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Sun, Oct 06, 2024 02:37 AM All times are UTC

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USD/JPY reverses outlier to 118.88

Feb 18, 2015 04:18 am UTC| Technicals

USD/JPY saw an outlier down to 118.88 post-BoJ. All orders expected to be off, blamed by a trade or two in thin conditions. Time down on 118-handle less than 10 minutes, market 119.00+ since. USD/JPY...

USD/SGD looks for breakout above 1.3576-77

Feb 18, 2015 04:08 am UTC| Technicals

USD/SGD makes way towards crowded tops around 1.3576-77 Break above required to return to 1.3627 high on 11 Feb Bullish USD bias ahead of FOMC minutes, USD/CNH underpin USD/SGD last 1.3570-74, traded...

USD/CNH sees light volumes, but positive signals

Feb 18, 2015 03:54 am UTC| Technicals

+50pts in Asia - opened +100pts, as rebound extends towards 6.2900 Pairs rebound leaves momentum studies, 5, 10 20 dmas moving higher Positive setup - targets 6.2898 2015, then 6.3495 50% 2011/14...

AUD/USD moving higher as 20-day MA gives way

Feb 18, 2015 03:08 am UTC| Technicals

AUD/USD has moved above the 20-day MA for first time since Jan 21 AUD benefits from carry trade demand/upbeat risk appetite 0.7830 is the high so far - just above yesterdays 0.7829 high Minor resistance...

USD/INR may trade 61.10-30 range

Feb 18, 2015 02:36 am UTC| Technicals

USD/INR may trade 62.10-30 range ahead of FOMC minutes tonight Hawkish Fed expectations, constant BI intervention at lower levels strengthen Pair closed onshore at 62.16 on Monday, markets were closed for...

USD/IDR off highs on stocks, profit taking in NDFs

Feb 18, 2015 02:34 am UTC| Technicals

USD/IDR jumped higher in early dealings but stocks rally hold back gains Markets threatened by surprise BI rate cut and higher NDFs Rally in stocks and profit taking in NDFs capped IDR losses Pair last at...

EUR/JPY small bounce to & thru offers at 136.00 on Greek story

Feb 17, 2015 18:29 pm UTC| Technicals

Source: Thomson Reuters EUR/JPY small pop to thru offers at 136.00 on Greek story Source says Greece to ask for loan agreement extension Wed ECB to meet Wed ELA was reportedly to be extended: Bailout is...

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Economy

Higher-than-Expected September Inflation Delays Turkey’s Anticipated Interest Rate Cuts

Turkeys annual inflation rate dropped to 49.38% in September, but a higher-than-expected monthly increase of nearly 3% has dampened expectations for early interest rate cuts. Analysts now predict the central bank may not...

Lucid Air Grand Touring Joins Dubai Police Fleet, Expanding UAE’s Push for Green Vehicles

Dubai Police has added the Lucid Air Grand Touring to its fleet, bolstering its push for sustainability under the Dubai Quality of Life Strategy 2033. The inclusion of the luxury electric vehicle highlights the UAEs...

U.S. Services Sector Hits 1.5-Year High in September as Employment Weakens

The U.S. services sector expanded at its fastest pace in 18 months in September, driven by strong new orders, according to the Institute for Supply Management. However, the robust growth came as employment in the sector...

Major Gaps in Home Loan Data Raise Concerns Over Discriminatory Lending and Accountability

A new report from the National Community Reinvestment Coalition reveals that over 12% of U.S. home loan applicants fail to provide race data, undermining efforts to detect discriminatory lending. The lack of complete data...

U.S. payrolls exceeded expectations significantly, while the unemployment rate dropps to 4.1%.

Nonfarm employment rose by 254,000 in September, exceeding the average expectation of 150,000. Revisions for employment growth in the prior two months added another 72,000. Over the latest three months, average payroll...

Politics

Donald Trump Receives Overwhelming Endorsement: ‘200+ Military Leaders Back His Return to the White House'

In a stunning show of support, more than 200 retired military generals and admirals have publicly endorsed former President Donald Trump in an open letter, underscoring their belief in his leadership and commitment to the...

