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GBP/USD easing back from 1.15700, 200 DMA is support

May 21, 2015 14:16 pm UTC| Technicals

Source: Thomson Reuters GBP/USD is slipping back from 1.15700 after sailing through 200 DMA in European AM 1.5646 the pullback low. 200 DMA at 1.5585. Todays close will be key A bullish close will reinforce the...

USD/JPY 2-yr USD-JPY yield spreads underpin

May 21, 2015 13:38 pm UTC| Technicals

Source: Thomson Reuters USD/JPY 120.84 low caromed off Aprs high. US Claims good enough 2-yr USD-JPY yield spreads underpin; 10-yr spread drop partly on Japan Treasury buying 121.50 option defense, with stops mixed...

EUR/USD eyes intra-day support near 1.11 as spreads a bit tighter

May 21, 2015 12:54 pm UTC| Technicals

Source: Thomson Reuters EUR/USD sees limited data reaction after somewhat softer than forecast US data, 100-DMA weighing USD firms, EUR/USD eyes intra-day support near 1.11 as spreads a bit tighter 100-DMA limited...

EUR/GBP eyes 2015 lows at 0.7015

May 21, 2015 12:41 pm UTC| Technicals

Source: Thomson Reuters EUR/GBP 2015 lows in sight at 0.7015, little in the way of tech support until there The 2015 base was the lowest the cross has been since Nov 2007 0.6920 was the low that month Pivot point...

USD/MXN opens below daily pivot (15.1898), consolidating by thin daily cloud

May 21, 2015 12:20 pm UTC| Technicals

Source: Thomson Reuters USD/MXN opens NY below daily pivot (15.1898), RM on the offer Support daily cloud base (5.1439), 15.0585 100-DMA Resistance at daily pivot, long wicks above 15.20, falling MAs indicate...

EUR/GBP breaks below 0.7115, decline till 0.7020 is possible

May 21, 2015 10:58 am UTC| Technicals

RES4:0.72820 (May 18th high) RES3 : 0.7240 (200 day HMA) RES 2: 0.7187 (20 day HMA) RES : 0.7143 (7 day H EMA) PRICE: 0.7115 @10:56 GMT SUP 1:0.7115 (23rd Apr low) SUP2: 0.7060 (61.8%...

AUD/USD is struggling to break trend line resistance, good to sell on rallies

May 21, 2015 07:29 am UTC| Technicals

RES 4: 0.8062 (Support turned into resistance) RES 3: 0.7985 (200 day HMA) RES2: 0.7935 (cloud bottom) RES 1: 0.7915 (trend line resistance) PRICE: 0.78994 @ 07:26 GMT SUP 1:0.7860 (May 8th...

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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

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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

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

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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

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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