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FxWirePro: Bulls see GBP with pinch of salt but hedgers still perceive bearish risks

Nov 14, 2018 08:59 am UTC| Research & Analysis

Yesterday, GBP against USD and EUR reached highs of 1.3047 and 0.8655 levels, respectively, owing to the news of a Brexit deal between negotiators. The former fell back to 1.2950 and is currently trading around the 1.30...

Spotlight on Bitcoin Cash Hard-fork Policy and Its Impact on BCHZ18 Futures Contracts

Nov 14, 2018 07:40 am UTC| Research & Analysis Technicals Digital Currency

AlthoughBCHUSDis showing minor rallies (up about 2.03% for the day), the buying sentiments are not convincing as these rallies are not backedby the momentum and trend indicators (refer daily chart). Moreover, bears of this...

FxWirePro: EUR/NZD finds strong support at 110W EMA at 1.6659, break below to see further weakness

Nov 14, 2018 06:54 am UTC| Technicals Research & Analysis

EUR/NZD chart on Trading View used for analysis EUR/NZD is extending weakness for the 3rd straight week. Focus on German and EZ GDP data. The pair has paused downside at strong support at 110W EMA at 1.6659....

Bullish/bearish scenarios of Sterling amid brexit deadlock - GBP/USD OTC indications and hedging perspective

Nov 14, 2018 06:52 am UTC| Research & Analysis

Bearish GBPUSD scenarios: 1) A no-deal Brexit (GBP -10%). 2) PM May resigns and/or is replaced by a harder-Brexiteer following the defeat of a Brexit motion in parliament, opening way to #1. Bullish GBPUSD...

FxWirePro: EUR/CHF rejected at session highs, break below cloud to see further weakness

Nov 14, 2018 06:32 am UTC| Technicals Research & Analysis

EUR/CHF chart on Trading View used for analysis EUR/CHF edges lower from session highs at 1.1392, bias bearish. Recovery attempts lack traction and are capped at daily cloud. Momentum studies are biased lower...

FxWirePro: NZD/CAD 200-DMA breakout raises scope for upside, 61.8% Fib at 0.9061 in sight, stay long

Nov 14, 2018 05:11 am UTC| Technicals Research & Analysis

NZD/CAD chart on Trading View used for analysis NZD/CAD has broken stiff resistance at 200-DMA raising scope for further upside. Technical studies are supportive of further gains. Momentum with the...

FxWirePro: USD/JPY rangebound below 114 handle, focus on U.S. CPI data for impetus

Nov 14, 2018 04:52 am UTC| Technicals Research & Analysis

USD/JPY chart on Trading View used for analysis USD/JPY is trading in a narrow range below 114 handle. Intraday bias remains neutral. Equity markets mostly higher, but UST yields retreated, with the benchmark...

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Economy

Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts

White House economic advisor Kevin Hassett said President Donald Trump is correct in claiming inflation is low, despite official data, public sentiment, and many economists suggesting otherwise. Speaking on Fox Business,...

U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness

U.S. stocks closed higher on Friday, recovering from a volatile start to the week as gains in technology and AI-related shares outweighed sharp declines in consumer stocks such as Nike. Major indexes finished in positive...

EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks

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Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets

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Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns

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Politics

U.S. Pushes New Gaza Governance Plan With International Force to Secure Ceasefire

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U.S. Intelligence Warns Putin Still Seeks Full Control of Ukraine Despite Peace Talks

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U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

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Trump Signals Push for Lower Health Insurance Prices as ACA Premium Concerns Grow

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Epstein Files Released by DOJ Spotlight Bill Clinton, Raise Questions Over Trump Mentions

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Science

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

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

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Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

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Technology

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...
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