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Mon, Dec 15, 2025 01:05 AM All times are UTC

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FxWirePro: EUR/AUD holds minor support at 1.48, break below could see further drag

Jun 13, 2017 09:37 am UTC| Technicals

EUR/AUD rejected at lows, edges higher from session lows at 1.4800 to currently trade at 1.4865 levels. The single currency muted to downbeat German economic sentiment for June which came in at 18.6 vs. 21.5...

FxWirePro: USD/CAD trades lower on hawkish BOC, good to sell on rallies

Jun 13, 2017 09:02 am UTC| Technicals

Canadian dollar shown a huge jump against U.S dollar after breaking 1.338 level. Loonie declined sharply till 1.32614 after BOC signals rate hike. It is currently trading around 1.32585. Canadian dollar trades higher...

FxWirePro: Sell EUR/USD on rallies

Jun 13, 2017 08:58 am UTC| Technicals

EUR/USD shown a minor recovery from the low of 1.11664. The pair awaits US Fed monetary policy meeting which concludes on Wednesday for further direction. It is currently trading around 1.11922. Fed is expected to...

FxWirePro: Swedish krona appreciates sharply after CPI data

Jun 13, 2017 08:24 am UTC| Technicals

EUR/SEK is currently trading around 9.7485 levels. It made intraday high at 9.7999 and low at 9.7440 levels. Intraday bias remains bearish till the time pair holds key resistance at 9.8010 mark. A sustained...

FxWirePro: USD/JPY finds stiff resistance at 200-DMA (110.40), bias neutral

Jun 13, 2017 07:30 am UTC| Technicals

USD/JPY retraces previous sessions losses, edges above 5-DMA at 110.05. USD buying picks-up pace across the board as markets head into a 2-day FOMC meeting that commences today. High probability of Greenback...

FxWirePro: USD/INR hovers around key resistance at 64.52 mark, consistent close above targets 64.72 mark

Jun 13, 2017 07:10 am UTC| Technicals

USD/INR is currently trading around 64.44 marks. It made intraday high at 64.50 and low at 64.38 marks. Intraday bias remains bearish till the time pair holds key resistance at 64.52 marks. Key resistances...

FxWirePro: GBP/NZD fails to hold break above 200-DMA, good to short rallies

Jun 13, 2017 06:43 am UTC| Technicals

The Sterling remains on the defensive ahead of UK inflation data due later in the EU session. GBP/NZD is in the red for the fourth successive week, more downside on cards. Ichi cloud weighs on the upside on...

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Economy

Russia Stocks End Flat as Energy and Retail Shares Show Mixed Performance

Russian stocks closed mixed after Saturdays trading session on the Moscow Exchange, with the benchmark MOEX Russia Index finishing unchanged at 0.00%. Despite the flat headline performance, individual stocks showed varied...

Global Markets Slide as Tech Stocks Sink, Yields Rise, and AI Concerns Deepen

Global financial markets ended Friday on a weaker note as major stock indexes declined, led by a sharp selloff in technology shares amid renewed skepticism over artificial intelligence investments. Rising U.S. Treasury...

Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026

The Federal Reserves latest policy signals suggest that interest rates are now close to neutral, raising the bar for additional rate cuts in 2025 and beyond. This shift implies restraint rather than rescue from the central...

S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally

U.S. stocks closed sharply lower on Friday as a selloff in technology shares, led by semiconductor companies, weighed heavily on broader markets and dampened enthusiasm around the artificial intelligence trade. The...

Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly

Federal Reserve Bank of San Francisco President Mary Daly said she supported cutting interest rates at this weeks Federal Open Market Committee (FOMC) meeting, highlighting the central banks effort to carefully balance...

Politics

Hong Kong Democratic Party Disbands After Member Vote Amid Security Crackdown

Hong Kongs last major opposition party, the Democratic Party, has voted to disband, marking a significant moment in the citys political history and underscoring the impact of Chinas national security crackdown on liberal...

Ukraine’s NATO Concession Unlikely to Shift Peace Talks, Experts Say

Ukraines recent offer to abandon its long-standing ambition to join NATO is unlikely to have a major impact on ongoing peace talks with Russia, according to several foreign policy and security experts. During discussions...

Thousands Protest in Brazil Against Efforts to Reduce Jair Bolsonaro’s Prison Sentence

Thousands of Brazilians took to the streets on Sunday in major cities to protest a controversial legislative effort aimed at reducing the prison sentence of former President Jair Bolsonaro and his supporters for plotting...

Zelenskiy Signals Willingness to Drop NATO Bid as Ukraine, U.S. Hold Crucial Peace Talks in Berlin

Ukrainian President Volodymyr Zelenskiy has indicated a major shift in Ukraines long-standing foreign policy by offering to drop the countrys aspirations to join NATO, as part of renewed efforts to end the war with Russia....

Belarus Frees Opposition Leaders Maria Kalesnikava and Viktar Babaryka in U.S.-Brokered Deal

Two of Belaruss most prominent opposition figures, Maria Kalesnikava and Viktar Babaryka, have spoken publicly after being released from prison following a deal brokered by the United States, saying they have no regrets...

Science

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

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

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

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

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

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles

SpaceX has reportedly begun the early stages of preparing for a potential initial public offering (IPO), marking a significant milestone for the private aerospace company founded by Elon Musk. According to a report from...

SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation

SpaceX, the aerospace company founded by Elon Musk, has reportedly authorized an insider share sale that places its valuation at approximately $800 billion, according to a Bloomberg News report published Friday. The move...

Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand

Mizuho Securities has raised its price target on Broadcom Inc. (NASDAQ: AVGO), highlighting accelerating momentum in the companys artificial intelligence business and a rapidly expanding long-term backlog. The brokerage...

Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform

Atlassian Corps popular work management software Trello experienced a service disruption on Friday, leaving a number of users unable to access the platform. The outage was flagged by internet monitoring service...

Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns

Intel has tested advanced chipmaking equipment this year from ACM Research, a semiconductor toolmaker with deep operational ties to China, according to sources familiar with the matter. The move has drawn scrutiny because...