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Sun, Feb 08, 2026 03:17 AM All times are UTC

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FxWirePro: USD/TRY hits fresh 5-day high at 2.9504, bias turns to bullish again

Aug 22, 2016 08:51 am UTC| Technicals

USD/TRY is currently trading at 2.9465 levels. It made intraday high at 2.9504 and low at 2.9203 levels. Intraday bias remains bullish till the time pair holds key support at 2.9171 marks. A sustained close...

FxWirePro: USD/CNY hits fresh 4-week high at 6.6659, PBOC sets yuan mid-point at 6.6652

Aug 22, 2016 08:07 am UTC| Technicals

USD/CNY is currently trading around 6.6596 marks. It made intraday high at 6.6659 and low at 6.6478 levels. Intraday bias remains bullish till the time pair holds key support at 6.6253 marks. On the top...

US Oil: Sell below ($47.90)

Aug 22, 2016 07:47 am UTC| Technicals

Major support - $47.90. Major resistance - $49. US oil has jumped continuously for a third straight week on account of continuing buzz that OPEC and other major producers may be nearing a deal to curb...

FX Hedging Strategy Series

FxWirePro: USD/ZAR forms “hammer”, upswings spike above 7DMA as bears begin booking profits – Stay hedged as long term bearish rout remains intact

Aug 22, 2016 07:44 am UTC| Technicals

In this write-up, weve emphasized more on long-term prospects of USDZAR without disregarding short term trend as well. The pair began spiking again after the formation of hammer pattern candle at 13.3505 levels (see...

S&P500: Bearish divergence and 161.8% retracement

Aug 22, 2016 06:57 am UTC| Technicals

Major resistance- 2201 (161.8% retracement of 2120 and 1989). Major support -2172 (trend line joining 2147 and 2168). Pattern formed- Bearish Divergence (RSI and CCI(50). SP500 has made a temporary top...

GBP/JPY: Buy above break out (131.70)

Aug 22, 2016 06:53 am UTC| Technicals

Major resistance 132.40 (23.6% retracement of 143.23 and 129.06 and also 14 day EMA). The pair has recovered sharply till 131.65 after making a low of 130.34 at the time of writing. It is currently trading around...

FxWirePro: EUR/SEK remains well supported above 9.49 mark, good to buy on dips

Aug 22, 2016 06:49 am UTC| Technicals

EUR/SEK is currently trading around 9.4939 levels. It made intraday high at 9.4995 and low at 9.4700 levels. Intraday bias remains bullish till the time pair holds key support at 9.4637 marks. A daily close...

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Economy

India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out

India and the United States have taken a significant step toward strengthening bilateral trade ties with the release of an interim trade framework that includes major tariff reductions on high-end American automobiles and...

Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality

Donald Trump has positioned himself as the Republican Partys chief voice on the cost of living during a pivotal election year, but a Reuters review of his recent speeches shows a growing disconnect between his rhetoric and...

South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom

South Africa is keen to make use of potential new European Central Bank (ECB) repo liquidity lines, according to central bank governor Lesetja Kganyago, as the country continues to navigate easing inflation and a gradual...

Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength

Russian stocks finished the latest trading session on a mixed note, with the MOEX Russia Index closing flat as gains in select blue-chip shares were offset by losses in others. At the close of trading in Moscow, the...

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

Politics

Jack Lang Resigns as Head of Arab World Institute Amid Epstein Controversy

Jack Lang, a prominent French political figure and former culture minister under President François Mitterrand, has stepped down from his role as president of the Arab World Institute in Paris following mounting...

US Pushes Ukraine-Russia Peace Talks Before Summer Amid Escalating Attacks

The United States is pressing Ukraine and Russia to reach an agreement to end the war before the start of summer, Ukrainian President Volodymyr Zelenskiy said following two days of U.S.-brokered talks held in Abu Dhabi....

Netanyahu to Meet Trump in Washington as Iran Nuclear Talks Intensify

Israeli Prime Minister Benjamin Netanyahu is expected to meet U.S. President Donald Trump in Washington on Wednesday, with Irans nuclear program and regional security topping the agenda. The meeting comes amid renewed...

Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape

U.S. President Donald Trump has publicly endorsed a proposed merger between Nexstar Media Group and Tegna, signaling renewed political attention on the future of local television broadcasting. In a post shared Saturday on...

Japan Election 2026: Sanae Takaichi Poised for Landslide Win Despite Record Snowfall

Japanese voters headed to the polls on Sunday in a rare winter election that could deliver Prime Minister Sanae Takaichi a commanding mandate, even as record snowfall threatened to suppress turnout in parts of the country....

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

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...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....