Menu

Search

FX Hedging Strategy Series

FxWirePro: GBP/JPY IVs accelerate sky rocketed pace ahead of BoE - hedge downside risks using Vega ATM puts in backspreads

Mar 17, 2016 06:37 am UTC| Technicals

Please have a glance on how implied volatilities of ATM puts of 1D and 1W expiries are acting crazily in OTC markets, 20.36% and 13.09% respectively ahead of Bank of Englands monetary policy which is most likely to be...

FX Hedging Strategy Series

FxWirePro: GBP/JPY’s downtrend to prolong after brief upswing – stay short via binaries and futures contracts

Mar 17, 2016 06:07 am UTC| Technicals

The pair has rejected the resistances at 164.036 and 162.072 levels. The current prices have drifted below 7 21DMAs, so downtrend would likely continue in long run. Selling momentum is intensified as we can make out...

GBP/JPY breaks major support 159.50, targets 158/156.50

Mar 17, 2016 05:55 am UTC| Technicals

Major support 159.50 Major intraday resistance 161.05 (55 day 4 H EMA) The pair has retreated after making a high of 161.03. It is currently trading around 159.43. Any break below 159.50 confirms major...

FxWirePro: EUR/JPY rejected at 126.62 (strong trendline resistance), good to sell rallies

Mar 17, 2016 05:13 am UTC| Technicals

EUR/JPY has been rejected at highs by 126.62, strong trendline resistance seen at 126.60 levels. Pair has been rejected multiple times at trendline since Mar 11th trade. Only breaks above could see further...

FxWirePro: NZD/USD extends rally on the 0.67 handle, break above 0.6785 resistance to test 0.6835 levels

Mar 17, 2016 04:37 am UTC| Technicals

Kiwi rallied against the US Dollar buoyed by a more dovish than anticipated FOMC statement and upbeat NZ GDP data. New Zealand Q4 GDP arrived at +0.9% q/q vs the +0.6% expected vs. 0.9% prior, and y/y actual at 2.3%...

USD/MYR hits 6 -month low, intraday bias remains bearish

Mar 17, 2016 04:29 am UTC| Technicals

Pair is currently trading around 4.0840. It made intraday high at 4.0933 and low at 4.0688 levels. Intraday bias remains bearish till the time pair holds key resistance at 4.1235. A sustained break above key...

FxWirePro: AUD/USD breaks above 0.76 barrier, good to buy dips

Mar 17, 2016 04:05 am UTC| Technicals

AUD bulls ignore poor show in the Australian jobs data, push higher to break the 0.76 handle after a surprisingly dovish FOMC. Australias Bureau of Statistics reveled a 0.3k increase in total employment (seasonally...

  6681 6682 6683 6684 6685 6686 6687 6688 6689 6690   

Economy

German Exports to the U.S. Decline Sharply as Tariffs Reshape Trade in 2025

German exports to the United States recorded a significant downturn in 2025, underscoring the lasting impact of U.S. trade policies on Europes largest economy. According to a study cited by Reuters, German car exports to...

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....

Politics

Trump Appoints Louisiana Governor Jeff Landry as Special Envoy to Greenland

U.S. President Donald Trump announced on Sunday that Louisiana Governor Jeff Landry has been appointed as a special envoy to Greenland, a move that has reignited global attention on the strategic Arctic territory and its...

ASEAN Pushes to Revive Thailand–Cambodia Ceasefire as Border Conflict Intensifies

Southeast Asian foreign ministers convened in Malaysia on Monday in a renewed diplomatic effort to restore a fragile ceasefire between Thailand and Cambodia after nearly two weeks of intense border fighting. The conflict,...

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...

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

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...

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...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.