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EUR/USD opened at 1.1322 after USD/JPY selloff sent USD broadly lower

Jun 11, 2015 03:48 am UTC| Technicals

Asian market ignored optimistic comments regarding latest Greece talks Pair was dragged lower by stronger USD led by 2.5% slide in NZD/USD Price was consolidating around 1.1300 heading into the afternoon...

USD/PHP Pair trading higher, after early dip to 44.97

Jun 11, 2015 02:54 am UTC| Technicals

Funds buying lifted NDFs and locals follow Pair traded to 45.03 high so far, last 45.02-45.05 NDFs last 45.26-45.31, good bids at 45.20; PSEi...

USD/INR likely to see further range bound dealings around 64.00

Jun 11, 2015 02:48 am UTC| Technicals

Better bidding interests below 64.00 to remain supportive Firmer USD sentiment across Asian markets further underpins NDFs ended firm overnight, after early selling from leveraged names 1month traded...

NZD/USD pierced 23.6 Fib of 0.7744-0.7025, bears nervous pre-RBNZ

Jun 10, 2015 17:15 pm UTC| Technicals

NZD/USD bounce off 2015 low persists 23.6 Fib of 0.7744-0.7025 pierced Bears on edge into RBNZ, chance of cut 46%, was higher last week Recent bounce likely extends if no cut no dovish rhetoric from c.bank 0.7300/20,...

USD/CLP higher, eyes resistance at daily pivot by 626.68

Jun 10, 2015 15:27 pm UTC| Technicals

USD/CLP back above 10-DMA 625.14, eyes daily pivot resistance by 626.68 RM offers run into support by 619.60/70 21-WMA daily pivot support CLP buoyed as copper rallies, China stimulus expected Stochs/ RSI/CL-US yield...

EUR/USD bull signs up, long upper wick forms

Jun 10, 2015 14:05 pm UTC| Technicals

EUR/USD trend-line off May high pierced, gains above cant hold, long upper wick forms Suggests bears putting up a fight but they might be run over 10-DMA crossing above 21-DMA RSIs biased up, some bull signs Recent...

EUR/JPY pares loses, Kuroda crack repaired by Bunds, DAX

Jun 10, 2015 13:53 pm UTC| Technicals

Yen surge overnight on Kuroda comments EUR pop on new Bund yield high reversing Bund yields now near days low DAX by high to underpin EUR EUR/JPY techs still wobbly from c141 double-top overbought divergence 38.2% ...

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Economy

China Keeps Benchmark Lending Rates Steady as Economic Outlook Remains Cautious

China has once again kept its benchmark lending rates unchanged, extending the pause in monetary policy adjustments to a seventh consecutive month in December, in line with broad market expectations. The Peoples Bank of...

Asian Stocks Rise as Wall Street Tech Rally Lifts Markets, Yen Slumps Despite BOJ Rate Hike

Asian share markets moved higher at the start of the week, following strong tech-led gains on Wall Street, while the Japanese yen continued to weaken sharply against major currencies despite a significant interest rate...

China’s Power Market Revamp Fuels Global Boom in Energy Storage Batteries

Chinas sweeping reforms to its electricity market are rapidly transforming the economics of energy storage, driving a surge in both domestic deployment and global exports of battery technology. As international demand for...

Global Demand for Yuan Loans and Bonds Surges as China Pushes Currency Internationalization

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Silver Prices Hit Record High as Geopolitical Tensions Fuel Safe-Haven Demand

Silver prices surged to a record high during early Asian trading on Monday, driven by escalating geopolitical tensions that boosted demand for safe-haven assets across global markets. Concerns over renewed hostilities...

Politics

U.S. Coast Guard Pursues Sanctioned Oil Tanker Near Venezuela Amid Rising Geopolitical Tensions

The U.S. Coast Guard is actively pursuing a sanctioned oil tanker in international waters near Venezuela, according to U.S. officials cited by Reuters, marking what could become the third such operation in less than two...

Niigata Set to Approve Restart of Japan’s Largest Nuclear Power Plant in Major Energy Shift

Japan is approaching a pivotal moment in its post-Fukushima energy policy as the Niigata regional assembly is expected to endorse the restart of the Kashiwazaki-Kariwa nuclear power plant, the largest nuclear facility in...

Justice Department Restores Trump Photo in Epstein Files After Review Clears Image

The U.S. Department of Justice confirmed on Sunday that a photo involving President Donald Trump, which had briefly been removed from the cache of Jeffrey Epstein-related documents, was restored after an internal review...

U.S., Europe, Ukraine Hold Productive Florida Talks on Ending Russia-Ukraine War

Senior officials from the United States, Europe, and Ukraine concluded three days of high-level talks in Florida aimed at advancing efforts to end Russias war in Ukraine, with discussions centered on aligning positions and...

Najib Razak Awaits Court Rulings in 1MDB Case as Malaysia’s Anti-Graft Drive Faces Test

Malaysias former prime minister Najib Razak is set to learn on Monday whether he can serve the remainder of his jail sentence under house arrest, a decision that could have major political and legal implications for 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

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...
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