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USD/MYR bounces to 3.6650 last, up from low at 3.6490

Apr 16, 2015 06:39 am UTC| Technicals

Pair stays whippy, fresh gains in USD into early Europe underpins Liquidity super thin, further exaggerating price moves Traders said markets still caught long, more stops eyed below 3.6490 Pair last at...

EUR/USD Spiked to 1.0748 early Asia but failed to sustain the break

Apr 16, 2015 06:34 am UTC| Technicals

The average continues to provide resistance, last at 1.0726 Confident of further weakness in favour of the short Retracement levels of the 1.0571/1.0748 rise at 1.0660,...

NZD/USD at 0.7595 NY close highest since 26 Mar on weaker USD

Apr 16, 2015 06:22 am UTC| Technicals

Sideways 0.7580/0.7600 before USD slide renewed dropping DXY 0.4% NZD spiked to 0.7620/25 in response then levelled off as USD based Strong Australia jobs report sent AUD higher routing NZD to 0.7640 top AUD...

USD/SGD bounces on SGD/MYR dump, profit taking

Apr 16, 2015 05:56 am UTC| Technicals

Cross collapse below 2.72, heavy unwind, last 2.7080 USD/MYR dived to 3.6545-65 last, down from 3.6800 early high Markets caught long into fix too, heavy selling below 3.6650 USD/SGD last 1.3555-60, off ...

USD/JPY recovers from 118.77 level, trend reversal only below 118.16

Apr 16, 2015 05:32 am UTC| Technicals

RES 4: 122 (Mar 10th high) RES 3: 120.81 (Apr 13th high) RES 2: 120.15 (200 day 4HMA) RES 1: 119.75 (55 DAY 4HEMA) PRICE: 119.34 @ 05:22 GMT SUP 1: 118.70 (Apr 3rd low) SUP 2: 118.16 (61.8%...

USD/JPY moving higher as Japanese buyers getting more insistent

Apr 16, 2015 04:40 am UTC| Technicals

AUD/JPY short covering and fresh demand also underpinning USD/JPY has formed double bottom at 118.79 and encouraging fresh longs Resistance 119.75/80 where tankan line, 20 day MA and Wednesday high...

USD/THB traded to 32.38 low early but stalled, last 32.41-32.44

Apr 16, 2015 03:24 am UTC| Technicals

Fear of intervention, local bids check selling interest BOT under pressure by local biz calls to curb THB strength - Nation reports Anticipation of rate cut but BOT insists FX not real problem for...

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Economy

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...

Trump Meets Mexico and Canada Leaders After 2026 World Cup Draw Amid USMCA Tensions

U.S. President Donald Trump met with Mexican President Claudia Sheinbaum and Canadian Prime Minister Mark Carney in Washington on Friday, holding private talks focused on trade, immigration, and regional cooperation. The...

Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data

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Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification

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Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures

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Politics

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...

Cuba Quietly Signals Openness to Post-Maduro Venezuela as U.S. Pressure Intensifies

U.S. pressure on Venezuela has triggered discreet outreach from figures inside the Cuban government, according to two sources familiar with the sensitive communications. The individuals, who requested anonymity, said that...

Escalating Conflict in Eastern Congo Despite U.S.-Brokered Peace Efforts

Fighting intensified across eastern Democratic Republic of Congo on Friday, just a day after U.S. President Donald Trump met with Congolese President Felix Tshisekedi and Rwandan President Paul Kagame in Washington. The...

Honduras Awaits Final Election Results as Asfura Holds Slim Lead Amid U.S. Attention

Honduras presidential race tightened further on Friday as conservative candidate Nasry Asfura maintained a razor-thin lead while vote counting stretched into a sixth day. With 87.84% of ballots counted, the National Party...

Trump’s New U.S. Strategy Seeks to Deter China and Protect Taiwan

President Donald Trumps administration has outlined a strengthened U.S. strategy aimed at preventing conflict with China over Taiwan and the South China Sea by expanding American and allied military power. The latest...

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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