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FxWirePro: EUR/USD extends gains ahead of European open, risk-aversion underpins euro

Sep 14, 2015 06:48 am UTC| Technicals

EUR/USD remains on higher plane on less hawkish Fed view and as risk-off intensifies on mounting China fears The pair remained bid in Asia in a relatively tight 1.1328-60 range and is extending the positive momentum into...

FxWirePro: GBP/AUD faces strong support near 2.140, good to buy at dips

Sep 14, 2015 06:21 am UTC| Technicals

GBP/AUD has made a high of 2.2108 and declined till 2.1650 from that level. It is currently trading at 2.1800 The pairs minor resistance is around 2.200 and any break above would extend gains till 2.2200/2.2370. The...

FxWirePro: NZD/USD rangebound (0.6303/45), momentum remains lower

Sep 14, 2015 05:53 am UTC| Technicals

NZD/USD traded tight 0.6303/45 range for most part of the Asian session and was last at 0.6321 as SSEC fell over 3.0%, Nikkei -1.3% The kiwi managed to gain 0.7 percent last week despite an easing by RBNZ and speculation...

USD/JPY struggles to break above 121.30, decline till 119.60 is possible

Sep 14, 2015 05:53 am UTC| Technicals

USD/JPY has broken minor trend line support around 120.50 (trend line joining 119.96 and 120.35) and a short decline till 119.95 is possible. On the higher side intraday resistance is around 120.75 and break above will...

FxWirePro: AUD/USD rejected at 0.7135 (day's high), slips to 0.7075

Sep 14, 2015 05:09 am UTC| Technicals

The Australian dollar popped higher on Monday, having proved resilient to another set of disappointing China data over the weekend The dollar broadly weak on Monday with investors sticking to the sidelines as the...

FxWirePro: Sell USD/CHF only below 0.96800 with SL around 0.9745 for the TP of 0.9570

Sep 14, 2015 03:39 am UTC| Technicals

USD/CHF faces strong support around 0.9680 and any break below 0.9680 confirms short term weakness, a decline till 0.9570 cannot be ruled out . On the higher side minor resistance is around 0.9750 and break above would...

FxWirePro: Sell GBP/JPY on rallies around 186.30-35 with SL around 187.40 for the TP of 185.60/184

Sep 14, 2015 02:54 am UTC| Technicals

GBP/JPY made a temporary top around 187.33 and has started to retreat from that level. It is currently trading at 186.15. On the downside major support is around 185.60 (23.6% retracement of 180.35 and 187.33) and any...

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Economy

EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks

The European Union has decided to delay the formal signing of its long-anticipated free trade agreement with the Mercosur bloc, as EU leaders convened in Brussels to prioritize discussions on funding Ukraines war effort....

Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets

Gold prices edged slightly lower in Asian trading on Friday but were still on track to post modest weekly gains, as strong safe-haven demand continued to support the precious metals market. At the same time, silver and...

Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns

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New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves

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BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization

The Bank of Japan (BOJ) is widely expected to raise interest rates to a three-decade high, marking another milestone in its gradual exit from ultra-loose monetary policy. At the conclusion of its two-day meeting on Friday,...

Politics

U.S. and China Push for Ceasefire as Thailand–Cambodia Border Clashes Escalate

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Syria, Kurds and U.S. Race to Show Progress on SDF Integration Deal

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Putin Signals Possible Peace or Continued War in Ukraine at Major Year-End Address

Russian President Vladimir Putin is expected to send a significant signal to the United States and European powers regarding the future of the Ukraine war when he speaks at his annual end-of-year news conference on Friday....

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...

Trump Signs Order to Ease Federal Marijuana Rules, Signaling Major Policy Shift

U.S. President Donald Trump has signed an executive order directing federal agencies to loosen regulations on marijuana, a move that could mark one of the most significant changes in U.S. cannabis policy in decades. The...

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

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...

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...

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...

Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand

Micron Technology delivered record first-quarter results and issued a bullish forecast for the current quarter, driven by rising memory prices and strong demand linked to artificial intelligence workloads. The upbeat...

Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track

Oracle shares fell more than 4% on Wednesday after a Financial Times report claimed that Blue Owl Capital, Oracles largest U.S. data center partner, decided not to support a planned $10 billion data center project in...
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