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EUR/USD easing back after stop loss run to 1.1343

Jun 09, 2015 03:12 am UTC| Technicals

EUR continues to make across the board gains due to short-covering Resistance is found at 1.1380 (June 4 high) with break targeting 1.1468 levels Hourly support has formed between...

USD/INR likely to trade sideways around the 64.00 pivot

Jun 09, 2015 03:01 am UTC| Technicals

Stocks fall, concerns over weaker than expected monsoon season weigh on INR Higher EUR, GBP, foreign interest in INR bonds to limit INR weakness though Sensex closed -0.92%, USD/INR ended 64.08-64.09...

USD/JPY eyes support by Fri low & Tenkan at 124.31-40

Jun 08, 2015 18:24 pm UTC| Technicals

Japan bids by 125 have been chewed through; pair eyes TrendLine, Fri low Tenkan at 124.31-40 200-HMA is 124.67. If 124.30 is broken, Japan bids at 124 will be tested next Much of todays USD/JPY action is an overbought...

EUR/JPY boosted by EUR rally & USD/JPY's 125 floor

Jun 08, 2015 15:27 pm UTC| Technicals

EUR on rise as 10-yr Bund ylds rise prior short EUR hedges are covered USD/JPY Japan bids by 125 big expiry give EUR/JPY a fresh base Fri Thurs highs at 140.69/141.06 are nearby; close above 140.73 Fibo is...

USD/CLP probes below daily pivot by 634.03

Jun 08, 2015 14:03 pm UTC| Technicals

USD/CLP below upper 21-d Bolli, hovers below daily pivot (634.03) Slight profit taking seen, RM tipped on offer, slows Chilean equity sales Talk US concern over strong USD weighs on USD USD offered as US yields move...

NZD/USD range trade likely into RBNZ

Jun 08, 2015 13:52 pm UTC| Technicals

NZD/USD likely to consolidate into RBNZ due to lack of bear follow through today No major US data to drive USD side of equation so consolidation due 10-DMA capped recently, may repeat, above 0.72 eases short-term bear...

EUR/GBP threatens 76.4% fibo at 0.7338 on EUR short-covering

Jun 08, 2015 13:43 pm UTC| Technicals

EUR/GBP threatens 76.4% of 0.7360 (Friday high) to 0.7267 (Asia low) at 0.7338 after EUR short-covering 0.7387 (June 4 high) 0.7400/07 resistance beyond 0.7369 Brexit concerns are independent source of support for...

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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

Fitch Ratings has reaffirmed Austrias Long-Term Foreign-Currency Issuer Default Rating at AA with a Stable Outlook, underscoring the countrys strong economic fundamentals despite rising fiscal pressures. According to the...

Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut

The upcoming Federal Reserve meeting is shaping up to be one of the most closely watched and contentious in years, with investors focused on how divided policymakers are over a potential interest-rate cut and the signals...

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

U.S. stocks ended higher on Friday as a softer inflation reading strengthened expectations that the Federal Reserve could move forward with an interest-rate cut next week. The SP 500 climbed 0.2%, the Dow Jones Industrial...

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

U.S. stocks closed the week with modest gains on Friday, as investors weighed a wave of delayed economic data and maintained strong expectations for a Federal Reserve interest rate cut at next weeks policy meeting. Despite...

Politics

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

The U.S. Consumer Financial Protection Bureau (CFPB) is preparing to convene its Consumer Advisory Board next week to review major policy changes, including a controversial proposal to scale back long-standing...

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

The U.S. Supreme Court has agreed to examine the legality of President Donald Trumps directive aimed at restricting birthright citizenship, a move that could redefine a long-standing interpretation of the 14th Amendment....

Australia Imposes Sanctions on Taliban Officials Over Human Rights Abuses

Australia has announced new financial sanctions and travel bans against four senior officials of Afghanistans Taliban government, citing the worsening human rights situation in the country, particularly the escalating...

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

A U.S. appeals court has ruled that President Donald Trump had the authority to dismiss Democratic members of two major federal labor boards, marking a significant win for efforts to expand presidential control over...

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

President Donald Trump on Friday expressed support for a major shift in U.S. vaccine policy after government advisers voted to eliminate the long-standing recommendation that all newborns receive the hepatitis B vaccine at...

Science

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

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

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

Taiwans political landscape heated up after the government announced a plan to suspend access to the Chinese social media platform Rednoteknown as Xiaohongshufor one year. The interior ministry said the proposed ban stems...

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

OpenAI CEO Sam Altman reportedly explored raising significant capital to acquire or partner with a rocket company, a move that could have created direct competition with Elon Musks SpaceX. According to a report from the...

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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