Donald Trump's Pal Elon Musk Slams Kamala Harris Win: 'A Disaster for Civilization'

Elon Musk has voiced serious concerns about Kamala Harris potentially winning the upcoming presidential election, calling it not only bad for America but warning that it could spell disaster for the future of civilization...

Donald Trump Set for Landslide Victory: ‘Commanding Lead in Key States – This Could Be Unstoppable'

Donald Trump appears to be positioned for a sweeping victory in the upcoming presidential election, as new polling data suggests the former president holds a commanding lead in several crucial battleground states....

Donald Trump Refuses 60 Minutes Interview Over Lack of Apology for Hunter Biden Laptop Story

In a bold move, former President Donald Trump announced that he is refusing to sit down for an interview with 60 Minutes until he receives an apology for the networks previous claims regarding Hunter Bidens infamous...

Biden-Harris Admin Warns FEMA May Run Out of Funds Amid Hurricane Season After Billions Sent Overseas

In a shocking development, the Biden-Harris administration announced that FEMA (Federal Emergency Management Agency) may not have enough resources to make it through the rest of hurricane season. This warning comes on the...

Science

Europe Pushes Back Against SpaceX's Efforts to Expand Starlink Direct-to-Cell Operations

European mobile network operators are opposing SpaceXs initiative to expand Starlink Direct-to-Cell services, urging the U.S. Federal Communications Commission (FCC) to reject SpaceXs request to operate beyond standard...

SpaceX and T-Mobile Begin Testing Starlink Cellular Satellite Service Ahead of 2025 Launch

SpaceX and T-Mobile have reportedly initiated tests for their highly anticipated Starlink Cellular satellite service. Speculation emerged after users noticed satellite activity on their phones, fueling excitement ahead of...

SpaceX Pauses Falcon 9 Launches After Anomaly During Crew 9 Mission Investigation

SpaceX has suspended all Falcon 9 launches after an anomaly occurred with the rockets second stage during the Crew 9 mission for NASA. The second stage failed to land as planned, prompting an investigation and delaying...

Tesla’s $25K Compact Car Could Drive Bigger Stock Gains Than Robotaxi, Analyst Predicts

As anticipation builds for Teslas Robotaxi, some analysts believe the companys upcoming $25,000 compact car will have a more significant impact on its stock. Gary Black of The Future Fund argues that entering the...

Starlink Reaches 4 Million Customers Globally as SpaceX Expands Operations and Services

SpaceXs Starlink has officially surpassed 4 million customers across more than 100 countries. This milestone was announced by SpaceX COO Gwynne Shotwell, who also outlined plans for expanding Starlinks satellite network...

Technology

SHIB Burns Plunge to Near Zero as Price Slides – What’s Behind Shiba Inu’s Decline?

Shiba Inus burn rate has plunged to nearly zero, and its price is following suit. Despite these negative trends, SHIB remains a topic of interest, leaving investors questioning the factors behind its recent...

Hyundai's Game-Changing INSTER EV Shakes Up UK with 229-Mile Range and Under $31K Price!

Hyundai is sparking excitement in the UK with the launch of its INSTER EV, delivering a game-changing 229-mile range and a price tag under $31,000. Positioned to outshine competitors, this compact electric SUV offers...

BYD Fuels Uruguay’s Push for Green Transit With 100 Electric Buses for National Operator

BYD, a leading Chinese electric vehicle manufacturer, has delivered 100 K9UD electric buses to Cutcsa, Uruguays largest public transit operator. The move enhances Uruguays commitment to green transportation and cements...

Apple Rumored to Unveil microLED Smart Glasses in 2026—A Game-Changer?

Apple is reportedly gearing up to release its highly anticipated smart glasses featuring microLED technology by 2026. The rumored device could redefine wearable tech with a lightweight design and unprecedented...

Foxconn Breaks Records with AI-Fueled Revenue Surge, Surpasses Forecasts in Blockbuster Q3 Performance

Foxconn, the worlds largest contract electronics maker, reported record-breaking third-quarter revenue of $57.3 billion, driven by strong demand for AI servers and cloud equipment. The company outperformed forecasts,...