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EUR/USD heavy, erases early gains after

May 01, 2015 14:39 pm UTC| Technicals

EUR/USD erases early gains after brief piercing of 76.4 Fib of 1.1534-1.0463 USD bid persists even after ISM miss, US yields rallying, EUR/USD heavy Bear hammer forms and daily RSI diverging at the moment Support in the...

USD/CLP rising with broad USD strength, Repels resistance by 21-DMA near 613

May 01, 2015 13:43 pm UTC| Technicals

USD/CLP rising with broad USD rise (ex-EUR) in light offshore trading, US rate outlook turns up lifts USD Pair repels resistance by 21-DMA near 613, copper rally tempers pace of rise US Markit Mfg PMI at 9.45AM, ISM U...

USD/JPY could clear clear Cloud & TrendLine on solid ISM data

May 01, 2015 13:25 pm UTC| Technicals

USD/JPY rise from 118.05 more about rebound in Fed hike hopes on jobs data Cloud top down TrendLine off Mar-Apr high at 120.05/15 being stalked into US ISM USD/JPY needs solid ISM to clear Cloud TrendLine Offers into...

EUR/NOK looks set for another run at Fibo after last weeks Doji

May 01, 2015 13:17 pm UTC| Technicals

EUR closed above daily trend resistance on Thurs, 8.4380 off Apr 7 high EUR/NOK 21DMA just sitting above market at 8.5110, 200DMA close by at 8.5442 Pair looks set for another run at that Fibo after last weeks...

EUR/USD pierces 76.4 Fib of 1.1534-1.0463, short covers persist

May 01, 2015 12:57 pm UTC| Technicals

EUR broadly bid, especially vs. GBP AUD, aids to keep EUR/USD aloft Short covering keep pair firm, 76.4 Fib of 1.1534-1.0463 pierced RSIs biased up spreads tighten, more fuel for bulls Talk of 1.13 barrier, stops...

EUR/JPY capped by 135.13 Fibo; rapid Bolli expansion hints at more gains

May 01, 2015 12:47 pm UTC| Technicals

EUR/JPY 135.125 high is at 38.2% of the Dec-Apr slide; triggers price pullback Breakout past 135.13 targets 200-DMA (137.40) 50% Fibo/weekly Kijun (137.93) Upper 21-d Bolli at 133.64 is attractive 1st pullback target if...

USD/MXN bid as US hike sentiment pushed up

May 01, 2015 12:28 pm UTC| Technicals

USD/MXN up 0.1%, bid as US hike sentiment pushed up Overnight flows reduced as Europe/LatAm observe May Day holiday US Markit Mfg PMI, ISM U/Mich will be in focus for further direction Resistance at 15.4075 Thurs high...

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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

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

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

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

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Politics

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...

Honduras Election Turmoil Intensifies as Nasralla Blames Trump for Shift in Results

Honduran presidential candidate Salvador Nasralla says last-minute interference by former U.S. President Donald Trump undermined his chances in the countrys tightly contested election. Speaking with Reuters, Nasralla, a...

Australia and Japan Strengthen Defence Cooperation Amid Rising Regional Tensions

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U.S. Justice Department Orders Intensified Probe Into Antifa and Domestic Extremist Groups

U.S. Attorney General Pam Bondi has directed federal law enforcement agencies to significantly ramp up investigations into the antifa movement and other groups deemed potential domestic extremist threats, according to an...

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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