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FX Hedging Strategy Series

FxWirePro: Cover GBP/CHF longs before getting stuck in blood bath, gravestone at 1.4660 to reject resistance - binary puts to speculate

Feb 04, 2016 12:52 pm UTC| Technicals

Technicals on all time frames raise a caution for ongoing short term uptrend as previous upswings have not been able to break above resistance levels at 1.4778, instead formed a gravestone doji at 1.4660 (see circled spots...

FX Hedging Strategy Series

FxWirePro: Adamant bulls in GBP/CAD can hedge unsustainable rallies with collar gamma combinations

Feb 04, 2016 12:09 pm UTC| Technicals

We would say GBPCAD likely to evidence some corrections but if you think that GBP should revert to outperformance on the crosses or you are in love with GBPCADs uptrend or stuck with any payable exposure, now worries we...

USD/CHF breaks major support 1.000, targets 0.9900

Feb 04, 2016 11:51 am UTC| Technicals

The pair has broken major support 1.0050 and declined till 0.9980. It is currently trading around 1.0009. Short term trend is slightly weak as long as resistance 1.008 holds On the lower side major support is around...

JPY firms against US dollar, more downside expected

Feb 04, 2016 10:56 am UTC| Technicals

Pair is well supported above 117.00 marks. It made intraday high at 118.24 and low at 117.33 levels. A break of 117.05 is necessary to confirm the bearish trend and below this major support falls at 117.85 levels....

FX Hedging Strategy Series

FxWirePro: GBP/CAD can’t be spared from losing on Super Thursday, casts-off resistance 2.0292

Feb 04, 2016 10:33 am UTC| Technicals

Today it would be a hectic day for the Bank of England as it has to deliver two important policy decisions, MPC minutes and the Inflation Report. In between, the central bank will likely keep interest rates at...

US Dollar Index break major support 97.20, decline till 96.25/95.60 is possible

Feb 04, 2016 10:20 am UTC| Technicals

Major support -97.20 (Dec 15th 2015) Dollar index has broken major support 97.20 and declined till 96.77 at the time of writing. It is currently trading around 96.80. Any break below 97.20 confirms minor weakness, a...

FxWirePro: aussie turns higher, RBA monetary policy in focus

Feb 04, 2016 09:34 am UTC| Technicals Central Banks

The Aussie continued to add further gains and made new intraday high at $0.7218 levels. Pair is currently trading at $0.7207 levels, made intraday low at $0.7153 levels. On the other side, heavy USD sell-off...

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Economy

Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data

Most Asian currencies traded within a narrow range on Tuesday, while the U.S. dollar remained under pressure as investors stayed cautious ahead of several crucial U.S. economic indicators, starting with the nonfarm...

Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface

Australian consumer sentiment weakened sharply in early December, according to a private survey released on Tuesday, highlighting growing concerns about inflation and the broader economic outlook. The latest...

Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data

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Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist

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New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes

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Politics

European Leaders Tie Ukraine Territorial Decisions to Strong Security Guarantees

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Taiwan Political Standoff Deepens as President Lai Urges Parliament to Withdraw Disputed Laws

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Trump Weighs Reclassifying Marijuana as Schedule III, Potentially Transforming U.S. Cannabis Industry

U.S. President Donald Trump said he is considering an executive order to reclassify marijuana as a less dangerous drug, a move that could significantly reshape federal cannabis policy and the broader marijuana industry. If...

Sydney Bondi Beach Shooting Sparks Calls for Stronger Protection of Jewish Community in Australia

Israels ambassador to Australia has urged the federal government to strengthen protections for Jewish communities following a deadly mass shooting at a Hanukkah festival near Sydneys Bondi Beach. The attack, which occurred...

European Leaders Launch International Claims Commission to Compensate Ukraine for War Damage

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Science

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...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

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Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market

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iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures

iRobot, the company behind the popular Roomba robotic vacuum cleaner, has filed for Chapter 11 bankruptcy protection in the United States as it prepares to go private through an acquisition by Picea Robotics, its primary...

Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges

Nvidia is evaluating whether to expand production capacity for its powerful H200 artificial intelligence chips after demand from Chinese customers significantly exceeded current supply, according to multiple sources...

SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles

SpaceX has reportedly begun the early stages of preparing for a potential initial public offering (IPO), marking a significant milestone for the private aerospace company founded by Elon Musk. According to a report from...

SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation

SpaceX, the aerospace company founded by Elon Musk, has reportedly authorized an insider share sale that places its valuation at approximately $800 billion, according to a Bloomberg News report published Friday. The move...
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