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AUD/NZD targeting 1.13 levels

Jun 16, 2015 03:49 am UTC| Technicals

Pair elevated last around 1.1100 and up 3.2% since RBNZ rate cut Move above 1.1000 last week targets full Fibonacci retracement around 1.1305 Buyers now reportedly set around 1.1000, coincides with...

EUR/NZD technical bias suggests up trend

Jun 16, 2015 03:26 am UTC| Technicals

Pair maintains elevated stance above 1.61 as strong uptrend continues NZD recovery not expected any time soon after RBNZ cut rates last week Pair broke above 61.8 Fibonacci 1.5967 Thursday...

AUD/JPY failed to get support above key resistance at 96.00 levels

Jun 16, 2015 02:59 am UTC| Technicals

Pair tested that level yesterday and again this morning in Asia Break above 96.05 targets June 3 trend high at 96.98 and 2015 high at 97.27 Support at yesterdays low at 95.10 with break ending 4 days of...

USD/MYR stressed by profit taking

Jun 16, 2015 02:39 am UTC| Technicals

Pair slips to 3.7440 after loss below 3.7500, traded 3.7440-3.7555 range so far Concern over weak exports, outflows remain supportive Pair last at 3.7480-3.7500, NDFs...

EUR/USD rises as DE-US spreads contract, eyes 200 HMA

Jun 15, 2015 13:48 pm UTC| Technicals

EUR/USD choppy on US data Draghi Draghi upbeat early on, adds to lift, 200 HMA eyed, little pullback Bouts of soft US data see DE-US spreads contract, pair lifts on that Spec offers remain 1.1250/60, more offers...

GBP/USD 200 DMA & pivot point lend support

Jun 15, 2015 13:14 pm UTC| Technicals

200 DMA at 1.5489 lends support, pivot point also at that level 1.5488 was the low before the rebound, 1.5581 was the earlier session high, recoveries stall ahead intraday Move/close back below puts the 1.5190 short...

EUR/JPY holding 138 support

Jun 15, 2015 13:10 pm UTC| Technicals

More bank recs to sell EUR/JPY today after widening of IMM positioning gap EZ core-peripheral spreads widening as Greek risk spreads 138 low Fri by 38.2% Fibo key support; Kijun 50% Fibo are at 137.08, 200-DMA...

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Economy

Vietnam’s November Trade Sees Monthly Decline but Strong Year-on-Year Growth

Vietnam recorded a notable month-on-month decline in trade activity in November, according to new data from the National Statistics Office (NSO). Exports fell 7.1% from October, reaching $39.07 billion, while imports...

Austria’s AA Credit Rating Affirmed as Fitch Highlights Stable Outlook

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U.S. Stocks Rise as Cooler Inflation Boosts Hopes for Fed Rate Cut

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U.S. Stocks End Week Higher as Markets Anticipate Fed Rate Cut

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Politics

CFPB to Review Anti-Discrimination Policies and Fair Lending Rules Amid Policy Shift

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Supreme Court to Review Legality of Trump’s Birthright Citizenship Restrictions

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Australia Imposes Sanctions on Taliban Officials Over Human Rights Abuses

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U.S. Appeals Court Rules Trump Can Remove Members of Key Federal Labor Boards

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Trump Backs Review of U.S. Childhood Vaccine Schedule After Hepatitis B Policy Change

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Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

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NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

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Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns

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EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....

Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX

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Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation

Wikipedia is seeking additional licensing deals with major technology companies to address the growing financial burden caused by artificial intelligence firms heavily scraping its platform, according to co-founder Jimmy...

Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature

Firelight reaches 25M XRP deposit cap within hours of launch; ushers in a new era for decentralized XRP staking. A new XRP staking platform, Firelight, has officially launched on the Flare blockchain, marking the first...
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