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NZD/USD off daily highs after lower dairy auction volume

Feb 17, 2015 15:06 pm UTC| Technicals

Source: Thomson Reuters Fonterra dairy prices rise 10.1%, volumes lower (-18%) NZD/USD slips from daily highs, remains firm near Kijun Resistance at 0.7534 DM currencies firm as market expects Greek deal/extension...

EUR/GBP shorts squeezed en route to 0.74435

Feb 17, 2015 14:52 pm UTC| Technicals

EUR/GBP has scope to 0.75 if Greece blinks, EUR shorts could be squeezed more if Greece agrees deal EUR/GBP shorts squeezed en route to 0.74435, from 0.7375 0.7375 = Asia low after Greek debt talks broke down...

AUD/JPY higher helped by M&A, upside limited

Feb 17, 2015 14:15 pm UTC| Technicals

Source: Thomson Reuters Lead yen pairs higher helped by MA, Yen havens softer today despite Greek stalemate Repeated Feb highs just above 0.9300 nearby, Kijun 50% Fib key at 0.9335 AUD/USD above 0.7795 daily pivot...

GBP/USD eyes 200 HMA again on pullback

Feb 17, 2015 13:44 pm UTC| Technicals

Source: Thomson Reuters False break of 76.4% of Jan 1.5588/1.4952 decline at 1.5438 Mon weighs GBP/USD eyes 200 HMA again after pullback to 1.5352 Slow stochs peak in overbought territory, negative cross generates...

USD/MXN eyes Fib support at 14.7953, oil providing lift for MXN

Feb 17, 2015 13:11 pm UTC| Technicals

Source: Thomson Reuters USD/MXN trades -0.6% lower in early NY trade, oil up slightly providing lift for MXN Intra-LatAm flows light for Carneval, no local Mex data today USD/MXN support by 14.80 50% Fib/21-DMA...

USD/CHF bids filled by the 200 DMA

Feb 17, 2015 11:15 am UTC| Technicals

Pair corrects earlier gains to 0.9367 and the bid has been filled at 0.9315 Target 0.9550, by 76.4% of 1.0212/0.7360 post floor removal slide at 0.9539 By monthly lows from Dec 2014 at 0.9554 Stops are at...

USD/CAD falls below 1.24 on strong oil, WTI at 53.20

Feb 17, 2015 10:42 am UTC| Technicals

1.2382 = 11-day low for USD/CAD as CAD regains from rising oil prices WTIat USD 53.20/barrel, 40 cents higher thanMonday USD/CAD support levels are 1.2375 (Feb 6 low) 1.2353 (Feb 3 low) Break below...

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Economy

Dollar Eases as Middle East Conflict, Fed Outlook and Japan Pension Policy Drive FX Markets

The U.S. dollar gave up early gains on Monday as investors weighed escalating conflict in the Middle East against shifting expectations for Federal Reserve policy, while the Japanese yen weakened after a Reuters report...

European Stocks Slip as Middle East Tensions and Hormuz Threat Rattle Markets

European stock markets opened lower on Monday as escalating conflict in the Middle East fueled a broad risk-off sentiment, while Irans announcement that it had closed the Strait of Hormuz heightened fears of global energy...

South Korea’s KOSPI Triggers Trading Curb as AI Chip Stock Selloff Deepens

South Koreas benchmark KOSPI index briefly triggered a trading curb on Monday after tumbling more than 5%, as heavy selling in major technology and semiconductor stocks rattled Asian markets. The sharp decline reflected...

Iraq PM Visits Washington as U.S. Oil, Gas Deals Take Center Stage

Iraqs Prime Minister Ali al-Zaidi is set to visit Washington on Monday as Baghdad and the United States seek to strengthen their strategic partnership through new energy, trade and investment agreements. The visit is...

Asian Currencies Weaken as Stronger Dollar Weighs, Yen Supported by GPIF Repatriation Hopes

Most Asian currencies traded lower on Monday as a stronger U.S. dollar and rising Treasury yields pressured regional foreign exchange markets, while the Japanese yen drew support from renewed speculation that Japans...

Politics

Ukraine, Europe Launch Freyja Missile Shield to Strengthen Air Defense Against Russia

Ukraine and nine European allies have launched a new air defense coalition to develop Freyja, a European-backed anti-ballistic missile system designed as a lower-cost alternative to the U.S.-made Patriot system. The...

EU Ministers Split as Support Grows for Ban on Trade With Israeli West Bank Settlements

European Union foreign ministers signaled growing support for restricting trade with Israeli settlements in the occupied West Bank during a meeting in Brussels on Monday, though the bloc remains divided over how to...

UK Sanctions 24 Russian-Linked Targets Over Cyberattacks and Election Interference

The United Kingdom on Monday imposed sanctions on 24 individuals and entities linked to Russia over alleged cyberattacks, election interference, and the spread of anti-Ukraine disinformation across Europe. The move marks...

EU to Propose New Rules Limiting Children's Access to Social Media

The European Commission is preparing to introduce new rules aimed at limiting childrens access to social media platforms, with a formal proposal expected after the summer break, European Commission President Ursula von der...

HHS Watchdog Reports $5.56 Billion in Healthcare Fraud Recoveries as Enforcement Actions Decline

The U.S. Department of Health and Human Services (HHS) Office of Inspector General (OIG) reported $5.56 billion in expected recoveries and projected savings during the six months from October through March, while excluding...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

TSMC Q2 Revenue Surges 36% as AI Chip Demand Powers Growth Ahead of Earnings

Taiwan Semiconductor Manufacturing Co. (TSMC), the worlds largest contract chipmaker, posted strong second-quarter revenue growth as robust demand for artificial intelligence (AI) chips continued to drive business across...

Samsung to Launch First Yongin Chip Plant by 2029 as South Korea Speeds Up Semiconductor Hub

Samsung Electronics is set to begin operations at its first semiconductor fabrication plant in the Yongin chip cluster in 2029, marking a faster-than-expected rollout of one of South Koreas most significant chip...

Morgan Stanley Says China’s Reusable Rocket Progress Poses Long-Term Challenge to SpaceX

Morgan Stanley believes Chinas rapidly advancing reusable rocket program represents the biggest long-term competitive threat to SpaceX, following the countrys first successful recovery of an orbital-class rocket booster....

SK Hynix Shares Drop After Strong Nasdaq Debut Despite $26 Billion ADR Listing

SK Hynix shares fell as much as 4.4% in early trading on Monday, even after the South Korean memory chip giant posted a strong debut on the Nasdaq following one of the largest U.S. listings by an Asian technology company....

Apple Sues OpenAI, Former Employees Over Alleged Trade Secret Theft

Apple has filed a lawsuit against OpenAI and two former Apple employees, accusing them of misappropriating confidential company information and trade secrets tied to its hardware development efforts. The lawsuit, filed...
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