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FxWirePro: Swedish krona falls ahead of employment data, good to buy on dips

Apr 25, 2016 05:21 am UTC| Technicals

EUR/SEK is currently trading around 9.1670 levels. It made intraday high at 9.1685 and low at 9.1322 levels. Intraday bias remains bullish for the moment. A daily close below 9.1492 will tests key supports...

FxWirePro: AUD/JPY rejected at strong trendline resistance at 86.22, good to sell rallies

Apr 25, 2016 05:17 am UTC| Technicals

AUD/JPY extended upside on negative yen fundamentals, but upside was capped at strong trendline resistance at 86.22. Markets nervous ahead of key central banks events along with a fresh batch of economic data lined up...

FxWirePro: AUD/USD struggles at 0.77 handle, good to sell rallies

Apr 25, 2016 04:46 am UTC| Technicals

AUD/USD is attempts to retake the 0.77 handle after hitting lows of 0.7691, but bears more dominant. Pair is struggling to extend gains beyond the 0.77 handle, downside likely to extend. The major has broken...

FxWirePro: Indian rupee hits fresh 2 –week low against US dollar, good to buy on dips

Apr 25, 2016 04:21 am UTC| Technicals

USD/INR is currently trading at 66.70 marks. It made intraday high at 66.71 and low at 66.65 levels. Intraday bias remains bullish till the time pair holds key support at 66.47 marks. A daily close below...

FxWirePro: NZD/USD holds minor support at 0.6835, good to short breaks below

Apr 25, 2016 04:05 am UTC| Technicals

NZD/USD has broken strong trendline support at 0.6835 on Fridays trade and is currently trading at 0.6858. The pair is extending declines after upside was capped by channel top at 0.7045, has slipped below 510 day...

FxWirePro: Gold range bound in Asian hours, remains well supported above $1230

Apr 25, 2016 04:02 am UTC| Technicals

XAU/USD is currently trading around $1233 mark. It made intraday high at $1234 and low at $1229 levels. Intraday bias remains bullish till the time pair holds immediate support at $1227 marks. A daily close...

FxWirePro: USD/JPY subdued on profit taking, finds strong support at 111.04

Apr 25, 2016 03:37 am UTC| Technicals

USD/JPY remains subdued in early Asian session as markets resort to profit taking at highs. The major broke above strong resistance at 109.90 and took out 110.40 to hit highs of 111.88. Markets cautious as we...

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Economy

Asia FX Weekly Gains Hold Amid U.S. Inflation Data and Iran Ceasefire Uncertainty

Most Asian currencies slipped slightly on Friday but remained on track to close the week in positive territory, as traders adopted a cautious stance ahead of the U.S. March Consumer Price Index (CPI) release and monitored...

U.S. Inflation Surges in March as Iran War and Tariffs Drive Prices Higher

Marchs Consumer Price Index is expected to post its sharpest monthly increase in nearly four years, driven by skyrocketing oil prices tied to the U.S.-Iran conflict and the ongoing ripple effects of import tariffs. The...

Asian Stocks Rally on Ceasefire Hopes and Bargain Buying

Asian equity markets climbed higher on Friday, driven by cautious optimism surrounding ceasefire negotiations between Iran and the United States. Regional benchmarks were also on track to close out the week with strong...

White House Warns Staff Over Insider Trading Amid Suspicious Oil Market Bets

The White House issued an internal warning to staff on March 24, cautioning employees against exploiting their government positions to gain an unfair advantage in financial futures markets. The directive came just one day...

U.S. Futures Slip as Iran Ceasefire Uncertainty and CPI Data Weigh on Markets

U.S. stock index futures edged slightly lower Thursday evening as investors exercised caution ahead of high-stakes ceasefire negotiations between Washington and Tehran, while bracing for a closely watched inflation report....

Politics

Trump's Iran Ceasefire Deal: What Really Happened Behind the Scenes

President Donald Trumps ceasefire agreement with Iran almost came with a dramatic national televised address but senior White House advisers quietly shut the idea down. According to three U.S. officials who spoke to...

JD Vance Heads to Islamabad for High-Stakes U.S.-Iran Peace Talks

JD Vance is set to lead U.S. diplomatic negotiations with Iranian officials in Islamabad on Saturday, marking the first direct talks between the two nations since the war erupted on February 28. His involvement comes after...

Global Elections 2026: What Investors and Markets Are Watching

Political uncertainty is sweeping the globe in 2026, with a series of high-stakes elections poised to reshape economic policies and rattle financial markets. From Eastern Europe to South America, investors are keeping a...

Xi Jinping and KMT's Cheng Li-wun Meet in Beijing Amid Cross-Strait Tensions

Chinese President Xi Jinping met with Kuomintang (KMT) Chairwoman Cheng Li-wun in Beijing on Friday, emphasizing that people on both sides of the Taiwan Strait share a common Chinese identity and that the future of...

Pilots Fear Retaliation for Refusing Middle East Flights Amid Ongoing Conflict

Airline pilots expressing safety concerns about flying through Middle Eastern airspace are reportedly facing threats of lost wages or termination if they decline assignments, according to Ron Hay, president of the...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...

Anthropic's Mythos AI Model Sparks Emergency Cybersecurity Meeting With Top U.S. Bank CEOs

U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent closed-door meeting with the chief executives of Americas largest banks this week, warning them about serious cybersecurity...

Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth

Bank of America has spotlighted a select group of Asia-Pacific semiconductor companies well-positioned to ride the wave of surging artificial intelligence chip demand, with Taiwan Semiconductor Manufacturing Company...

China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs

Chinese artificial intelligence stocks continued their remarkable rally on Thursday, with Zhipu AI and MiniMax Group posting strong gains in Hong Kong trading as a wave of new model launches and product announcements...
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