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FxWirePro: Silver hovers above key support level at 15.20, buy on dips

Mar 10, 2016 06:56 am UTC| Technicals

XAG/USD is currently trading around $15.22 marks. It made intraday high at 15.30 and low at $15.21 levels. Intraday bias remains bearish for the moment. A current down fall from $15.77 will likely to hold...

FxWirePro: CAD/CHF gains on BOC accommodative monetary policy and higher oil prices, good to buy at dips

Mar 10, 2016 06:24 am UTC| Technicals

Candle Stick pattern- Shooting Star Major resistance - 0.7550 (trend line joining 0.74615 and 0.75163) Major support - 0.74350 (trend line joining 0.71350 and 0.73922) Canadian dollar gained against all...

Renminbi Series

Chinese Yuan ignores positive inflation data, trading above 6.51

Mar 10, 2016 06:21 am UTC| Technicals

USD/CNY is currently trading around 6.5146. It made intraday high at 6.5156 and low and 6.5127 levels. Intraday bias remains neutral for the moment. Today Chinas inflation figure also surprised the market...

FX Hedging Strategy Series

FxWirePro: AUD/NZD ATM IVs to reduce that bids writers an opportunity – backspread hedges aggressive bullish sentiments

Mar 10, 2016 06:16 am UTC| Technicals

From last two weeks, Aussie dollar against Kiwi dollar has been gaining vigorously (about 5.64% while articulating) as both technical and fundamental indicators are still signalling buying sentiments. But if you compare...

FxWirePro: AUD/CAD fails to hold gains above 0.9990, retreats to hit session lows at 0.9889

Mar 10, 2016 06:14 am UTC| Technicals

0.9990 is strong double top (17th Dec and Jan 28th) resistance and AUD/JPY fails to hold gains above. The pair closed Wednesdays trade at 0.9911, and in the Asian session today hit session lows at 0.9889. The Bank of...

GBP/JPY breaks major trend line resistance, targets 164

Mar 10, 2016 05:40 am UTC| Technicals

Major Resistance - 161.40 (trend line joining 162.43 and 162.22) Major Support - 160.70 The pair has broken major resistance 161.40 and jumped till 161.57. It is currently trading around 161.45. Short term...

FxWirePro: AUD/NZD gains to extend but long term bulls need to wait for decisive breach of 1.1290 and 1.1416

Mar 10, 2016 05:40 am UTC| Technicals

AUD/NZD surpasses recent bullish focal points, from 26th Feb Aussie dollar against Kiwi dollar has been recovering its price losses, bulls started pushing hard vigorously from the lows of 1.0670 to the current 1.1273...

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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

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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