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FxWirePro: GBP/USD gains some upside momentum but still bearish

Jun 06, 2016 15:55 pm UTC| Technicals

The GBP/USD pair opened with gap and fell sharply lower on Monday, after poll showed those campaigning for Britain to leave the European Union in a referendum on June 23rd were gaining support, causing confusion among...

FxWirePro: EUR/USD remains bullish as rally continues

Jun 06, 2016 14:56 pm UTC| Technicals

EUR/USD inched higher on Monday as dollar attracted seller after poor payrolls report caused investors to rule out the chance of a US interest rate increase next week. Traders await clues on the rate hike timings from...

FX Hedging Strategy Series

FxWirePro: Cable tumbles, more bearish rout upon breach below 1.4390, 7DMA crossover to substantiate – Maximize returns by leverage touch

Jun 06, 2016 13:21 pm UTC| Technicals

Today, sterling tumbled 1% against the dollar to hit three-week lows, while the cost of hedging against swings over the coming month traded at its highest since early 2009 on growing concerns over whether Britain will stay...

GBP/JPY Trade Idea

Jun 06, 2016 12:02 pm UTC| Technicals

Major resistance- 155.15 (Hourly Kijun-Sen) The pair has broken minor resistance 153.85 (hourly Tenken-Sen) and jumped till 154.85. It is currently trading around 154.62. In the hourly chart the pair should close...

FxWirePro: EUR/USD faces strong resistance at 1.1400, good to buy at dips

Jun 06, 2016 11:04 am UTC| Technicals

Major support 1.1299 (200 4 H MA) EUR/USD has jumped drastically on Friday due to weaker than expected US jobs data. It is currently trading around 1.13478. The U.S economy has added only 38k jobs in the month...

FX Hedging Strategy Series

FxWirePro: USD/CAD drifts below DMAs with attempts of 21DMA crossover, slumps to extend support at 1.2905 – BB options to speculate

Jun 06, 2016 10:46 am UTC| Technicals

Bulls halted again and current prices drift below DMAs but testing support at 1.2905, the breach below exposes more downside potential, else bulls have equal chances. Bulls in thedollar have tested resistance at 1.3145...

GBP/JPY faces resistance at 155.15, break above targets 157.20/158

Jun 06, 2016 09:45 am UTC| Technicals

Major resistance- 155.15 (Hourly Kijun-Sen) The pair has broken minor resistance 153.85 (hourly Tenken-Sen) and jumped till 154.85. It is currently trading around 154.62. In the hourly-chart the pair should close...

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Economy

Asian Currencies Steady as Markets Await U.S. Inflation Data

Asian currencies and the U.S. dollar traded in narrow ranges on Tuesday as investors stayed cautious ahead of key U.S. inflation data that could influence expectations for the Federal Reserves interest-rate outlook. The...

Asian Stocks Mixed as RBA Holds Rates, Oil Risks Rise

Asian stocks traded mixed on Tuesday as gains in South Korea and Singapore offset weakness across several regional markets. Investors assessed the Reserve Bank of Australias latest interest rate decision while monitoring...

Oil Prices Rise as US-Iran Talks Stall, Inflation Risks Grow

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Singapore Raises 2026 GDP Growth Forecast to 4.5%-5.5% as AI Boom Fuels Economy

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Gold Price Hits Two-Month High as Investors Await US Inflation Data

Gold prices extended their rally on Tuesday, climbing to their highest level in more than two months as strong investor demand, safe-haven buying and bullish momentum outweighed pressure from higher U.S. Treasury yields, a...

Politics

Ukraine Accuses Russia of Systematic Torture of POWs and Civilian Detainees

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Houthi Attack on Yemen’s Mocha Port Kills 7, Injures 30

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Trump Media Says Truth API Draws 10+ Customers as Conflict Concerns Grow

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Trump Secretly Switched Planes in Turkey After Iran Threat, Report Says

U.S. President Donald Trump secretly switched to a smaller military aircraft while leaving Turkey last month due to a potential Iranian security threat, according to a Washington Post report published Monday. Trump had...

FCC Steps Up China Tech Crackdown as Beijing Pushes Back

The U.S. Federal Communications Commission (FCC) has emerged as a key force in the Trump administrations technology and national security strategy toward China, expanding its role far beyond traditional oversight of...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

Anthropic Signs $9.1B AI Data Center Deal With Riot Platforms

Anthropic has reportedly signed a $9.1 billion long-term agreement with Riot Platforms (NASDAQ: RIOT) to secure large-scale AI computing capacity, marking another major investment by the Claude developer as demand for...

Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants

Nvidia is expanding its influence beyond semiconductors after announcing agreements aimed at mobilizing up to $500 billion in third-party capital for artificial intelligence infrastructure. The move brings the AI chip...

SEC Clears Path for Data Center Securitizations as AI Financing Demand Surges

The U.S. Securities and Exchange Commission (SEC) has provided regulatory clarification that could make it easier for data center owners and operators to access capital markets as the artificial intelligence boom drives...

Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks Amid AI Supply Crunch

Apple Inc. (NASDAQ: AAPL) is reportedly testing memory chips from Chinese semiconductor manufacturer CXMT Corp as the rapid expansion of artificial intelligence infrastructure puts increasing pressure on global memory...

Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors

Sony Group and Taiwan Semiconductor Manufacturing Co. (TSMC) are reportedly preparing to invest about 1 trillion yen ($6.32 billion) in a new Japanese semiconductor venture focused on next-generation chips for image...
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