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Fri, Apr 10, 2026 11:35 AM All times are UTC

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FxWirePro: USD/JPY largely range-bound, sees strong support at 110.75

Mar 21, 2016 06:56 am UTC| Technicals

USD/JPY has bounced off from multi-month lows at 110.66 on 17th March, but is seen strugling to extend gains. The major is extending range trade, and we see further weakness on breach of 110.75 support. CFTC...

FX Hedging Strategy Series

FxWirePro: Long guts combinations for hedging NZD/USD higher IV risks amid monetary policy divergence

Mar 21, 2016 06:55 am UTC| Technicals

We foresee NZD/USD to drift in range as NZ/US monetary policy diverges. A recovery in export prices but decrease in trade surplus would reduce the central banks sensitivity to the currency, support domestic incomes and...

FX Hedging Strategy Series

FxWirePro: NZD/USD jump above 7 & 21DMAs upon supports at 0.6750 but resistance 0.6870 - buy cash-or-nothing-call at every dip for speculation

Mar 21, 2016 06:16 am UTC| Technicals

This APAC pair has tested supports at 0.6750 levels (7DMA is at 0.6732, 7th Mar lows and 4th and 5th of Feb highs), but bearish pressures was also seen at 0.6780 for short term trend as it rejected resistance at this...

CAD/CHF faces strong support at 0.7400, break below targets 0.7285

Mar 21, 2016 06:16 am UTC| Technicals

Major support 0.7400 (trend line joining 0.7333 and 0.7363) The pair has declined till 0.7414 and slightly recovered from that level. It is currently trading around 0.7423. Short term trend is weak as long as...

FxWirePro: NZD/USD sees strong resistance at 0.6870, good to sell rallies

Mar 21, 2016 05:36 am UTC| Technicals

NZD/USD is extending declines from strong trendline resistance at 0.6870. We see scope for downside to test 0.6615. Data today showed that visitor arrivals fell by -1.6% in February after a 2.7% rise in January and...

US dollar erases previous loss against Chinese Yuan, good to buy on dips

Mar 21, 2016 05:09 am UTC| Technicals

USDCNY is currently trading at 6.4845 levels. It made intraday high at 6.4845 and low at 6.4682 levels. Intraday bias remains bullish for the moment. A sustained break below 6.4590 will tests another support...

FxWirePro: AUD/USD holds minor support at 0.7568, weakness only on breaks below

Mar 21, 2016 04:58 am UTC| Technicals

AUD/USD has downside has tested 0.7568, and has edged slightly above to currently trade at 0.7590 levels. 0.7568 is minor trendline support for the pair, breaks below could see downside to 0.7550 and then 0.75...

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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

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...

Iran Denies Negotiating Team Traveled to Pakistan for U.S. Talks Amid Ceasefire Uncertainty

Iran has firmly rejected reports suggesting that a diplomatic delegation traveled to Islamabad to engage in negotiations with the United States, calling the claims entirely false. The denial was issued through state-linked...

U.S.-Iran Ceasefire Under Pressure Ahead of Pakistan Peace Talks

A fragile two-week ceasefire between the United States and Iran is showing serious cracks just one day before scheduled peace negotiations in Pakistan. Washington has accused Tehran of violating commitments related to 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

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...