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EUR/NOK price bounced out of the hourly cloud, base holding

Apr 20, 2015 12:54 pm UTC| Technicals

Source: Thomson Reuters EUR/NOK price looked like the perfect bear play until the bounce from the 8.3720 low Pair now fighting the prospects of a bullish candle, bear picture damaged Price also bounced out of the...

USD/MXN edges higher, Greek tension buoys USD

Apr 20, 2015 12:36 pm UTC| Technicals

Source: Thomson Reuters USD/MXN rising as Carsten injects doubt as to timing of Mex rate hike Pair off Chinese RRR cut lows, Greek tension buoys USD broadly Above daily cloud base MXN eyes down TrendLine 15.3901,...

GBP/USD stalled Fri ahead of key resistance

Apr 20, 2015 12:12 pm UTC| Technicals

Source: Thomson Reuters GBP/USD overbought slow stochs on verge of negative cross, to generate sell signal 55 DMA at 1.5065 and the cloud base at 1.5082 Below 1.4900 the kijun line offers support at 1.4861 1.5053...

EUR/GBP is consolidation phase, bullish only above 0.7250

Apr 20, 2015 12:00 pm UTC| Technicals

RES 4: 0.7305 (61.8% retracement of 0.7379 and 0.71806) RES 3: 0.7270 (200 day HMA) RES 2: 0.7235 (Apr 14th High) RES 1: 0.7211 (20 day HMA) PRICE: 0.7193 @11:59 GMT SUP 1: 0.7150 (61.8%...

EUR/USD is trading near 200 day HMA, pullback till 1.0930 is possible

Apr 20, 2015 11:21 am UTC| Technicals

RES 4: 1.1035 (Apr 6th high) RES 3: 1.1000 RES 2: 1.0929 (76.4% retracement of 1.105 and 1.0519) RES 2: 1.0886 (8th high) RES 1: 1.0787 (20 day HMA) PRICE: 1.0733 @ 11:10 GMT SUP 1: 1.0683 (200 day HMA)...

USD/CAD up slightly regardless of China RRR & oil

Apr 20, 2015 10:15 am UTC| Technicals

Daily cloud base 100-DMA 1.2220 weigh on USD/CAD recovery China RRR cut initially boosted CAD but impact was limited Higher oil a barrier to CAD decline, Especially with specs short CAD Breaks April 17 high...

GBP/USD stops run out under Friday's 1.4917 low

Apr 20, 2015 09:44 am UTC| Technicals

Bids eyed around 1.4900. Stronger demand seen at 1.4850-70 100-DMA 1.4866 influence dip buyers EUR/GBP close back below daily cloud base (0.7198) would be bearish Given health UK housing plus Greece...

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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

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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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