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FxWirePro: USD/DKK at 1-week peak, likely to continue bullish momentum

Apr 03, 2020 09:59 am UTC| Technicals

The Danish Krone plunged to an over 1-week low as the greenback surged against a basket of currencies. The greenback index is on course for a near 2.6 percent gain over the week as the U.S. Federal Reserve flooded the...

FxWirePro: NZD/USD ignores Doji on Thursday's candle, resumes weakness on broad-based US Dollar strength

Apr 03, 2020 09:58 am UTC| Technicals Research & Analysis

NZD/USD chart - Trading View NZD/USD was trading 1.06% lower on the day at 0.5850 at around 09:40 GMT. The pair has ignored Doji formation in the previous days candle and has resumed downside. US Dollar continues...

FxWirePro: USDCHF holds above 200-4H MA, jump till 0.9845

Apr 03, 2020 09:08 am UTC| Technicals

Ichimoku Analysis (4 -hour) Tenken-Sen- 0.97004 Kijun-Sen- 0.9626 USDCHF trades higher and jumped more than 250 pips from low of 0.9500 levels. The jump was mainly due to broad-based US dollar...

FxWirePro: Sell CHFJPY on rallies

Apr 03, 2020 09:02 am UTC| Technicals

Ichimoku Analysis (4 Hour chart) Tenken-Sen- 110.74 Kijun-Sen- 111.74 CHFJPY has recovered slightly after 5 days of a bearish trend. The pair lost more than 350 pips from a high of 113.99 on account of...

FxWirePro: Gold recovers on Safe-haven demand, break above $1625 targets $1660

Apr 03, 2020 07:58 am UTC| Technicals

Ichimoku Analysis (4-hour chart) Tenken-Sen- $1596 Kijun-Sen- $1602 Gold has shown a nice recovery of more than $40 from $1572 yesterday. But strength in the US dollar despite weak jobless claims is...

FxWirePro: AUD/JPY finds stiff resistance at 65.70, good to go short on upticks

Apr 03, 2020 07:45 am UTC| Technicals Research & Analysis

AUD/JPY chart - Trading View AUD/JPY was trading largely unchanged at 65.35 at around 07:35 GMT, slipping lower from session highs at 65.61. The pair was capped at 5-DMA resistance at 65.64, scope for downside...

FxWirePro: USD/ZAR hits fresh record high to 18.77 as South Africa’s standard bank PMI data misses expectations

Apr 03, 2020 07:43 am UTC| Technicals

USD/ZAR is currently trading around 18.65 levels. It made intraday high at 18.77 and low at 18.44 levels. Intraday bias remains bullish till the time pair holds key support at 18.45 mark. A daily close...

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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

The U.S. dollar remained close to a two-month high on Monday after a stronger-than-expected U.S. jobs report increased market expectations that the Federal Reserve could raise interest rates later this year. The upbeat...

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

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

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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