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FX Hedging Strategy Series

FxWirePro: NZD/JPY Put ladders for hedging - improve odds by keeping longer tenor on long side and time decay advantage

Feb 04, 2016 06:37 am UTC| Technicals

We are bearish on NZD for 2016 and forecast NZD/USD at 0.60 by Q1 16 and 0.62 by Q4 16. NZD/JPY at 75.786 by Q1 16 and 74.50 by mid-Q2 16. Although policy de-synchronization will remain a headwind for NZD as short rate...

Silver breaks major resistance $14.60 targets $15.70

Feb 04, 2016 06:27 am UTC| Technicals

Pattern Formed- Big W pattern Major resistance - $14.60 The commodity has broken major resistance $14.60 and jumped till $14.78. It is currently trading around $14.63 Any break above $14.60 will confirm...

FxWirePro: GBP/JPY struggles to close above 200 day 4HMA, good to sell on rallies

Feb 04, 2016 06:13 am UTC| Technicals

Major support - 171.50 (Kijun-Sen) Major intraday resistance -172.55 The pair has made a high of 173.75 and started to retreat from that level. It is currently trading around 171.81. On the downside major...

FxWirePro: NZD/JPY rejects resistance at 79.386, next strong support seen only at 75.786

Feb 04, 2016 05:48 am UTC| Technicals

From last three weeks, the pair has been rallying from the lows of 73.645 to 79.386, it is now observed that it is struggling to hold onto the crucial resistance at these levels. As shown on the weekly charts, it has...

GBP/USD faces strong resistance at 1.4690, market awaits BOE Super Thursday for further direction

Feb 04, 2016 05:30 am UTC| Technicals

Candle stick pattern formed - Shooting Star Major resistance -1.4690 (55 day MA) The pair has declined after making a high of 1. is currently trading around 1.45735. On the lower side minor support is around...

Gold Intraday outlook

Feb 04, 2016 05:04 am UTC| Technicals

Gold surpasses all the hurdles and supported well above $1140 levels. Pair made intraday high at $1143 and low at $1139 levels. Overall outlook remains bullish above $1132 levels and it is likely to hit $1150...

Major Asian Indices Technicals

Feb 04, 2016 03:00 am UTC| Technicals

Hang Seng: Hang Seng has recovered after making a low of 18771. It is currently trading around 19271. Short term trend is slightly bullish as long as support 18770 holds. The index minor resistance is around 19300 and...

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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

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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

European leaders, including Ukrainian President Volodymyr Zelenskiy, are gathering in The Hague to launch a new International Claims Commission aimed at compensating Ukraine for hundreds of billions of dollars in damage...

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

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

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

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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