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Gold consolidates around 1095, bias remains bullish- long around 1225, targets around 1247/1272, SL 1206

Mar 02, 2016 15:44 pm UTC| Technicals

The yellow metal traded higher on Wednesday as world equities turned lower after oil prices declined, shrugging off a steadier dollar following better than expected US factory output. The yellow metal declined...

FxWirePro: USD/CHF consolidates around 0.9888 levels, outlook strongly bullish

Mar 02, 2016 15:00 pm UTC| Technicals

The USD/CHF pair traded around the 0.9969 levels for most of the European session, as the bunch of economic data released from Eurozone failed to bring any movement for the pair. However after ADP Employment data in the US...

FX Hedging Strategy Series

FxWirePro: Capitalize on higher NZD/JPY IVS and rallies to deploy shorts in put ladder for hedging

Mar 02, 2016 14:20 pm UTC| Technicals

Although weve been observing some bounces, long term bearish trend seems intact we could see with a dubious eyes on Kiwi fundamentals which are not so conducive and while short term upswings in abrupt should not be scary...

GBP/JPY Trade Idea

Mar 02, 2016 11:52 am UTC| Technicals

Major resistance - 158.80 (trend line joining 175.05 and 173.73) Major support - 158 (55 day H EMA) GBP/JPY has broken major resistance 158.80 and jumped till 159.50. It is currently trading around 159.10. Intraday...

South Africa's rand weakens more than 1 pct against dollar, buy on dips

Mar 02, 2016 10:44 am UTC| Technicals

Pair is currently trading at 15.7113 levels. It made intraday high at 15.7420 and low at 15.5381 levels. Intraday bias remains bullish for the moment. Key support level falls at 15.5221. A break below will take the...

Cable breaks major support at 1.3940, targets 1.3835/1.3780

Mar 02, 2016 10:21 am UTC| Technicals

Major resistance -1.4020 Minor resistance - 1.3980 Cable has broken major support 1.3940 and declined till 1.39140 at the time of writing. It is currently trading around 1.39278. On the lower side any break below 1.3940...

Indian rupee back below 68.00, intraday bias remains neutral

Mar 02, 2016 09:41 am UTC| Technicals

USD/INR is currently trading at 67.6050 levels. It made intraday high at 67.76 and low at 67.59 levels. Intraday bias remains neutral till the time pair holds key support level at 67.50. A daily close below...

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Economy

Asian Currencies Steady Ahead of US CPI as Oil Prices Rise

Asian currencies were mostly unchanged against the U.S. dollar on Wednesday as investors awaited key U.S. inflation data that could shape expectations for the Federal Reserves next interest-rate decision. Meanwhile, rising...

Canada, US Hold Fresh Trade Talks as August 19 Tariff Deadline Nears

Canada and the United States held another round of high-level trade talks on Tuesday as Ottawa seeks to prevent new U.S. tariffs on Canadian goods from taking effect on August 19. Dominic LeBlanc, Canadas minister...

Australia Sets New Minimum Pay, Insurance Rules for Gig Workers

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Gold Price Holds Near $4,400 as Hormuz Risks and CPI Drive Markets

Gold prices climbed on Wednesday, remaining close to the $4,400-an-ounce mark as uncertainty surrounding the reopening of the Strait of Hormuz boosted oil prices and kept investors focused on the Federal Reserves...

Oil Prices Rise as Hormuz Tensions Threaten Global Supply

Oil prices climbed on Wednesday, approaching a two-week high as uncertainty over the Strait of Hormuz and fresh attacks on shipping raised concerns about prolonged disruptions to global crude supplies. Brent crude oil...

Politics

Peggy Flanagan Wins Minnesota Democratic Senate Nomination

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U.S. Military Operations Killed 153 Civilians in 2025, Pentagon Says

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Bashar al-Assad Sentenced to Death After Syria Regime Collapse

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Trump Signs Order to Cut Routine Childhood Vaccines

President Donald Trump has signed an executive order seeking to reduce the number of routine childhood vaccinations recommended in the United States and directing the Justice Department to challenge certain state vaccine...

Wisconsin Democratic Primary Tests Progressive Appeal

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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

OpenAI Executive Brad Lightcap to Leave for New AI Venture

Brad Lightcap, one of OpenAIs most senior executives and its former chief operating officer, is leaving the artificial intelligence company to launch a new venture, adding to a series of major leadership changes across the...

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...

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

Trump Media Technology Group said Monday that more than 10 customers have signed up for its upcoming Truth API, a real-time data service designed to provide rapid access to posts from prominent Truth Social accounts,...

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...
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