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Indonesian rupiah falls on interest rate cut fears

Feb 17, 2016 06:36 am UTC| Technicals

Pair is well supported above 13400 marks and recovers from fresh 3 month low at 13335 levels. It made intraday high at 13495 and low at 13395. BI is scheduled to release interest rate decision on its 17-18...

FX Hedging Strategy Series

FxWirePro: AUD/NZD likely to test trendline resistance at 1.0895 - bulls stay long via debit spreads

Feb 17, 2016 06:22 am UTC| Technicals

Aussie dollar after 1st half of Februarys losing streak upto the bottom at 1.0570 that had begun from the formation of back to back shooting star patterns at peaks of 1.0927 and 1.0914 levels, it is now making an attempt...

Indian rupee at its weakest level since early September 2013, likely to fall further

Feb 17, 2016 05:56 am UTC| Technicals

The Indian rupee opened lower by 12 paise at 68.49 per dollar versus 68.37 Tuesday. It made intraday high at 68.66 and low at 68.39 levels. In addition, Indias benchmark index NSE Nifty was trading 0.40% lower to...

FX Hedging Strategy Series

FxWirePro: Deploy diagonal straps to keep AUD/NZD's puzzling swings on check

Feb 17, 2016 05:56 am UTC| Technicals

As we expect the RBA to remain on hold for some time, but the RBNZ to ease again in March and June. Expected RBA vs RBNZ direction, plus strong MA flow into the AUD, favours AUD/NZD upside over the next few months to...

FxWirePro: USD/JPY rangebound, recovery stalls shy of 38.2% fib level

Feb 17, 2016 05:56 am UTC| Technicals

USD/JPY is trading rangebound on the day, with days high at 114.39 and lows at 113.59. The pairs recovery from multi-year lows at 110.96 (Feb 11th) stalled for now just shy of the 38.2% fib level of 121.68 -110.96...

CAD/JPY breaks major trend line support at 82.25, decline till 80.85 is possible

Feb 17, 2016 05:29 am UTC| Technicals

Major support -82.25 (trend line joining 79.27 and 79.79) The pair has broken major support 82.25 and declined till 81. term trend is slightly weak as long as resistance 82.70 holds. Any break above 82.70 will...

FxWirePro: AUD/NZD eyes 200-DMA at 1.0917, good to buy dips

Feb 17, 2016 05:20 am UTC| Technicals

AUD/NZD extends upside to close above daily cloud in yesterdays trade, cloud now offers strong support on the downside. Daily charts show a bullish 5 and 10 day moving average crossover, and momentum is with the...

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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

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Oil Prices Rise as Hormuz Tensions Threaten Global Supply

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Politics

Peggy Flanagan Wins Minnesota Democratic Senate Nomination

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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

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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

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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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