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GBP/NZD - call update

Feb 22, 2016 07:54 am UTC| Technicals

GBP/NZD hits fresh half-yearly lows at 2.1298, downside accelerating as we write. The pair has been trading a falling wedge, has hit wedge top resistance at 2.1997 and retraced from there. Brexit worries...

GBP/USD breaks major support 1.4200, decline till 1.4080 is possible

Feb 22, 2016 07:42 am UTC| Technicals

Major support - 1.4200 (trend line joining 1.4350 and 1.42443) The pair breaks major support 1.4200 and declined till 1.4193. It is currently trading around 1.42040. Short term trend is slightly weak as long as...

USD/INR supported above 68.50 mark ahead of financial budget 2016

Feb 22, 2016 07:18 am UTC| Technicals

NSE Nifty was trading 0.23% higher at 7226 points while BSE Sensex was trading 0.20% higher at 23763 points. On the other side, Indian rupee is well supported above 68.50 marks. India is going to release financial...

FxWirePro: FTSE100 struggles to break above 6000, good to sell on rallies

Feb 22, 2016 06:52 am UTC| Technicals

Major resistance - 6010 (trend line joining 6322 and 6129) FTSE100 has slightly recovered after making a low of 5915. It is currently trading around 5948. Short term trend is slightly weak as long as resistance...

FxWirePro: Good to long NZD/CAD around 0.9145, weakness only below 0.9040

Feb 22, 2016 06:49 am UTC| Technicals

NZD/CAD is extending upside after taking strong trendline support at 0.9042 on Feb 18th trade. Price action has re-entered the daily cloud and Stochs have shown a bullish crossover from oversold levels. Ongoing...

FxWirePro: BTC/USD faces strong resistance around $450, good to buy at dips

Feb 22, 2016 06:06 am UTC| Technicals Digital Currency

BTC/USD has broken major resistance $425 and jumped till $447. It is currently trading around $434. Short term trend is slightly bullish as long as support $425 holds. On the higher side any break above $450 will take...

GBP/JPY faces minor resistance at 161.65, break above targets 163/163.80

Feb 22, 2016 05:52 am UTC| Technicals

Minor resistance - 161.65 (trend line joining 163.96 and 162.09) Major support - 160 The pair has recovered after making a low of 160.35. It is currently trading around 161.34. On the higher side minor...

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Economy

Russia Stocks End Flat as Energy Shares Support MOEX Index

Russian stocks finished mixed after the close of trading in Moscow on Saturday, with the MOEX Russia Index ending the session unchanged at 0.00%. Market sentiment remained cautious as gains in select energy and utility...

Trump Defends Economic Record in North Carolina as Midterm Election Pressure Mounts

U.S. President Donald Trump traveled to the battleground state of North Carolina on Friday to defend his economic policies and reassure voters that the U.S. economy remains on solid footing, as concerns grow ahead of a...

EU Approves €90 Billion Ukraine Aid as Frozen Russian Asset Plan Stalls

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Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts

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U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness

U.S. stocks closed higher on Friday, recovering from a volatile start to the week as gains in technology and AI-related shares outweighed sharp declines in consumer stocks such as Nike. Major indexes finished in positive...

Politics

Australia Mourns Bondi Beach Hanukkah Attack Victims as Government Orders Security Review

Australia marked a national day of reflection on Sunday to honour the victims of a deadly gun attack that struck a Hanukkah celebration at Sydneys Bondi Beach a week earlier, killing 15 people and injuring dozens more. The...

Venezuela Condemns U.S. Seizure of Oil Tanker as “International Piracy”

The Venezuelan government has strongly condemned the seizure of a new oil tanker near its coast, accusing the United States of committing what it described as a serious act of international piracy. In an official statement...

Bangladesh Mourns Slain Youth Leader as Funeral Draws Thousands Amid Political Unrest

Tens of thousands of Bangladeshis gathered in Dhaka on Saturday to attend the funeral of Sharif Osman Hadi, a slain youth leader and election candidate whose killing has intensified political unrest ahead of the countrys...

U.S. Intercepts Venezuelan Oil Tanker in International Waters Amid Escalating Blockade Tensions

The United States has intercepted an oil tanker in international waters near Venezuela, intensifying tensions just days after President Donald Trump announced a total and complete blockade of sanctioned oil shipments...

Google and Apple Warn U.S. Visa Holders to Avoid International Travel Amid Lengthy Embassy Delays

Alphabets Google and Apple have advised certain employees working in the United States on temporary visas to avoid international travel, as visa stamping delays at U.S. embassies and consulates can now stretch up to 12...

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...