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FxWirePro: USD/KRW remains well supported above 1135, good to buy on dips

Apr 22, 2016 01:34 am UTC| Technicals

USD/KRW is currently trading around 1140 levels. It made intraday high at 1141 and low at 1138 levels. Intraday bias remains bullish till the time pair holds immediate support at 1135 marks. A daily close...

FxWirePro: USD/JPY breaks key support at 109.48, Japan’s flash manufacturing PMI data eye

Apr 22, 2016 01:07 am UTC| Technicals

USD/JPY is currently trading around 109.38 marks. It made intraday high at 109.49 and low at 109.27 levels. Intraday bias remains neutral till the time pair holds key support at 109.48 marks. A daily close...

FxWirePro: AUD/USD declines to hit 4-day lows but bias is still bullish

Apr 21, 2016 19:46 pm UTC| Technicals

AUD/USD declined to trade in lower range on Thursday as risk appetite took over financial markets after ECB press conference. The pair broke below the 0.7760 support level in the US session and hit low at 0.7732,...

FxWirePro: USD/JPY maintains bullish bias with focus on 110.00

Apr 21, 2016 18:11 pm UTC| Technicals

The USD/JPY pair inched higher towards 109.80 on Thursday, a fresh 2-week high, as demand for risker assets increased following yesterdays positive US housing data. The major pair traded higher for most of the day,...

FxWirePro: Gold rallies to 1-month high, scope for further upside

Apr 21, 2016 15:29 pm UTC| Technicals

Gold retreated towards 1249 levels in volatile session on Thursday as dollar firmed after ECB press conference. The yellow metal initially jumped after European Central Bank President Mario Draghi said the monetary...

FxWirePro: EUR/USD runs out of steam but maintains bullish outlook

Apr 21, 2016 14:09 pm UTC| Technicals

The EUR/USD rose towards 1.1400 levels on Thursday after European Central Bank held interest rate unchanged at record lows followed by ECB press conference. The pair surged strongly at the beginning of the US session...

FxWirePro: USD/CAD gains some upside but bias still bearish

Apr 21, 2016 13:18 pm UTC| Technicals

The USD/CAD fell down towards 1.2630, a fresh 9-month low as the pair was weighted down by strong Canadian dollar. However, the pair recovered some ground in the early US session, as oil prices dipped slightly following...

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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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