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Gold-Silver Ratio above historic average implies Silver to outperform Gold

Apr 15, 2016 10:07 am UTC| Technicals

Historical average -15 Five years ago Gold Silver ratio is at 35 Gold-Silver ratio measures the number of silver ounces it takes to buy a single ounce of gold. The spread is currently trading at 75.98. Gold...

FxWirePro: NZD/JPY recovers most of previous week's losses, stays capped below daily cloud

Apr 15, 2016 09:19 am UTC| Technicals

NZD/JPY extends gains on the day, erasing most of Thursdays losses. Renewed risk-on wave in the markets on positive data supporting the higher-yielding currencies. The pair is on track to close the week higher paring...

FxWirePro: Norwegian krone turns negative after trade balance data

Apr 15, 2016 08:28 am UTC| Technicals

EUR/NOK is currently trading at 9.2793 levels. It made intraday high at 9.2819 and low at 9.2581 levels. Norways trade balance data released with negative numbers at 9.1B m/m vs 9.5B m/m previous...

FxWirePro: AUD/CAD finds strong resistance at 0.9915 levels, break above could see further upside

Apr 15, 2016 08:26 am UTC| Technicals

Aussie bulls buyoed by RBAs upbeat Financial Stability Review and renewed risk-on sentiment triggered by positive China data. FSR noted that the Australian financial system remains in good shape and overall household...

FX Hedging Strategy Series

FxWirePro: AUD/CAD intraday trend bullish bias but struggling to break 21DMA resistance – naked strangle shorts ahead of OPEC summit

Apr 15, 2016 08:24 am UTC| Technicals

After testing supports at 0.9788 levels that is at channel resistance, you could see the price bounces. But for now, AUDs strength is tested again at 21DMA like yesterday. So, one has to be cautious at this juncture...

FxWirePro: CAD/JPY forms double top around 85.75, good to sell on rallies

Apr 15, 2016 08:00 am UTC| Technicals

Pattern Formed Double Top Major resistance- 86.10 (Weekly Kijun-Sen) Major support 84.50 (55 day 4H EMA) The pair has once again retreated after making a high of 85.68. It is currently trading around...

FxWirePro: Silver fails to break key resistance at $16.19, intraday bias remains neutral

Apr 15, 2016 07:39 am UTC| Technicals

XAG/USD is currently trading around $16.15 marks. It made intraday high at $16.18 and low at $16.07 levels. Intraday bias remains slightly bearish till the time pair holds immediate resistance level at $16.19...

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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

U.S. President Donald Trump has signed a new executive order that could impose tariffs of up to 25% on countries that continue to do business with Iran, marking a significant escalation in Washingtons pressure campaign...

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

The United States and India have taken a significant step toward a long-anticipated bilateral trade agreement by releasing an interim trade framework aimed at lowering tariffs, reshaping energy ties, and strengthening...

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

U.S. stocks surged on Friday, posting their strongest session since May 2025, as investors regained confidence following a turbulent week marked by sharp losses in technology shares and uncertainty around the artificial...

Politics

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

A federal grand jury has returned an indictment against a 33-year-old Ohio man accused of threatening to kill U.S. Vice President JD Vance during the vice presidents visit to the Ohio region in January, according to the...

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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