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FxWirePro: GBP/CHF edges lower from session highs, UK Final Manufacturing PMI for July misses estimates

Aug 03, 2020 11:26 am UTC| Technicals

GBP/CHF chart - Trading View GBP/CHF was trading 0.09% higher on the day at 1.1952 at around 11:15 GMT. The pair has erased gains and has slipped lower from session highs at 1.2035 after UK Final Manufacturing PMI...

FxWirePro: Sell EURUSD on rallies

Aug 03, 2020 09:45 am UTC| Technicals

Candlestick pattern- Bearish engulfing Ichimoku Analysis (4-hour chart) Tenken-Sen- 1.18248 Kijun-Sen- 1.18039 EURUSD continues to trade weak after hitting a 2-year high 1.19050 despite strong Eurozone PMI....

FxWirePro: FTSE100 hits 6-week low on second wave corona, good to sell on rallies

Aug 03, 2020 09:17 am UTC| Technicals

Ichimoku Analysis (Daily chart) Tenken-Sen- 6090 Kijun-Sen- 6094 FTSE100 continues to trade weak for 2nd consecutive week and hits 6-week low at 5857. The fear of the second wave of coronavirus and UK and...

FxWirePro: USDCHF Daily outlook

Aug 03, 2020 08:41 am UTC| Technicals

Ichimoku Analysis (4-hour chart) Tenken-Sen- 0.91113 Kijun-Sen- 0.91420 USDCHF recovered more than 100 pips from a low of 0.9050. The break of minor support turned into resistance 0.9160 shows that...

Ichimoku Analysis (4-hour chart) Tenken-Sen- 0.91113 Kijun-Sen- 0.91420 USDCHF recovered more than 100 pips from a low of 0.9050. The break of minor support turned into resistance 0.9160 shows that decline form 0.9900 got completed at 0.9050 an

Aug 03, 2020 08:39 am UTC| Technicals

Ichimoku Analysis (4-hour chart) Tenken-Sen- 0.91113 Kijun-Sen- 0.91420 USDCHF recovered more than 100 pips from a low of 0.9050. The break of minor support turned into resistance 0.9160 shows that...

FxWirePro: GBPJPY trades above 200- day MA, jump till 140 likely

Aug 03, 2020 07:43 am UTC| Technicals

Ichimoku Analysis (Daily chart) Tenken-Sen- 137.09 Kijun-Sen- 135.57 GBPJPY is consolidating after hitting a high of 139.20 yesterday. The pair is upside is capped due to weak Pound sterling. GBPUSD...

FxWirePro: EUR/GBP consolidates 'Symmetric Triangle' breach, focus on UK July Manufacturing PMI for impetus

Aug 03, 2020 07:18 am UTC| Technicals

EUR/GBP chart - Trading View EUR/GBP was trading in tight range as we head into the European session, with session high at 0.90 and low at 0.8982. Traders focus on UKs second reading for July month Manufacturing PMI...

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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

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Politics

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

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

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US-Iran Conflict Escalates After Strait of Hormuz Drone Incident

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France, Allies Prepare Coordinated Sanctions Over West Bank Settler Violence

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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

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Trump Administration Releases New UFO Files and Apollo Mission Records

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China vs. NASA: The New Moon Race and What's at Stake by 2030

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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....
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