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FxWirePro: USD/JPY stabilises around fresh -5 week low after NFP job results, 105.54 mark in focus

Jun 06, 2016 01:28 am UTC| Technicals

USD/JPY is currently trading around 106.71 marks. It made intraday high at 106.87 and low at 106.35 levels. Intraday bias remains bearish till the time pair holds key resistance at 107.94 marks. A daily...

FxWirePro: GBP/USD regains upwards momentum but reversal likely

Jun 03, 2016 19:21 pm UTC| Technicals

Sterling rose sharply against the dollar on Friday after a disappointing U.S. jobs report sent the greenback lower, helping the pound cut down losses incurred earlier this week on worries about Britains future in the...

FxWirePro: USD/JPY neutral near-term, scope for downward resumption

Jun 03, 2016 18:20 pm UTC| Technicals

The USD/JPY pair sunk sharply towards lower levels on Friday, as the data showed US employment data came below expectation attracting investors back in the safe heaven Japanese yen. The Japanese yen also attracted...

CHF/JPY Trade Idea

Jun 03, 2016 12:14 pm UTC| Technicals

Pattern Formed- M-Shaped Pattern Major support- 109.60 The pair has broken major support 110.20 and declined till 109.60 at the time of writing. Any break below 110.20 will drag the pair down till 108.90...

FxWirePro: AUD/USD struggles at 200-DMA, markets cautious ahead of US NFP data

Jun 03, 2016 11:57 am UTC| Technicals

AUD/USD continues to struggle below 200-DMA as markets remain cautious ahead of crucial US non-farm payrolls data. Concerns over Chinese economic slowdown continues to weigh on the Aussie. Data released earlier...

DXY:2618 trade setup

Jun 03, 2016 11:40 am UTC| Technicals

Chart pattern formed- Double top Major resistance- 96 DXY has declined till 95.15 (100 4H EMA) and started to jump from that level. It is currently trading around 95.61. The major intraday resistance is...

ETH/USD trades slightly weak, decline till $13/$12.55 is possible

Jun 03, 2016 10:15 am UTC| Technicals

Major intraday support - $13.40 (23.6% retracement of $10.29 and $14.39) Major resistance- $14.40 (31st May high) The pair is facing minor intradayresistance of $14 for the day and any break above will take the...

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Economy

India's Central Bank Holds Rates Amid Iran War Energy Shock

Indias Reserve Bank of India (RBI) is widely expected to maintain its benchmark repo rate at 5.25% this Wednesday, as policymakers carefully monitor the economic ripple effects of the ongoing Iran war. The conflict has...

Oil Crisis Escalates: Trump Threatens Iran as Strait of Hormuz Closure Pushes Prices Above $110

Oil prices briefly surged past $110 per barrel on Monday after President Donald Trump escalated military and diplomatic pressure on Iran, demanding the reopening of the Strait of Hormuz by Tuesday evening or face strikes...

Asian Currencies Waver as Dollar Holds Firm Amid Middle East Tensions

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Bank of Japan Warns of Regional Economic Risks Amid Middle East Conflict and Rising Oil Prices

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India's Services Sector Growth Slows to 14-Month Low in March Amid Rising Costs

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Politics

Indonesia Files Genocide Case Against Myanmar's Min Aung Hlaing Over Rohingya Crisis

A coalition of civil society organizations filed a landmark criminal complaint in Indonesia on Monday against Myanmars newly elected President Min Aung Hlaing, accusing him of committing genocide against the Rohingya...

Ukrainian Drone Strikes Hit Novorossiysk, Injuring Eight and Cutting Power Across Russia

At least eight people, including two children, were injured Monday after Ukrainian drones struck Novorossiysk, a major Russian Black Sea port city. Local authorities confirmed that several residential buildings sustained...

Trump Endorses Steve Hilton for California Governor

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Iran-US Ceasefire Talks: Pakistan Brokers "Islamabad Accord" to Reopen Strait of Hormuz

Pakistan is playing a central role in high-stakes diplomatic efforts to end hostilities between Iran and the United States, with a proposed peace framework now on the table that could reopen the critical Strait of Hormuz...

Kim Jong Un's Daughter Emerges as North Korea's Likely Successor, South Korean Intelligence Says

South Koreas National Intelligence Service (NIS) has concluded that Kim Jong Uns teenage daughter, believed to be around 13 years old and named Ju Ae, is being actively positioned as the next leader of North Korea. Unlike...

Science

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

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...

Technology

Britain Courts Anthropic Amid US Defense Department Dispute

The United Kingdom is actively working to attract Anthropic, the company behind the popular Claude AI app, to expand its footprint in the country. This diplomatic push comes as Anthropic finds itself in the middle of a...

OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO

OpenAI is navigating a significant leadership restructuring at one of the most pivotal moments in its history. The AI powerhouse confirmed that Chief Operating Officer Brad Lightcap is transitioning into a newly created...

Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions

Elon Musk is reportedly making Grok subscriptions a prerequisite for banks and advisers involved in SpaceXs highly anticipated initial public offering. According to the New York Times, citing insiders familiar with the...

MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown

A bipartisan group of U.S. lawmakers has unveiled the MATCH Act, a landmark piece of draft legislation designed to tighten export restrictions on advanced semiconductor manufacturing equipment destined for China. The...

Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push

Microsoft is set to pour approximately $10 billion into Japan between now and 2029, channeling funds into data center expansion and artificial intelligence infrastructure to meet the countrys growing demand for data...
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