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USD/MXN rises toward minor Fib resistance by 15.2200

May 11, 2015 14:18 pm UTC| Technicals

USD/MXN remains firm, probes minor Fib resistance by 15.2220 Daily cloud base support by 15.1095, move < eyes 14.7575 Apr 15 lows Above the 23.6% Fib at 15.2220, the 50-DMA at 15.2458 attracts US yields elevated as...

EUR/PLN bull market is losing steam

May 11, 2015 13:44 pm UTC| Technicals

EUR/PLN bid market and 4.0410 long in play but recent highs to stall gains The last two sessions price action suggests the bull market is losing steam Note the consecutive Doji action...

AUD/USD holds above 0.7850/60 support

May 11, 2015 13:40 pm UTC| Technicals

AUD/USD threatens 200-HMA hourly resistance near 0.7915 Numerous inputs aid pairs bounce away from key 0.7850/60 support Choppy AUD/USD action likely persists until US data later in week Apr retail sales Wed, if weak...

USD/CLP edges lower, China stimulus weighs on USD

May 11, 2015 13:01 pm UTC| Technicals

USD/CLP slips slightly lower, CLP shrugs off China rate cuts Support by 603.60 todays low, 602.03 lower 21-h Bolli Break below lower 21-h Bolli eyes 592.30 Nov 21 14 low Resistance at 605.62 daily pivot, 608.96...

EUR/JPY undoing overbought Apr-May short squeeze; 133.65 pivotal

May 11, 2015 12:50 pm UTC| Technicals

EUR/JPY undoing overbought Apr-May short squeeze now: 133.65 the on-close pivot point EUR sales as forex hedge on foreign buying of EUR assets is resuming, slowly Sub 133.65 (23.6% of Apr-May rise) close targets 38.2% at...

USD/MXN holds cloud base support by 15.1095, Banxico offers at 15.3695

May 11, 2015 12:25 pm UTC| Technicals

USD/MXN opens NorAm a touch firmer, UST yields rise across the curve Slow stoch near oversold, cloud base/lower 21-d Bolli initial support by 15.11 A move below the cloud base opens the way for April lows by...

NZD/USD now sub-daily cloud, bears taking control of kiwi

May 11, 2015 12:15 pm UTC| Technicals

NZD/USD bears in control as RSIs are biased down with room to run Gap open ~55-DMA repelled, now sub-daily cloud, bear engulfing candle forms Good stops sub-0.7370 0.7350, will attract if no sustained bounce...

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Economy

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

Gold prices moved higher in Asian trading on Friday, supported by a weakening U.S. dollar and strong expectations that the Federal Reserve will cut interest rates at its upcoming December 910 meeting. Spot gold rose 0.5%...

Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification

Asias equity capital markets are poised for another strong year as a surge of high-profile IPOs from China and India attracts global investors seeking diversification beyond U.S. assets. In 2025, Asian ECM...

Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures

Spains industrial sector posted a moderate yet encouraging rise in October, with industrial output increasing 1.2% compared to the same month last year, according to new data released by the National Statistics Institute...

European Stocks Rise as Markets Await Key U.S. Inflation Data

European stock markets edged higher on Friday as investors looked ahead to the delayed release of the Federal Reserves preferred inflation metric, a key indicator ahead of next weeks policy meeting. By early European...

European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure

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Politics

Honduras Awaits Final Election Results as Asfura Holds Slim Lead Amid U.S. Attention

Honduras presidential race tightened further on Friday as conservative candidate Nasry Asfura maintained a razor-thin lead while vote counting stretched into a sixth day. With 87.84% of ballots counted, the National Party...

Trump’s New U.S. Strategy Seeks to Deter China and Protect Taiwan

President Donald Trumps administration has outlined a strengthened U.S. strategy aimed at preventing conflict with China over Taiwan and the South China Sea by expanding American and allied military power. The latest...

Putin and U.S. Envoy Witkoff Hold “Truly Friendly” Talks as Ukraine Peace Efforts Intensify

The Kremlin signaled a notable shift in tone in U.S.Russia dialogue after Russian President Vladimir Putins nearly five-hour meeting with U.S. envoy Steve Witkoff and White House adviser Jared Kushner. According to Yuri...

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...

China’s Expanding Maritime Military Presence Alarms Taiwan and Japan

Taiwan and Japan expressed growing concern on Friday over Chinas expanding military activity across East Asian waters, following a Reuters report revealing Beijings largest maritime deployment to date. According to...

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

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...

OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities

OpenAI has confirmed plans to acquire Neptune, a startup known for its advanced tools that help companies track, monitor, and optimize AI model training workflows. Although the company did not release the financial details...
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