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GBP/USD recovery stalled at 1.5042

Apr 23, 2015 13:27 pm UTC| Technicals

Source: Thomson Reuters GBP/USD recovery stalled at 1.5042, prices continue to chop around 1.5000 The 100 HMA propped earlier. The average now at 1.4959 provides support 1.4960 was the European Am base, 1.4915 the...

EUR/GBP 0.7118 propped, recovery holds under 10 DMA

Apr 23, 2015 13:05 pm UTC| Technicals

Source: Thomson Reuters EUR/GBP recovery holds below the 10 DMA at 0.7197 0.7118 propped and a sharp rally seen Overall bear sentiment remains as does scope to 76.4% retrace at 0.7102 Traders lower stop to make the...

EUR/USD pares earlier gains, wider yield spreads weigh

Apr 23, 2015 12:57 pm UTC| Technicals

Source: Thomson Reuters EUR edged higher on Greek headlines earlier but gains fade, US claims miss cant lift Wider yield spreads keep weight on, chop to persist, broad 1.0625/1.0850 range to hold Leveraged buys USD,...

EUR/GBP breaks major support 0.7150, decline till 0.7000 is possible

Apr 23, 2015 11:59 am UTC| Technicals

RES4: 0.7300 RES 3: 0.72793 (61.8% retracement of 0.7379 and 0.7112) RES 2: 0.7235 (Apr 14th high) RES 1: 0.7194 (200 day HMA) PRICE: 0.7159 @11:54 GMT SUP 1: 0.7150 (61.8% retracement of 0.70130...

GBPUSD holds at near term resistance, 50% Fibonacci Retracement

Apr 23, 2015 11:34 am UTC| Technicals

Support 2: 1.4855 Support 1: 1.4913 (38.2% Fibonacci Retracement) Current market Price: 1.4995 Resistance 1: 1.5079 (50% Fibonacci Retracement) Resistance 2: 1.5175 (61.8% Fibonacci Retracement) Commentary: The...

EUR/USD is in consolidation phase, stand aside

Apr 23, 2015 11:33 am UTC| Technicals

RES 4: 1.100 RES 3: 1.0935 (61.8% retracement of 1.105 and 1.0520) RES 2: 1.0847 (Apr 17th high) RES 1: 1.0775 (61.8% retracement of 1.0847 and 1.0658) PRICE: 1.07355 @ 11:28 GMT SUP 1: 1.0695 (200 day...

EUR/USD closer to daily high at 1.0756

Apr 23, 2015 10:49 am UTC| Technicals

Support Level 1- 1.0659 (38.2% Fibonacci Retracement) Support Level 2- 1.0520 (23.6% Fibonacci Retracement) Current Market Price- 1.0737 Resistance Level 1- 1.0800 (April 23 high) Resistance Level 2- 1.0848 (61.8%...

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Economy

Vietnam’s November Trade Sees Monthly Decline but Strong Year-on-Year Growth

Vietnam recorded a notable month-on-month decline in trade activity in November, according to new data from the National Statistics Office (NSO). Exports fell 7.1% from October, reaching $39.07 billion, while imports...

Austria’s AA Credit Rating Affirmed as Fitch Highlights Stable Outlook

Fitch Ratings has reaffirmed Austrias Long-Term Foreign-Currency Issuer Default Rating at AA with a Stable Outlook, underscoring the countrys strong economic fundamentals despite rising fiscal pressures. According to the...

Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut

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U.S. Stocks Rise as Cooler Inflation Boosts Hopes for Fed Rate Cut

U.S. stocks ended higher on Friday as a softer inflation reading strengthened expectations that the Federal Reserve could move forward with an interest-rate cut next week. The SP 500 climbed 0.2%, the Dow Jones Industrial...

U.S. Stocks End Week Higher as Markets Anticipate Fed Rate Cut

U.S. stocks closed the week with modest gains on Friday, as investors weighed a wave of delayed economic data and maintained strong expectations for a Federal Reserve interest rate cut at next weeks policy meeting. Despite...

Politics

CFPB to Review Anti-Discrimination Policies and Fair Lending Rules Amid Policy Shift

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Supreme Court to Review Legality of Trump’s Birthright Citizenship Restrictions

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Australia Imposes Sanctions on Taliban Officials Over Human Rights Abuses

Australia has announced new financial sanctions and travel bans against four senior officials of Afghanistans Taliban government, citing the worsening human rights situation in the country, particularly the escalating...

U.S. Appeals Court Rules Trump Can Remove Members of Key Federal Labor Boards

A U.S. appeals court has ruled that President Donald Trump had the authority to dismiss Democratic members of two major federal labor boards, marking a significant win for efforts to expand presidential control over...

Trump Backs Review of U.S. Childhood Vaccine Schedule After Hepatitis B Policy Change

President Donald Trump on Friday expressed support for a major shift in U.S. vaccine policy after government advisers voted to eliminate the long-standing recommendation that all newborns receive the hepatitis B vaccine at...

Science

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...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns

Taiwans political landscape heated up after the government announced a plan to suspend access to the Chinese social media platform Rednoteknown as Xiaohongshufor one year. The interior ministry said the proposed ban stems...

EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....

Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX

OpenAI CEO Sam Altman reportedly explored raising significant capital to acquire or partner with a rocket company, a move that could have created direct competition with Elon Musks SpaceX. According to a report from the...

Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation

Wikipedia is seeking additional licensing deals with major technology companies to address the growing financial burden caused by artificial intelligence firms heavily scraping its platform, according to co-founder Jimmy...

Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature

Firelight reaches 25M XRP deposit cap within hours of launch; ushers in a new era for decentralized XRP staking. A new XRP staking platform, Firelight, has officially launched on the Flare blockchain, marking the first...
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