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EUR/USD may see an end to a long period of consolidation

Feb 24, 2015 08:30 am UTC| Technicals

ECBs Draghi speaks at 14GMT but key event is Feds Yellen 15GMT testimony Attention on whether Fed chair leaves door ajar for mid-year rate hike Eurogroup likely to respond to proposed Greek reforms later...

EUR/JPY looks to fade recovery

Feb 24, 2015 08:27 am UTC| Technicals

Long tail on Fridays candlestick line is a drawback for bears Spot unsuccessful in performing a daily close sub 134.20 134.20 - 38.2% of the 130.16 to 136.70 up-leg Market needs a daily close sub...

USD/JPY set for further gains

Feb 24, 2015 08:25 am UTC| Technicals

Pair continues trading above the Ichimoku cloud indicative of upside potential Daily close above tenkan line required at 119.29 Tenkan kijun lines stay positively aligned, also a bullish sign Solid...

USD/MYR floats by fresh oil slide, higher USD/JPY

Feb 24, 2015 08:22 am UTC| Technicals

USD/MYR picks up uptrend, good bids checked selling at 3.6240 Pair last back to 3.6350 bid, matches opening high this morning Extended fall in oil prices, fresh rally in USD/JPY strengthens Nymex light...

USD/JPY remains at 119 now, Nikkei to fresh 15-year high

Feb 24, 2015 06:18 am UTC| Technicals

USD/JPY sustains above 119.00, 119.17 high so far. Nikkei supports, closes 18,603.48, +136.56 pts/0.74%, high of session. Highest since April 25, 00 when it saw a high of 18,630.30. Resistance at 19.000...

USD/THB stable

Feb 24, 2015 06:17 am UTC| Technicals

USD/THB caught between tight 32.55-32.60 range FII related inflows weigh but Fed expectations, bullish USD/Asians strengthens Deputy BOT governor said policy rate low, further cut unlikely to boost...

EUR/USD ranges rule, but encounters plenty of event risk

Feb 24, 2015 05:44 am UTC| Technicals

Tight Asian range into Yellens testimony Greek submission 1.1280-85 1.3BLN, 1.1300 1.3BLN 1.1315 543M option strikes provide support Momentum studies conflict - 5, 10 20 dmas curl - 20 day Bollingers...

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Economy

US Stocks Rise Ahead of Fed Rate Decision

U.S. stocks opened higher on Wednesday, snapping back after six declines in the previous seven sessions as easing oil prices provided some relief ahead of a closely watched Federal Reserve interest rate decision. At 9:32...

Vietnam, U.S. Firms Plan 29 Deals Across Energy, Tech and Aviation

Vietnamese and U.S. companies are expected to announce a broad package of commercial agreements covering energy, technology, aviation and financial services next week as Vietnamese leader To Lam visits New York. An...

UK Inflation Rises to 3.1% Ahead of BoE Rate Decision

UK inflation accelerated in August, adding pressure on households and policymakers just one day before the Bank of England is expected to announce its latest interest rate decision. Official figures released Wednesday...

Asian Currencies Subdued as Yen Slides Ahead of Fed, BOJ Decisions

Asian currencies traded mostly cautiously on Wednesday as the Japanese yen weakened to a one-week low and the U.S. dollar remained near multi-week highs ahead of key Federal Reserve and Bank of Japan policy decisions. The...

Saudi Arabia Raises Security Alerts as Houthi Attacks Threaten Oil Routes

Saudi Arabia issued widespread security alerts on Tuesday, including in Mecca and Jeddah, as attacks by Iran-aligned groups intensified and raised fresh concerns over Middle East oil supplies and Red Sea shipping. The...

Politics

Guterres Urges Stronger Global AI Safeguards Ahead of UN Assembly

United Nations Secretary-General Antonio Guterres warned world leaders on Wednesday that the rapid development of artificial intelligence carries significant risks that governments cannot afford to overlook, highlighting a...

Rodrigo Duterte Makes First Public Appearance at ICC in 18 Months

Former Philippine President Rodrigo Duterte appeared before the International Criminal Court (ICC) on Wednesday, marking his first public appearance since being transferred to The Hague 18 months ago to face murder charges...

US Confirms Weapons in Orbit as Space Tensions Rise

The United States has publicly acknowledged operating weapons in Earths orbit, marking a major shift in how the Pentagon discusses military capabilities in space as competition with China and Russia intensifies. U.S. Air...

South Korea’s Cho Hyun to Meet Rubio in Washington

South Korean Foreign Minister Cho Hyun will travel to Washington this week for talks with U.S. Secretary of State Marco Rubio, as Seoul and Washington seek to maintain close coordination on their bilateral alliance, the...

Ovechkin Faces Scrutiny Over United Russia Campaign Video

Washington Capitals star Alexander Ovechkin has drawn renewed attention over his political ties after appearing in a campaign video connected to United Russia, the ruling party backed by Russian President Vladimir Putin....

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

Databricks to Invest $350 Million in Singapore AI Expansion

Databricks plans to invest more than $350 million in Singapore over the next three years, expanding its presence in the city-state as demand rises for its data and artificial intelligence products. The privately held data...

SK Hynix, Intel Discuss U.S. Memory Chip Production Deal

SK Hynix is reportedly in discussions with Intel over a potential agreement to manufacture memory chips in the United States, a move that would mark the South Korean semiconductor giants first U.S.-based memory production....

DOJ Will Investigate AI-Related Crimes, Attorney General Blanche Says

U.S. Attorney General Todd Blanche said the Department of Justice will investigate individuals or companies connected to artificial intelligence when there is evidence they have violated federal criminal law, while...

Meta CEO Zuckerberg Backs Independent AI Safety Reviews Over Development Slowdown

Meta CEO Mark Zuckerberg has argued that artificial intelligence companies should prioritize independent safety evaluations and stronger alignment rather than slowing the pace of AI development. Zuckerberg said AI...

Nvidia CEO Jensen Huang Expected at Trump-Xi State Dinner

Nvidia CEO Jensen Huang is expected to attend a state dinner hosted by U.S. President Donald Trump for Chinese President Xi Jinping next week, placing one of the technology industrys most prominent executives at the center...
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