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FxWirePro: EUR/USD extends gains ahead of European open, risk-aversion underpins euro

Sep 14, 2015 06:48 am UTC| Technicals

EUR/USD remains on higher plane on less hawkish Fed view and as risk-off intensifies on mounting China fears The pair remained bid in Asia in a relatively tight 1.1328-60 range and is extending the positive momentum into...

FxWirePro: GBP/AUD faces strong support near 2.140, good to buy at dips

Sep 14, 2015 06:21 am UTC| Technicals

GBP/AUD has made a high of 2.2108 and declined till 2.1650 from that level. It is currently trading at 2.1800 The pairs minor resistance is around 2.200 and any break above would extend gains till 2.2200/2.2370. The...

FxWirePro: NZD/USD rangebound (0.6303/45), momentum remains lower

Sep 14, 2015 05:53 am UTC| Technicals

NZD/USD traded tight 0.6303/45 range for most part of the Asian session and was last at 0.6321 as SSEC fell over 3.0%, Nikkei -1.3% The kiwi managed to gain 0.7 percent last week despite an easing by RBNZ and speculation...

USD/JPY struggles to break above 121.30, decline till 119.60 is possible

Sep 14, 2015 05:53 am UTC| Technicals

USD/JPY has broken minor trend line support around 120.50 (trend line joining 119.96 and 120.35) and a short decline till 119.95 is possible. On the higher side intraday resistance is around 120.75 and break above will...

FxWirePro: AUD/USD rejected at 0.7135 (day's high), slips to 0.7075

Sep 14, 2015 05:09 am UTC| Technicals

The Australian dollar popped higher on Monday, having proved resilient to another set of disappointing China data over the weekend The dollar broadly weak on Monday with investors sticking to the sidelines as the...

FxWirePro: Sell USD/CHF only below 0.96800 with SL around 0.9745 for the TP of 0.9570

Sep 14, 2015 03:39 am UTC| Technicals

USD/CHF faces strong support around 0.9680 and any break below 0.9680 confirms short term weakness, a decline till 0.9570 cannot be ruled out . On the higher side minor resistance is around 0.9750 and break above would...

FxWirePro: Sell GBP/JPY on rallies around 186.30-35 with SL around 187.40 for the TP of 185.60/184

Sep 14, 2015 02:54 am UTC| Technicals

GBP/JPY made a temporary top around 187.33 and has started to retreat from that level. It is currently trading at 186.15. On the downside major support is around 185.60 (23.6% retracement of 180.35 and 187.33) and any...

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Economy

Citigroup Delays Fed Rate Cut Forecast Amid Strong Jobs Data and Inflation Concerns

Citigroup has revised its Federal Reserve rate cut timeline, pushing back expectations following stronger-than-anticipated U.S. job growth and lingering inflation pressures. The Wall Street giant now anticipates 75 basis...

Gold Prices Slip in Asia as Iran Strait Deadline Looms

Gold prices retreated in Asian trading on Monday following a strong weekly performance, with investors closely watching escalating tensions between the United States and Iran over control of the Strait of Hormuz. Spot gold...

Strait of Hormuz Crisis Fuels Oil Surge as Asian Markets Brace for Impact

Asian markets opened with a cautious tone Monday as geopolitical tensions in the Middle East continued shaking investor confidence. U.S. President Donald Trumps stern warning to Iran threatening devastating military...

Dollar Holds Steady as Yen Nears Critical 160 Level Amid Iran War Escalation

Global currency markets opened cautiously on Monday as the U.S. dollar maintained its footing while the Japanese yen hovered dangerously close to the psychologically significant 160-per-dollar threshold. Thin trading...

Morgan Stanley: Fed Rate Cuts Still on Track Despite Oil-Driven Inflation

Morgan Stanley believes the Federal Reserve will push forward with interest rate cuts in 2026, even as rising oil prices temporarily inflate headline inflation figures. According to the banks analysts, the current...

Politics

Iran-US Ceasefire Talks: Pakistan Brokers "Islamabad Accord" to Reopen Strait of Hormuz

Pakistan is playing a central role in high-stakes diplomatic efforts to end hostilities between Iran and the United States, with a proposed peace framework now on the table that could reopen the critical Strait of Hormuz...

Kim Jong Un's Daughter Emerges as North Korea's Likely Successor, South Korean Intelligence Says

South Koreas National Intelligence Service (NIS) has concluded that Kim Jong Uns teenage daughter, believed to be around 13 years old and named Ju Ae, is being actively positioned as the next leader of North Korea. Unlike...

North Korea Tests Advanced Solid-Fuel ICBM Engine With Carbon Fiber Technology

South Korean lawmakers revealed Monday that North Koreas latest solid-fuel rocket engine test represents a major leap forward in the countrys intercontinental ballistic missile (ICBM) program. The development raises...

Taiwan Opposition Leader's China Visit: A Peace Mission Amid Rising Tensions

Taiwans Kuomintang (KMT) chairwoman Cheng Li-wun is heading to China on Tuesday in a landmark visit the first by a KMT leader in over a decade. She describes the trip as a peace mission, with a potential meeting with...

U.S. and Iran Edge Toward Potential 45-Day Ceasefire Amid Escalating Tensions

Diplomatic efforts between the United States and Iran are gaining momentum, with mediators from Pakistan, Egypt, and Turkey joining negotiations aimed at brokering a potential 45-day ceasefire, according to a report by...

Science

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

Technology

Britain Courts Anthropic Amid US Defense Department Dispute

The United Kingdom is actively working to attract Anthropic, the company behind the popular Claude AI app, to expand its footprint in the country. This diplomatic push comes as Anthropic finds itself in the middle of a...

OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO

OpenAI is navigating a significant leadership restructuring at one of the most pivotal moments in its history. The AI powerhouse confirmed that Chief Operating Officer Brad Lightcap is transitioning into a newly created...

Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions

Elon Musk is reportedly making Grok subscriptions a prerequisite for banks and advisers involved in SpaceXs highly anticipated initial public offering. According to the New York Times, citing insiders familiar with the...

MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown

A bipartisan group of U.S. lawmakers has unveiled the MATCH Act, a landmark piece of draft legislation designed to tighten export restrictions on advanced semiconductor manufacturing equipment destined for China. The...

Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push

Microsoft is set to pour approximately $10 billion into Japan between now and 2029, channeling funds into data center expansion and artificial intelligence infrastructure to meet the countrys growing demand for data...
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