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AUD/USD supported around $0.7200, key resistance at $0.7245

Jan 05, 2016 03:47 am UTC| Technicals

Pair sunk, as higher yielding currencies were sold off on Monday amid global uncertainties and lower commodity prices. The Australian dollar was down 1.47% and trading at $0.7181 against the greenback, after hitting...

FxWirePro: NZD/USD trades rangebound, watchout for break below 0.6730 for further weakness

Jan 05, 2016 03:35 am UTC| Technicals

NZD/USD holds wedge base support at 0.6720, and edges higher in Mondays trade to close at 0.6749, currently trading a tight 0.6740/57 range in the Asian session. Chinese indices were seen recovering after the huge...

FxWirePro: AUD/USD key resistance at 0.7245, sell deals are recommended around 0.7220

Jan 04, 2016 20:25 pm UTC| Technicals

The pair sharply slipped backwards from 0.7300 levels to hit low at 1. 0.7156 in early the US Session. However, after negative ISM manufacturing data the pair made modest gains to trade around 0.7182 levels. Currency...

FxWirePro: USD/CAD key support at 1.3875, bullish in the short term

Jan 04, 2016 19:03 pm UTC| Technicals

The USD/ CAD has strongly bounced to trade around 1.3953 levels, after breaking 1.3925 resistance level. The pair initially declined towards 1.3875 levels. However, after finding support at 1.3870 the pair rebounded...

FxWirePro: GBP/USD reverses from recent rally, bias back to downtrend

Jan 04, 2016 15:41 pm UTC| Technicals

The GBP/USD sharply declined on Monday, as concerns over a possible Brexit from Europe weighted on the currency pair. The currency pair initially rebounded towards higher levels in the earlier European session, however...

FxWirePro: EUR/USD trades below 50% Fib levels, bearish in the short term

Jan 04, 2016 14:23 pm UTC| Technicals

EUR /USD after a brief bounce, in the earlier European session has slipped sharply lower after finding resistance at 1.0945 levels. Currently the pair is approaching to test resistance level located at 1.0864. Further...

FX Hedging Strategy Series

FxWirePro: EUR/USD tops IVs among G10, deploy vega puts in diagonal back spreads for tight hedging

Jan 04, 2016 13:22 pm UTC| Technicals

It is unlikely to regard EUROs sustainably higher until there is real domestically generated inflation. Headline inflation has been dragged down by energy prices but even core inflation is soft (particularly in...

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Economy

BCA Research Warns U.S.-Iran Ceasefire Could Collapse, Maintains Cautious Equity Outlook

BCA Research is cautiously optimistic about the recently announced U.S.-Iran ceasefire but is warning investors that the truce remains highly unstable. The firms chief geopolitical strategist, Matt Gertken, puts the odds...

U.S. Natural Gas Market Faces Short-Term Pressure but Long-Term Demand Surge

Wall Street analysts remain divided on the U.S. natural gas outlook, citing near-term price weakness alongside robust long-term demand fundamentals driven by LNG exports and growing global power consumption. Benchmark...

Chinese Brands Are Taking Over Brazil — And It's Just Getting Started

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Bank of America Maintains Forecast for Two Fed Rate Cuts in 2026 Despite Inflation Risks

Bank of America is holding firm on its prediction that the Federal Reserve will cut interest rates twice in 2026, even as inflation concerns linger. In a note to clients, U.S. economist Aditya Bhave outlined why the bank...

Trump Claims Oil Tankers Heading to U.S. Amid Iran War and Strait of Hormuz Crisis

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Politics

U.S.-Iran Peace Talks in Islamabad Pause With Key Differences Unresolved

High-stakes diplomatic negotiations between the United States and Iran wrapped up in Islamabad, Pakistan on Sunday after roughly 14 hours of intense discussion, marking the first direct engagement between the two nations...

Islamabad at a Standstill as U.S.-Iran Peace Talks Take Center Stage

Islamabad has been transformed into a virtual ghost town as high-stakes direct negotiations between the United States and Iran got underway for the first time in years. Pakistani authorities imposed a citywide lockdown,...

Costa Rica Receives First Wave of U.S.-Deported Migrants Under New Bilateral Agreement

Costa Rica officially welcomed its first group of U.S.-deported migrants on Saturday, marking a significant milestone in a bilateral deportation agreement signed between the two nations in March. The group comprised 25...

U.S.-Iran Nuclear Talks Resume in Islamabad Amid Strait of Hormuz Standoff

High-stakes diplomatic negotiations between the United States and Iran entered their second day in Islamabad on Sunday, with both sides still far apart on key issues particularly American demands over the Strait of...

Trump Warns China Over Iran Arms as Diplomatic Talks Intensify

U.S. President Donald Trump issued a stark warning to China on Sunday, cautioning that Beijing would face serious consequences if it were to supply weapons to Iran. The statement, delivered to reporters outside the White...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

OpenAI Addresses Security Vulnerability in macOS App Certification Process

OpenAI disclosed a security concern on Friday involving a third-party developer tool known as Axios, which is connected to the process used to verify the authenticity of its macOS applications. The company confirmed it has...

San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home

San Francisco police arrested a 20-year-old suspect Friday following a pre-dawn attack on OpenAI CEO Sam Altmans residence in the citys North Beach neighborhood. According to the San Francisco Police Department, an...

SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20

Nasdaq Inc. confirmed late Friday that SanDisk Corporation will enter the Nasdaq-100 Index, taking the spot previously held by Atlassian Corp Plc when markets open on Monday, April 20, 2026. The change signals a broader...

TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...
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