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EUR/USD eyes early March highs post-GDP miss

Apr 29, 2015 13:04 pm UTC| Technicals

Big miss to GDP weighs on earlier US yield rally, USD tumbles as well Daily cloud top Mar 4 high there, RSIs bullish, likely to aid gains Market leans towards a more dovish Fed now, DE-US yield spreads narrow Early...

USD/MXN drifting higher with UST yields ahead of US GDP

Apr 29, 2015 12:20 pm UTC| Technicals

USD/MXN edges higher in early NY, buoyed by UST yields rise ahead of US GDP Focus on FOMC later in day, may leave June on table, focus on data USD/MXN above daily cloud eyes resistance at 15.3446 10-DMA, down TrendLine...

EUR/GBP is in consolidation phase, trend reversal only above 0.7239

Apr 29, 2015 11:57 am UTC| Technicals

RES4: 0.7300 RES 3: 0.72793 (61.8% retracement of 0.7379 and 0.7112) RES 2: 0.7239 (200 day 4HMA) RES 1: 0.7210 (Apr 23rd high) PRICE: 0.7160 @11:54 GMT SUP 1: 0.7150 (61.8% retracement of...

EUR/USD breaks 1.100, jump till 1.105 is possible

Apr 29, 2015 11:19 am UTC| Technicals

RES4: 1.1070 (trend line joining 1.0360 and 1.10510) RES 3:1.1050 (Mar 26th high) RES 2:1.1035 (Apr 6th High) RES 1: 1.100 PRICE: 1.09976@ 11:18 GMT SUP 1: 1.0977 (20 day 4HMA) SUP2: 1.0935...

NZD /USD is facing strong resistance around 0.7740, good to buy at declines.

Apr 29, 2015 10:18 am UTC| Technicals

RES4: 0.7855 RES3:0.7837 (76.4% retracement of 0.80335 and 0.7175) RES2: 0.7800 RES 1: 0.7740 (Apr 22nd high) PRICE:0.7670 @10:15 GMT SUP 1: 0.7649 (200 day HMA) SUP 2: 0.7580 (Cloud bottom) SUP 3:0.7540 (Apr 24th...

USD/TRY trading in tight range ahead today's US GDP and Fed statement

Apr 29, 2015 10:09 am UTC| Technicals

Massive 2.6500 expires adds to static trade Another USD 750mln expiries at same level May 1 Pivotal at 2.6527, 21 DMA and below that 2.5555 (April low) level eyed Correction of positioning imbalance...

NZD/USD relatively dovish steers expected from both central banks

Apr 29, 2015 09:37 am UTC| Technicals

FOMCRBNZstatements in pipeline, at 1800GMT 2100GMTrespectively 0.7740 break risk will increase if Fed overly dovish/RBNZ relatively hawkish Dovish RBNZ McDermott commentsdeflated NZD/USD to 0.7537 last...

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Economy

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal

President Donald Trump has signed a landmark executive order removing the 25% penalty tariff on Indian goods, signaling a major shift in U.S.India trade relations and global geopolitical alignment. The move functions as...

Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran

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U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains

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Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

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Politics

Ohio Man Indicted for Alleged Threat Against Vice President JD Vance, Faces Additional Federal Charges

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New York Legalizes Medical Aid in Dying for Terminally Ill Patients

New York has officially joined a growing number of U.S. states allowing medical aid in dying after Governor Kathy Hochul signed landmark legislation into law on Friday. The new New York medical aid in dying law permits...

Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

U.S. President Donald Trump said on Friday that very good talks are ongoing regarding Russias war in Ukraine, signaling potential movement in long-running diplomatic efforts to end the conflict. Speaking briefly to...

China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

China has issued a strong warning to the United States, signaling that any additional arms sales to Taiwan could seriously jeopardize U.S. President Donald Trumps planned visit to China in April. According to a report...

Trump Allows Commercial Fishing in Protected New England Waters

U.S. President Donald Trump has signed a proclamation permitting commercial fishing in a previously restricted marine protected area off the coast of New England, a move that has sparked renewed debate over ocean...

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....
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