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Sun, Dec 29, 2024 01:46 PM All times are UTC

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USD/MXN slips as broad USD space weakens on profit taking

Mar 12, 2015 12:45 pm UTC| Technicals

Source: Thomson Reuters USD/MXN edges lower as broad USD space weakens on profit taking Banxico intervention and Mex hike sentiment weigh, CB sales at 10AM local Mexico time USD/MXN Support at 15.3778 by 23.6%...

EUR/USD recovering after reaching 2003 low, bounce till 1.07310 expected

Mar 12, 2015 12:25 pm UTC| Technicals

RES 4: 1.1088 (200 day HMA) RES 3: 1.0792 RES 2: 1.0730 (Ichimoku cloud bottom) RES 1: 1.0650 (55 day EMA) PRICE:12 1.0623 @ 12:12 GMT SUP 1: 1.0620 (61.8% Projection of 1.25685 to 1.10960 from 1.15327) SUP 2:...

AUD/USD closes in on 0.7000

Mar 12, 2015 11:14 am UTC| Technicals

Pairs sharp recovery closes in on 0.7000 and leaves short trade off side Day trend indicators bounce from oversold levels More corrective action looks expected Short intact below 0.7850 but above the...

GBP/USD supported by upbeat UK trade data

Mar 12, 2015 09:52 am UTC| Technicals

Cable rises towards 1.50 after better than expected UK trade data UK trade deficit GBP 616mn in Jan from GBP 2.14bn in Dec Jan goods trade deficit GBP 8.41bn vs GBP 9.7bn forecast Stops below 1.50 tripped...

AUD/USD offers of 0.77 mooted, just beyond 38.2% fibo

Mar 12, 2015 09:37 am UTC| Technicals

Shorts squeezed during AUD/USD rise from 0.7573 to 0.7684 0.7573 = Asia low (after 0.7637 Asia high) Offers pushed at 0.77. Large 0.77 optionexpiry today 0.7696 = 38.2% of 0.7914 (Feb 26 high) to...

EUR/USD offer filled on corrective rally

Mar 12, 2015 09:29 am UTC| Technicals

Pairs offer filled at 1.0625 Target the Jan 2003 low at 1.0335 - parity beyond that Long-term fibo (76.4% of 0.8228 - 1.6040) at 1.0072 is a possible objective New lows in Asia at 1.0494 but early...

NZD/USD shorts tightened after RBNZ on hold

Mar 12, 2015 09:17 am UTC| Technicals

0.7408 = six-day high for NZD/USD after more shorts covered Short-covering encouraged by neutral tone from RBNZ NZD/USD retreated to 0.7191 into 2000GMTRBNZ statement 0.7191 was Wednesdays 5week low...

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Economy

Elon Musk's Tesla Vision-Only Tech Sparks LiDAR Debate as Li Auto CEO Cites China Highway Dangers

Li Auto CEO takes aim at Elon Musk and Teslas vision-only strategy, arguing LiDAR is essential for handling Chinas challenging highway conditions. Li Auto CEO Highlights LiDAR for Chinas Unique Highways Even if the...

Bezos’ Blue Origin FAA Approval Paves Way for New Glenn Rocket Launch in Space Race

The FAA has approved Blue Origins New Glenn rocket, allowing Jeff Bezos space company to compete in critical national security satellite launches. FAA Grants Blue Origin License for New Glenn Rocket Launch On Friday, the...

What OpenAI’s Public Benefit Shift Means for the Future of AI

OpenAIs decision to adopt a public benefit corporation model reflects its effort to align profit-making with its mission to drive societal impact in the fast-evolving AI sector. OpenAI Embraces Public Benefit Corporation...

Massive Chrome Extension Breach Exposes Data Security Risks Across Companies

In an alarming cybersecurity breach, hackers compromised Chrome extensions of multiple companies, including Cyberhaven, to access sensitive data. The attack, ongoing since December, highlights vulnerabilities in browser...

Tokyo's Inflation Surge: Energy Prices Drive December CPI Up to 2.4%

In December 2024, the core Consumer Price Index (CPI) for Tokyo Prefecture increased by 2.4% compared to a year earlier, rising from 2.2% in November. This change is important because it shows that prices continue to rise,...

Politics

What industries might face challenges under Donald Trump’s new economic policies?

