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EUR/SEK rejects key support level at 9.3727, buy on dips

Feb 19, 2016 10:06 am UTC| Technicals

Pair is currently supported above 9.38 levels and trading at 9.3811 marks. It made intraday high at 9.4077 and low at 9.3727 levels. From the data front from Sweden, Country released its job data. Swedish...

FX Hedging Strategy Series

FxWirePro: Roll out with "Jelly rolls option combinations" for hedging USD/CAD's puzzling swings

Feb 19, 2016 09:47 am UTC| Technicals

We study CAD valuations by using a multi-disciplined approach that incorporates a combination of fundamental and technical analysis. Technically, Loony has shown a strong signs of recovery as monthly charts pops up with...

DAX 30 faces strong resistance around 9530, break above targets 9625/9797

Feb 19, 2016 09:26 am UTC| Technicals

Major resistance -9530 (trend line joining 10164 and 9926) Major support -9300 The index has made a high of 9554 and declined till 9348 from that level. It is currently trading around 9453. It is facing...

FxWirePro: CHF/JPY hits new multi-year lows at 113.67, further downside could test 111 levels

Feb 19, 2016 09:00 am UTC| Technicals

CHF/JPY has been trading a falling channel, the pair has hit fresh multi-year lows at 113.67. Trend is lower, momentum is bearish, we see scope for tests of 111 levels. Immediate resistance is by 5-DMA at 114.81, while...

Swedish Krona appreciates on the back of positive Job data

Feb 19, 2016 08:52 am UTC| Technicals

USD/SEK currently trading at 8.4430 levels. It made intraday high at 8.4535 and low at 8.4335 levels. In the data front from Sweden, Country released its Unemployment rate with positive numbers at 7.5% m/m v/s 7.6%...

FxWirePro: FTSE100 faces strong resistance at 6055, good to sell on rallies

Feb 19, 2016 07:55 am UTC| Technicals

Major resistance -6055 (trend line joining 6322 and 6129) Major support - 5880 The index has made a high of 6038 yesterday and slightly declined from that level. It is currently trading around 5972. Short...

FX Hedging Strategy Series

FxWirePro: USD conditional trades offer better risk reward, 2T swap spreads as risky asset classes sensing pressurized

Feb 19, 2016 07:31 am UTC| Technicals

Most markets were contained overnight, halting a three-day rally in risky assets. Equities, commodities and the US dollar are little changed. US interest rates are lower. Rates markets remain tied to the risk sentiment...

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Economy

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal

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Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

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Politics

Ohio Man Indicted for Alleged Threat Against Vice President JD Vance, Faces Additional Federal Charges

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New York Legalizes Medical Aid in Dying for Terminally Ill Patients

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Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

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China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

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Trump Allows Commercial Fishing in Protected New England Waters

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Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

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Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

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Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

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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...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

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OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....
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