currently seem uber-supportive for EMFX space. However, as this opinion has become the consensus, it raises red flags. A simple, and perhaps naive, parallel to previous cycles suggests that 2018 may resemble...

FxWirePro: What leads and what lags TRY in Q1’2018? OTC calls to hedge USD/TRY FX risks

Jan 08, 2018 07:32 am UTC| Research & Analysis Insights & Views

In Turkey, the CBRT disappointed consensus and market expectations of 100bp of hikes to the late liquidity window (to 13.25%) by hiking only 50bp to 12.75%. The 50bps rate hike is not sufficed to stabilize the currency, as...

FxWirePro: Capitalize on 1m/3m EUR/USD OTC bids to deploy diagonal debit put spreads for optimized hedging

Jan 08, 2018 06:38 am UTC| Research & Analysis Insights & Views

Dollar tantrum is still on despite substantial hurdles cleared in the US tax reform process, and a Fed rate hike. The conviction of broad USD strength through 1Q seems to be shrinking away as the greenback has failed to...

FxWirePro: US consumer price inflation likely to hit 2 pct through this year

Jan 08, 2018 06:27 am UTC| Commentary Insights & Views Economy

The United States consumer price-led inflation index is expected to hit 2 percent through this year, according to a recent poll by FxWirePro. With the pace of rising inflation, the Federal Reserve is expected to raise...

FxWirePro: EUR/USD shooting star hampers bullish momentum in intermediate trend, minor trend on verge of extending double top – Tunnel spreads to trade

Jan 08, 2018 06:04 am UTC| Technicals Insights & Views

Shooting star pattern candle has occurred at 1.2027 levels on previous months candle. As a result, you could see price dips in this month (refer monthly plotting). Hanging man pattern candles have occurred at 1.2044,...

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Economy

EUR/USD Eyes 1.17 as Fed Decision Could Weigh on Dollar

EUR/USD could climb back toward its summer highs near 1.17 if next weeks Federal Reserve decision sparks a sell the news reaction in the U.S. dollar, according to Citi strategists. However, geopolitical tensions and...

Central Banks Could Buy 20,000 Tonnes of Gold: BofA

Central banks may have significant capacity to continue buying gold even after several years of record demand, according to Bank of America (BofA). The bank estimates that institutions currently underweight in gold could...

UK Businesses Urge Government to Cut Electricity Levies

British businesses are pressing the government to remove levies from electricity bills as high energy costs put increasing pressure on energy-intensive sectors such as steel, chemicals and manufacturing, Bloomberg reported...

UK Economy Grows 0.4% in July, Beating Forecasts

Britains economy expanded by a stronger-than-expected 0.4% in July, maintaining solid momentum from the first half of 2026 despite economic pressures linked to the U.S.-Iran war, according to data released Friday by the...

US Treasury Yields Near 5% as Oil Fuels Inflation Fears

Global bond markets came under heavy selling pressure on Friday, pushing the U.S. 10-year Treasury yield close to the critical 5% threshold as soaring oil prices and expectations for higher interest rates intensified...

Politics

Sweden Election Puts Far Right and Centre Left in Tight Race

Swedish voters head to the polls on Sunday in a closely contested parliamentary election that could either bring the far-right Sweden Democrats into government for the first time or return the country to centre-left...

Russian Strikes Across Ukraine Kill Nine, Injure Dozens

Russian air strikes across multiple Ukrainian regions killed at least nine people and injured dozens on Saturday, damaging homes, businesses and critical infrastructure as attacks intensified away from the front lines....

Ukraine Prepares for October Peace Talks With Russia and US

Ukraine is preparing for a possible resumption of trilateral peace talks with Russia and the United States in October as diplomatic efforts to end the more than four-and-a-half-year war regain momentum. Kyrylo Budanov,...

Trump Backs United Ireland During Dublin Visit

U.S. President Donald Trump said he would love to see Northern Ireland unite with Ireland, breaking with the traditionally neutral position taken by previous U.S. presidents on the politically sensitive issue. Speaking...

BRICS Calls for Restraint as Middle East War Escalates

BRICS leaders unanimously adopted the New Delhi Declaration on Saturday, expressing deep concern over escalating tensions in the Middle East and calling for maximum restraint as fighting between the United States and Iran...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

Hyundai Delays In-House ADAS, Turns to Nvidia

Hyundai Motor Group plans to introduce vehicles running its proprietary driver-assistance software in late 2029, delaying the technology by about two years as the South Korean automaker expands its partnership with Nvidia....

SpaceX Nasdaq 100 Weight Set to More Than Double

SpaceX is poised to receive a substantially larger weighting in the Nasdaq 100 later this month, potentially driving billions of dollars in purchases by passive investment funds that track the technology-heavy index....

Meta’s AI Shopping Push Grows as Agentic Commerce Remains Below 1%

Agentic commerce still accounts for less than 1% of overall e-commerce activity, despite a wave of new AI shopping agents from Meta, Anthropic and other technology companies. Meta this week launched Muse, a personal AI...

OpenAI Rules Out 2026 IPO as Altman Prioritizes AI Safety

OpenAI will not pursue an initial public offering in 2026 as the artificial intelligence company focuses on mounting safety and alignment challenges, CEO Sam Altman said in an interview with Fortune published Saturday....

OpenAI Agents Linked to RubyGems Cyberattack

OpenAIs AI agents were involved in a previously undisclosed cyber incident that disrupted RubyGems, a widely used software package distribution service, in May, according to a Wall Street Journal report. OpenAI confirmed...
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