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GBP/USD pullback supported ahead of 1.5640 pivot

May 18, 2015 13:38 pm UTC| Technicals

Pivot lends support to GBP/USD ahead of 200 DMA 1.5651 was the European AM low. 1.5603 is the 200 DMA Above 200 DMA should keep long trade in play Trend indicators overbought, caution advised, could see circa 1.58...

GBP/JPY seeing 1st contraction in wide Bolli band spreads

May 18, 2015 13:35 pm UTC| Technicals

GBP/JPY 10% surge from Apr 14 low to Fris high leaves daily techs gasping for air Apr-May rise is an ABC shy of Decs 189.65 peak, with 184.75 key C-wave support Close below May 12s 186.68 low would confirm near-term...

NZD/USD below daily cloud & RSIs biased down

May 18, 2015 13:29 pm UTC| Technicals

NZD/USD 10-DMA caps, pair sub-daily cloud RSIs biased down Immediate support into 0.7390/00 then 0.7360, May 13 low then eyed Break of latter accelerates recent slide 2015 low then back in play, above 0.7575 eases bear...

USD/JPY supported by Treasury yield rebound, but US data drag so far

May 18, 2015 13:22 pm UTC| Technicals

Treasury yield rebound from Fris data-driven plunge supports USD/JPY on the day Japan bidders remain c119 on foreign asset buying/yield pick-up after recent profit-taking Spec exp offers into 120 Cloud top at 119.98;...

EUR demand underpins EUR/HUF, risk to 309.30 March 10 high

May 18, 2015 13:07 pm UTC| Technicals

Long-term average just above market at 308.30, May 14 high 308.40 Local EUR demand underpins, risk to 309.30 March 10 high Fridays hammer type candle although not at a low point gave warning Hungary nominal govt debt...

EUR/USD could see a deeper correction

May 18, 2015 12:50 pm UTC| Technicals

1.1366 was EUR/USD European AM low Pair could see a deeper correction, 10 DMA is support at 1.1298 Back below the 100 DMA at 1.1187 sees bears re-assert Hanging man formation on charts Fri, bearish close today would...

Widening EZ core-peripheral yield spreads hurts EUR/JPY

May 18, 2015 12:38 pm UTC| Technicals

EZ core-peripheral yield spreads widen on Greek woes, hurts EUR crosses JGB curve flattening, while EZ peripherals steepening on risk USD/JPY seen stuck near sideways Cloud for now, offers into 120 Cloud top limit...

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Economy

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

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Trump Meets Mexico and Canada Leaders After 2026 World Cup Draw Amid USMCA Tensions

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Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data

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Politics

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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Cuba Quietly Signals Openness to Post-Maduro Venezuela as U.S. Pressure Intensifies

U.S. pressure on Venezuela has triggered discreet outreach from figures inside the Cuban government, according to two sources familiar with the sensitive communications. The individuals, who requested anonymity, said that...

Escalating Conflict in Eastern Congo Despite U.S.-Brokered Peace Efforts

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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

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

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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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