As Donald Trump plans to implement new economic policies in 2025, several industries in the U.S. may face significant challenges. His administration has outlined an agenda that emphasizes tax cuts, deregulation, and trade...

What are Donald Trump’s plans for federal loan forgiveness programs in 2025?

Former President Donald Trump is reportedly gearing up to revamp federal loan forgiveness programs in 2025, aiming to address rising student debt and borrower frustrations. Trumps administration previously sought to...

How will Donald Trump handle tax audits for corporations during his presidency?

Former President Donald Trump is reportedly preparing an aggressive overhaul of corporate tax audits as part of his 2025 presidential agenda. Trump, known for his unrelenting focus on reforming tax policies, aims to...

What changes are expected in Donald Trump’s 2025 trade policies with China?

Former President Donald Trump is signaling a dramatic shift in U.S. trade policies as he prepares for a potential return to the White House in 2025. Known for his hardline stance against Chinas economic practices, Trump is...

Robert F. Kennedy Jr. Stuns America with Bold Plan to Clean Out Corrupt Officials Keeping Us Sick

Robert F. Kennedy Jr., the nominee for Secretary of Health and Human Services under Donald Trump, has vowed to take unprecedented action to combat corruption within the U.S. healthcare system. In a fiery statement, Kennedy...

Science

Public Health Experts Warn of ‘Quad-Demic’ as Flu, COVID, RSV, and Norovirus Threaten Winter Surge

Public health experts are raising alarms over a potential quad-demic this winter, with flu, COVID-19, respiratory syncytial virus (RSV), and norovirus all expected to surge simultaneously. This unprecedented convergence of...

Philippines' 'Missile Acquisition' Plan Provokes China's 'Arms Race' Warning

The Philippines has announced plans to acquire the U.S.-developed Typhon missile system to bolster its maritime defense capabilities. This decision has elicited strong reactions from China, which warns that such a move...

Christmas Eve Asteroid' to Skim Past Earth at 14,743 mph Tonight, NASA Warns

NASA has announced that an asteroid, comparable in size to a 10-story building, will make a close approach to Earth on Christmas Eve. The space rock, designated 2003 SD220, is expected to pass by our planet at a speed of...

Emergency Declared as Bird Flu 'Spreads' to California Dairy Cows

California Governor Gavin Newsom has officially declared a state of emergency in response to the rapidly escalating bird flu outbreak. The declaration comes after avian influenza was detected in dairy cows, a rare and...

Missing Radioactive Material in New Jersey Sparks Panic — Are Drones ‘Hunting for It’?

A small amount of radioactive material went missing in New Jersey earlier this month, raising concerns over public safety and potential security risks. The U.S. Nuclear Regulatory Commission (NRC) confirmed on December 2,...

Technology

X's New Algorithm Changes Trigger Backlash as Users Claim Voices Are Being Silenced

Elon Musks recent algorithm update on X, formerly known as Twitter, has sparked a heated debate among users. The changes, aimed at maximizing unregretted user-seconds, have raised questions about whether the platform is...

Samsung Brings Galaxy Ring 2 and AR Smart Glasses to Galaxy Unpacked 2025 With S25 Series

Samsung is shaking up the tech world at Galaxy Unpacked 2025, unveiling the Galaxy S25 Series, the advanced Galaxy Ring 2, and its cutting-edge AR Smart Glasses. This bold lineup promises a fresh leap into wearable...

Apple’s 2nm Chips Skip iPhone 17 as TSMC Prepares 2026 Launch for iPhone 18

Apple has decided to wait until 2026 to incorporate TSMCs 2nm chips into the iPhone 18. The move bypasses the iPhone 17, as TSMC works on scaling its production to meet industry demands and cut costs. Apple Expected to...

Xiaomi Expands EV Charging Access Across China With NIO, XPeng, and Li Auto Networks

Xiaomi has joined the EV charging networks of NIO, XPeng, and Li Auto, giving its customers access to over 29,000 stations across China. The move marks a strategic step in bolstering Xiaomis EV business amid growing...

Japan Airlines Faces Cyberattack Disruption with Over 60 Delayed Flights and Canceled Domestic Routes

Japan Airlines experienced significant disruptions on Thursday as a cyberattack led to over 60 flight delays, including 11 international routes, and two domestic cancellations. The airline quickly resolved the network...