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FxWirePro: Sell CADJPY on rallies

Aug 11, 2020 16:50 pm UTC| Technicals

Ichimoku Analysis (Daily chart) Tenken-Sen- 78.74 Kijun-Sen- 78.88 CADJPY continues to trade higher for 2nd consecutive days on a strong Canadian dollar. The pair jumped more than 100 pips from the...

FxWirePro: FTSE100 Daily Outlook

Aug 11, 2020 13:06 pm UTC| Technicals

Ichimoku Analysis (4-hour chart) Tenken-Sen- 6104 Kijun-Sen- 6036 FTSE100 has shown a minor recovery on the positive cues of Wall Street. US Treasury Secretary Steven Mnuchin has expressed his willingness...

FxWirePro: USD/SEK halts 3-day rally, likely to break below 8.7000

Aug 11, 2020 11:54 am UTC| Technicals

The Swedish Krona nudged higher, after falling for thee straight sessions, as the greenback eased against a basket of currencies. The dollar index declined from a 1-week peak as sparring continued in the U.S....

FxWirePro: Norwegian Krone gains as crude oil rallies on hopes of demand recovery

Aug 11, 2020 11:19 am UTC| Technicals

The Norwegian Krone surged, halting a 3-day losing streak as oil prices rallied, while the greenback eased against a basket of currencies. Crude oil prices surged, extending previous session gains, underpinned by...

FxWirePro: USD/DKK retreats from 1-week peak, faces strong resistance at 21-EMA

Aug 11, 2020 10:39 am UTC| Technicals

The Danish Krone rebounded from a 1-week trough hit earlier in the session as the greenback eased across the board. The dollar index declined following a stalemate in the U.S. Congress over fiscal...

FxWirePro: GBPJPY downside capped by 200- day MA, good to buy on dips

Aug 11, 2020 10:00 am UTC| Technicals

Ichimoku Analysis (Daily chart) Tenken-Sen- 137.45 Kijun-Sen- 136.60 GBPJPY recovered sharply more than 100 pips from yesterdays low of 137.84. The pound sterling showed a minor jump after mixed UK...

FxWirePro: EUR/JPY holds gains, upbeat German ZEW Economic Sentiment data boosts euro

Aug 11, 2020 09:49 am UTC| Technicals

EUR/JPY chart - Trading View EUR/JPY extends gains after upbeat German ZEW Economic Sentiment data boosts euro. The German ZEW Economic Sentiment came out at 71.5 points in August, above expectations, and rising from...

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Economy

Goldman Sachs Sees U.S. Dollar Holding Firm as Strong Economic Data Supports Outlook

Goldman Sachs expects the U.S. dollar to remain supported by strong economic fundamentals, although improving global risk sentiment and resilient foreign currencies may limit additional gains. The bank noted that recent...

Canada-Indonesia Trade Pact Gains Momentum as Carney and Prabowo Discuss Economic Cooperation

Canadian Prime Minister Mark Carney and Indonesian President Prabowo Subianto held talks on Saturday to discuss the ongoing conflict in the Middle East and its potential effects on global energy markets and the broader...

US Weighs Using Frozen Iranian Assets to Rebuild Gulf Infrastructure After Regional Attacks

The United States is reportedly considering a plan to redirect frozen Iranian assets to help Gulf allies rebuild infrastructure damaged in recent attacks linked to Tehran, according to a Reuters report published on...

US-Iran Gulf Clash Raises Oil Market and Defense Stock Concerns

A fresh military confrontation between the United States and Iran has intensified concerns over global oil supplies, defense sector performance, and Middle East security. According to reports citing U.S. Central Command...

Oil Prices Slip but End Two-Week Losing Streak as Middle East Tensions Persist in 2026

Global oil prices moved lower on Friday after operations resumed at Omans key Mina al Fahal oil terminal following reports of a drone-related incident. Despite the daily decline, both Brent crude and West Texas...

Politics

MOL Gets More Time to Negotiate Acquisition of Russian-Owned Stake in Serbia’s NIS

Hungarian energy giant MOL has received additional time from the United States government to continue negotiations over the potential acquisition of a majority stake in Serbias oil company NIS, a deal that would reduce...

Princess Anne’s Son Peter Phillips Marries Harriet Sperling at Royal Wedding in England

Peter Phillips, the eldest grandson of the late Queen Elizabeth II, married pediatric nurse Harriet Sperling in a private royal wedding ceremony attended by King Charles III and several senior members of the British royal...

US-Iran Conflict Escalates After Strait of Hormuz Drone Incident

The United States and Iran moved closer to a broader confrontation after U.S. forces struck Iranian coastal radar and surveillance facilities following the interception of drones near the Strait of Hormuz. According to...

France, Allies Prepare Coordinated Sanctions Over West Bank Settler Violence

France is working with several partner countries to increase pressure on Israel by advancing coordinated national sanctions against individuals accused of involvement in violence in the occupied West Bank. According to...

Gaza Ceasefire Talks Resume as Israeli Strike Kills Seven Palestinians

An Israeli airstrike killed at least seven Palestinians, including two women, in Gaza City on Saturday, according to local health officials, as renewed Gaza ceasefire talks began in Cairo aimed at preserving the fragile...

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

Bouygues, Orange and Iliad Strike €20.35 Billion Deal to Acquire SFR

Frances telecom sector is on the verge of a major transformation after Bouygues Telecom, Orange, and Free, part of the Iliad Group, signed a memorandum of understanding (MoU) with Altice France to acquire telecom operator...

Apollo and Blackstone Complete $35 Billion Anthropic AI Infrastructure Financing Deal

Apollo Global Management (NYSE: APO) and Blackstone (NYSE: BX) have completed a landmark $35 billion financing package for artificial intelligence company Anthropic, marking one of the largest private credit transactions...

US Officials Explore AI Company Equity Stakes Ahead of OpenAI and Anthropic IPO Plans

Senior U.S. government officials have reportedly held preliminary discussions with leading artificial intelligence companies regarding the possibility of the federal government acquiring equity stakes in their businesses....

Switch Eyes Multi-Billion-Dollar Funding Round at $50 Billion Valuation Ahead of Potential IPO

Data center operator Switch is reportedly in discussions to raise billions of dollars in a new funding round that could value the company at more than $50 billion, according to a report from The Information. The potential...

South Korea Weighs AI Profit Sharing as Samsung and SK Hynix Earnings Surge

South Koreas Labor Minister Kim Young-hoon has called for a national discussion on how to distribute the extraordinary profits generated by the countrys booming artificial intelligence (AI) and semiconductor industries....