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FxWirePro: EUR/NZD Trade Idea

Feb 14, 2019 11:35 am UTC| Technicals

EUR/NZD chart on Trading View used for analysis Technical Analysis: Bias Bearish - Price action below major moving averages and cloud - Recovery rejected at 55-EMA, Stochs and RSI are sharply lower - MACD is on verge...

FxWirePro: EURUSD trade Idea

Feb 14, 2019 11:34 am UTC| Technicals

EURUSD has pared some of its loss made yesterday after better than expected German prelim GDP data.Euro has jumped till 1.13414 on Feb 12thand shown a decline till 1.12489. The German 4thquarter GDP came at 0% compared to...

FxWirePro:USD/CAD recovers from 1-week low on broad based US dollar buying, good to buy on dips

Feb 14, 2019 11:29 am UTC| Technicals

USDCAD has once again recovered more than 50 pips from the low on broad based US dollar buying. The pair has formed temporary top around 1.36648 on Jan 2ndon account of better than expected Canadian economic data and jump...

FxWirePro: USDCHF Daily Outlook

Feb 14, 2019 10:49 am UTC| Technicals

Major resistance- 1.01285 USDCHF is consolidating between narrow range in past two trading days. The pair hits high of 1.00982 for the day and shown a minor decline. It has formed almost a triple top near 1.0100...

FxWirePro:S&P500 trades higher for fourth consecutive day on US-China trade optimism, jump till 2820 likely

Feb 14, 2019 10:06 am UTC| Technicals

SP500 is trading higher for fourth consecutive day after breaking major resistance around 2744. The index has closed above 200- day MA for 2ndconsecutive day on US-China trade optimism and better than expected corporate...

FxWirePro: FTSE100 hits 2-1/2 month high following footsteps of global market, jump till 7314 likely

Feb 14, 2019 09:27 am UTC| Technicals

FTSE100 `continues to trade higher for 5thconsecutive day following more than 50 points jump yesterday. The index is trading higher following footsteps of US market. SP500 has broken 200- day MA after a long consolidation...

FxWirePro: EUR/CAD slips below 78.6% Fib at 1.4944, bias lower, stay short

Feb 14, 2019 09:18 am UTC| Technicals

EUR/CAD chart on Trading View used for analysis The single currency remains bid as we await EU preliminary Q4 GDP data. EUR/CAD trades 0.08% higher at 1.4935 at 0910 GMT, bias remains bearish. Technical...

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Economy

KOSPI Drops Nearly 5% as Samsung, SK Hynix Lead AI Stock Selloff

South Koreas benchmark KOSPI tumbled nearly 5% on Monday, extending losses after recording its worst monthly decline since the 2008 global financial crisis. Renewed selling in major semiconductor stocks erased much of...

Japanese Yen Rallies as Intervention Hopes and BOJ Outlook Weigh on USD/JPY

The Japanese yen extended its rally against the U.S. dollar on Monday, climbing nearly 1% as investors increased bets that Japanese authorities could launch another coordinated currency intervention with the United States...

Gold Prices Rise as Trump Delays Iran Strike, Oil Slumps

Gold prices edged higher on Monday after a sharp decline in oil prices eased inflation concerns, boosting demand for safe-haven assets. The rally came after U.S. President Donald Trump delayed a planned military strike...

Asian Stocks Slide as AI Selloff Hits South Korea, Oil Prices Drop on Iran Talks

Asian stock markets opened the week lower on Monday, with South Korea leading regional losses as renewed selling in artificial intelligence-related technology stocks overshadowed improving investor sentiment from easing...

US Stock Futures Rise as Trump’s Iran Talks Boost Market Sentiment Ahead of Key Earnings

U.S. stock index futures moved higher late Sunday after President Donald Trump announced that negotiations with Iran would begin on Monday, easing geopolitical concerns and lifting investor sentiment. The prospect of...

Politics

Former House Appropriations Chair Kay Granger Dies at 83

Former U.S. Representative Kay Granger, a longtime Texas Republican and the first Republican woman to chair the powerful House Appropriations Committee, has died at the age of 83, according to confirmation from her son,...

Taiwan Says U.S. Military Cooperation Is Stronger Than Many Realize

Taiwans military cooperation with the United States is stronger than many people realize, Defence Minister Wellington Koo said, highlighting expanding exchanges with the U.S. Pacific Command as Taipei works to strengthen...

Russian Border Drone Strike Kills Child in Belgorod, Injures Two Others

A Ukrainian drone strike in Russias Belgorod region killed a 13-year-old girl and injured two other children on Sunday, according to local Russian officials. The incident occurred near a playground in the border village of...

China Defends Industrial Policy Ahead of Key U.S. and EU Trade Talks

China is doubling down on its industrial-focused economic strategy as it prepares for high-stakes trade negotiations with the United States and the European Union, signaling little intention of making major policy changes...

Israel Strikes Gaza as Trump Ceasefire Push Faces Fresh Challenges

Israeli airstrikes killed at least 18 Palestinians across Gaza on Sunday, marking a second consecutive day of heavy bombardment despite U.S. President Donald Trumps announcement of progress toward implementing last years...

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

Meta Cuts Wipro Outsourcing by 25% After AI-Led Restructuring

Meta Platforms has reportedly reduced the amount of IT work it outsources to Wipro Ltd by at least 25% following an artificial intelligence-driven restructuring that resulted in the closure of its digital marketing...

Alibaba Stock Jumps as Qwen 3.8-MAX AI Model Intensifies China's AI Race

Alibaba Group (HK:9988) shares climbed sharply on Monday after the company introduced Qwen 3.8-MAX, the newest version of its flagship artificial intelligence model, highlighting its growing ambitions in the rapidly...

SpaceX Earnings Preview: Bernstein Says 4 Key Factors Will Drive Long-Term Valuation

Space Exploration Technologies Corp. (NASDAQ: SPCX) is set to release its first quarterly earnings report on August 4, but Bernstein believes investors should focus less on the financial results and more on managements...

AI Data Center Boom Faces New Risks as Public Backlash and Policy Scrutiny Grow

Public opposition to large-scale data center construction is rising sharply, creating new challenges for the artificial intelligence (AI) infrastructure boom, according to Wolfe Research. The firm identified growing voter...

T-Mobile Executives Reportedly Oppose $300 Billion Deutsche Telekom Merger

Senior executives at T-Mobile US have reportedly told parent company Deutsche Telekom that they do not support a proposed $300 billion merger between the two companies, citing shareholder resistance and potential...