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Mon, Dec 22, 2025 05:54 AM All times are UTC

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FxWirePro: NZD/JPY slips below 5-DMA, scope for test of 75 levels

Mar 21, 2016 07:38 am UTC| Technicals

NZD/JPY upside stalls at strong trendline resistance, pair slips below 5-DMA support at 75.52. Daily cloud (currently spanning 76.25 - 78.28) also strong resistance for upside in the pair. Major moving averages...

Silver rejects $16.00 mark, intraday bias remains slightly bearish

Mar 21, 2016 07:25 am UTC| Technicals

XAG/USD is currently trading around $15.7160 levels. It made intraday high at $15.83 and low at $15.69 levels. Intraday bias remains bearish for the moment. Silver fails to sustain above 4- month high at...

GBP/USD trades weak on renewed 'Brexit' concern, targets 1.4280

Mar 21, 2016 07:07 am UTC| Technicals

Candle Stick pattern: Doji Major support 1.4400 Major trend reversal level- 1.4520 The pair has made a high of 1.45145 and started to decline from that level. It is currently trading at 1.44160. GBP...

FxWirePro: USD/JPY largely range-bound, sees strong support at 110.75

Mar 21, 2016 06:56 am UTC| Technicals

USD/JPY has bounced off from multi-month lows at 110.66 on 17th March, but is seen strugling to extend gains. The major is extending range trade, and we see further weakness on breach of 110.75 support. CFTC...

FX Hedging Strategy Series

FxWirePro: Long guts combinations for hedging NZD/USD higher IV risks amid monetary policy divergence

Mar 21, 2016 06:55 am UTC| Technicals

We foresee NZD/USD to drift in range as NZ/US monetary policy diverges. A recovery in export prices but decrease in trade surplus would reduce the central banks sensitivity to the currency, support domestic incomes and...

FX Hedging Strategy Series

FxWirePro: NZD/USD jump above 7 & 21DMAs upon supports at 0.6750 but resistance 0.6870 - buy cash-or-nothing-call at every dip for speculation

Mar 21, 2016 06:16 am UTC| Technicals

This APAC pair has tested supports at 0.6750 levels (7DMA is at 0.6732, 7th Mar lows and 4th and 5th of Feb highs), but bearish pressures was also seen at 0.6780 for short term trend as it rejected resistance at this...

CAD/CHF faces strong support at 0.7400, break below targets 0.7285

Mar 21, 2016 06:16 am UTC| Technicals

Major support 0.7400 (trend line joining 0.7333 and 0.7363) The pair has declined till 0.7414 and slightly recovered from that level. It is currently trading around 0.7423. Short term trend is weak as long as...

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Economy

China Keeps Benchmark Lending Rates Steady as Economic Outlook Remains Cautious

China has once again kept its benchmark lending rates unchanged, extending the pause in monetary policy adjustments to a seventh consecutive month in December, in line with broad market expectations. The Peoples Bank of...

Asian Stocks Rise as Wall Street Tech Rally Lifts Markets, Yen Slumps Despite BOJ Rate Hike

Asian share markets moved higher at the start of the week, following strong tech-led gains on Wall Street, while the Japanese yen continued to weaken sharply against major currencies despite a significant interest rate...

China’s Power Market Revamp Fuels Global Boom in Energy Storage Batteries

Chinas sweeping reforms to its electricity market are rapidly transforming the economics of energy storage, driving a surge in both domestic deployment and global exports of battery technology. As international demand for...

Global Demand for Yuan Loans and Bonds Surges as China Pushes Currency Internationalization

Global investors and borrowers are increasingly turning to the Chinese yuan as lending and financing activity accelerates, driven by attractive pricing and Chinas long-term push to internationalize its currency....

Silver Prices Hit Record High as Geopolitical Tensions Fuel Safe-Haven Demand

Silver prices surged to a record high during early Asian trading on Monday, driven by escalating geopolitical tensions that boosted demand for safe-haven assets across global markets. Concerns over renewed hostilities...

Politics

NSW Parliament Recalled After Bondi Beach Shooting to Debate Stricter Gun Laws and Protest Limits

Australias New South Wales state parliament was recalled on Monday for an urgent two-day session to debate proposed new laws that would significantly tighten firearm ownership, ban the public display of terror symbols, and...

U.S. Coast Guard Pursues Sanctioned Oil Tanker Near Venezuela Amid Rising Geopolitical Tensions

The U.S. Coast Guard is actively pursuing a sanctioned oil tanker in international waters near Venezuela, according to U.S. officials cited by Reuters, marking what could become the third such operation in less than two...

Niigata Set to Approve Restart of Japan’s Largest Nuclear Power Plant in Major Energy Shift

Japan is approaching a pivotal moment in its post-Fukushima energy policy as the Niigata regional assembly is expected to endorse the restart of the Kashiwazaki-Kariwa nuclear power plant, the largest nuclear facility in...

Justice Department Restores Trump Photo in Epstein Files After Review Clears Image

The U.S. Department of Justice confirmed on Sunday that a photo involving President Donald Trump, which had briefly been removed from the cache of Jeffrey Epstein-related documents, was restored after an internal review...

U.S., Europe, Ukraine Hold Productive Florida Talks on Ending Russia-Ukraine War

Senior officials from the United States, Europe, and Ukraine concluded three days of high-level talks in Florida aimed at advancing efforts to end Russias war in Ukraine, with discussions centered on aligning positions and...

Science

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...

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...

Technology

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...