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EUR/CHF hits 1.0770 but halts intraday

Feb 19, 2015 10:31 am UTC| Technicals

Pairs prices have cleared both the initial post-floor-break bounce high at 1.0651 and the 61.8% of the Jan 15 collapse session at 1.0669 this week Sets the cross up for a continued extension north New...

EUR/JPY lifts in favor of long trade

Feb 19, 2015 09:36 am UTC| Technicals

Long look to complete the 38.2% of the Dec-Jan slide at 137.65 This is close by the Jan 20 137.64 high Intraday prices steady to session highs just ahead 136.00 136.22 was Weds high and a retest here...

USD/JPY holds above cloud

Feb 19, 2015 09:11 am UTC| Technicals

118.42 lows pressured in Asia and possible retest here intraday Above Ichimoku cloud top at 118.28 Moved above the cloud Tuesday Rebound came from the 618% fibo of the Feb range at 118.10 Above here...

GBP/USD slows pace to 1.5600

Feb 19, 2015 09:07 am UTC| Technicals

Strong demand side fades as market loses momentum Pair favors a 1.5600 test but slower on Thursday 1.5480 Wed high, 1.5600 100DMA and 1.5621 Dec 31 high Support = 10DMA at 1.5333 and Tues low at...

EUR/USD slightly better bid but market wary

Feb 19, 2015 08:42 am UTC| Technicals

Pair finds potential for a return to the 1.1450 Wed highs but slow going Market still short, caps near term losses, support seen at 1.1390-00 Could rise to the mid-1.15s Market cautious over Greece but...

EUR/GBP better levels to sell above 0.7400

Feb 19, 2015 08:29 am UTC| Technicals

Long-term bear trend strengthens after new 7 year low at 0.7348 was made on Wed Correction off closing in on 0.7400 intraday Stay with the sell strategy, offer at the 200 HMA by 0.7410 Downside targets...

EUR/SEK sees tight market with upside scope

Feb 19, 2015 08:23 am UTC| Technicals

Pairs offers to Wed 9.5760 highs but bids moves in, 9.5150-5250 200HMA supports at 9.5170 and minor resistance is at 9.5560 Currency intervention remains a tool in the central banks arsenal,...

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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

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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

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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

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Trump Allows Commercial Fishing in Protected New England Waters

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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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