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FxWirePro: EUR/CHF starts the week on a positive note, recovery in global risk sentiment undermines franc's safe-haven demand

Apr 06, 2020 11:34 am UTC| Technicals Research & Analysis

EUR/CHF chart - Trading View EUR/CHF was trading 0.18% higher on the day at 1.0568 at around 10:40 GMT, bias is neutral. Recovery in the global risk sentiment undermined the Swiss francs safe-haven...

FxWirePro: Turkish lira at its lowest since August 2018 on worries over coronavirus impact

Apr 06, 2020 10:27 am UTC| Technicals

The Turkish Lira slumped to an over 1-1/2 year trough as the spread of the coronavirus weighed on sentiment. Investors remain fretted over the countrys ability to cope with the economic and financial impact of the...

FxWirePro: USD/DKK extends gains, likely to break above 6.9440

Apr 06, 2020 08:58 am UTC| Technicals

The Danish Krone declined, extending losses for the sixth straight session, on soft industrial production figures. Denmarks industrial production declined 1.2 percent year-on-year in February, following an upwardly...

FxWirePro: AUD/JPY finds stiff resistance at 21-EMA at 66.48, good to short upticks

Apr 06, 2020 08:37 am UTC| Technicals Research & Analysis

AUD/JPY chart - Trading View AUD/JPY was trading 1.63% higher on the day at 66.025 at around 08:20 GMT after closing 0.55% lower in the previous session. The pair has broken above 5-DMA and is consolidating break...

FxWirePro: USDCHF Daily Outlook

Apr 06, 2020 08:29 am UTC| Technicals

Ichimoku Analysis (Daily Outlook) Tenken-Sen- 0.96749 Kijun-Sen- 0.95420 USDCHF continues to trade higher for 6th consecutive days and jumped more than 250 pips. The jump was mainly due to broad-based...

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

Apr 06, 2020 07:58 am UTC| Technicals

Ichimoku Analysis (Daily chart) Tenken-Sen- 112.14 Kijun-Sen- 111.77 CHFJPY has recovered sharply more than 150 pips till 111.90. The jump was mainly due to weakness in Yen. USDJPY surged more than 200...

FxWirePro: AUD/USD Hanging Man Resumes Minor Downtrend, Double Top Prolongs Major Downtrend – Trading & Hedging Setup

Apr 06, 2020 06:20 am UTC| Technicals

AUDUSDshort-term trend: The pair has formed hanging man pattern at peaks of rallies at 0.6168 levels (refer daily chart). Consequently, bears resume the minor downtrend upon this bearish formation after brief rallies, the...

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Economy

Goldman Sachs Sees Fed Holding Interest Rates Steady Until 2027

Goldman Sachs has revised its outlook for U.S. monetary policy, predicting that the Federal Reserve will keep interest rates unchanged through 2026 and postpone any rate cuts until 2027. The updated forecast reflects...

Indonesia Plans Higher Asset Yields to Boost Rupiah and Restore Investor Confidence

Indonesias central bank and finance ministry have agreed to increase yields on Indonesian financial assets in an effort to attract foreign portfolio inflows and strengthen the rupiah, which has recently fallen to record...

Asian Currencies Stabilize as Strong U.S. Jobs Data Boosts Dollar and Fed Rate Hike Expectations

Asian currencies traded mostly steady on Monday after suffering losses in the previous session, as investors assessed the implications of stronger-than-expected U.S. employment data and rising geopolitical tensions in the...

China’s Cross-Border E-Commerce Faces Rising Costs and Slower Growth in 2026

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Dollar Near Two-Month High as Strong U.S. Jobs Data Boosts Fed Rate Hike Expectations

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Politics

Peru Presidential Election Too Close to Call as Ipsos Quick Count Shows Statistical Tie

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Trump Says Iran Sanctions and Frozen Assets Will Remain Until Peace Deal Is Reached

U.S. President Donald Trump has stated that the United States will not unfreeze Iranian assets or lift sanctions on Iran until a formal peace agreement is finalized. In an interview with NBC News Meet the Press, Trump...

Trump Urges Restraint as Israel-Iran Tensions Threaten Fragile Peace Talks

U.S. President Donald Trump has reportedly urged Israeli Prime Minister Benjamin Netanyahu not to launch a retaliatory strike against Iran following a new missile exchange that threatens ongoing efforts to secure a broader...

Xi Jinping Visits North Korea as Kim Jong Un Strengthens Position with Russia and Nuclear Expansion

Chinese President Xi Jinping arrived in Pyongyang for a two-day state visit, marking his first trip to North Korea in seven years. The visit comes as North Korean leader Kim Jong Un appears increasingly confident, backed...

Starmer Hosts Zelenskiy, Macron and Merz for Ukraine Peace and Security Talks in London

British Prime Minister Keir Starmer welcomed Ukrainian President Volodymyr Zelenskiy, French President Emmanuel Macron, and German Chancellor Friedrich Merz to Downing Street on Sunday for high-level discussions focused on...

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

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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

Nvidia Expands South Korea AI Partnerships to Strengthen Data Center and Memory Chip Supply

Nvidia has announced a series of strategic partnerships with leading South Korean technology companies as the AI chip giant seeks to strengthen its supply chain and accelerate the growth of its artificial intelligence...

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...

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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