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GBP/USD recovery on limited volume, 76.4% fibo helps to keep lid on

Jun 25, 2015 14:04 pm UTC| Technicals

GBP/USD spot recovers from Weds 1.5667 low, though on limited volumes 1.5770 intra-day high is 76.4% of Wednesday fall from 1.5803-1.5667 Mooted offers near 1.58 are an appreciation obstacle beyond 1.5724/29 - pivot...

USD/CLP remains in recent 630/635 range, support at 629.08 (21-DMA)

Jun 25, 2015 13:40 pm UTC| Technicals

USD/CLP remains tethered to 10-DMA (632.34), support 629.08 21-DMA Pair holds near 633, flat Wed close, remains in recent 630/635 range Resistance 636.23 high on Jun 23 then 639.69 upper 21-d Bolli Copper/USTs lower,...

EUR/JPY breaks below 38.2% Fibo & up TrendLine from Apr by 138, channel base supports

Jun 25, 2015 13:26 pm UTC| Technicals

EUR/JPY breaks below Jun low, 38.2% Fibo up TrendLine from Apr by 138 overnight on Greek fears Down channel off Jun highs v Jun 12 low at 137.61 neared with todays 137.66 low EZ core-peripheral yields spreads tighter,...

GBP/USD back above 10 DMA, 200 HMA weighs on hourlies

Jun 25, 2015 13:17 pm UTC| Technicals

Cable back above the 10 DMA, 200 HMA is next resistance at 1.5753 Lower again on break of 38.2% retrace of 1.5191/1.5930 rise at 1.5648 1.5680 was the earlier session base Intraday cable is overbought and the 200 HMA...

Decent U.S. data provides USD/JPY modest lift; 123.20-25 key

Jun 25, 2015 13:01 pm UTC| Technicals

Above-forecast US Consumption, decent Income PCE data provide modest lift to USD/JPY Kijun, Jun 19 low 61.8% of 122.48-124.38 at 123.25, 21, 20; stops below N225 futures 2-yr spreads supportive, but broader risk-off...

EUR/USD sees slight dip post U.S. spending data, outlook leans bearish

Jun 25, 2015 12:48 pm UTC| Technicals

EUR/USD within days range post-data, slight dip due to good spending data Yield spreads edge further in USDs faovr bear pennant on monthly chart Cloud top June 23 low supt for now, if broken 1.1050 is immediate...

USD/MXN off Wed 15.50 highs, holds support by daily pivot at 15.4525

Jun 25, 2015 12:27 pm UTC| Technicals

USD/MXN opens NY weak, trades near 15.47, off Wed 15.50 highs Support at daily pivot/ kijun (15.4523), further support 15.3895 10-DMA Resistance 15.5120 Thurs high, Option int (SDRV) 15.65 15.75 next week...

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Economy

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal

President Donald Trump has signed a landmark executive order removing the 25% penalty tariff on Indian goods, signaling a major shift in U.S.India trade relations and global geopolitical alignment. The move functions as...

Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran

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U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains

The United States and India have taken a significant step toward a long-anticipated bilateral trade agreement by releasing an interim trade framework aimed at lowering tariffs, reshaping energy ties, and strengthening...

Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

U.S. stocks surged on Friday, posting their strongest session since May 2025, as investors regained confidence following a turbulent week marked by sharp losses in technology shares and uncertainty around the artificial...

Politics

Ohio Man Indicted for Alleged Threat Against Vice President JD Vance, Faces Additional Federal Charges

A federal grand jury has returned an indictment against a 33-year-old Ohio man accused of threatening to kill U.S. Vice President JD Vance during the vice presidents visit to the Ohio region in January, according to the...

New York Legalizes Medical Aid in Dying for Terminally Ill Patients

New York has officially joined a growing number of U.S. states allowing medical aid in dying after Governor Kathy Hochul signed landmark legislation into law on Friday. The new New York medical aid in dying law permits...

Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

U.S. President Donald Trump said on Friday that very good talks are ongoing regarding Russias war in Ukraine, signaling potential movement in long-running diplomatic efforts to end the conflict. Speaking briefly to...

China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

China has issued a strong warning to the United States, signaling that any additional arms sales to Taiwan could seriously jeopardize U.S. President Donald Trumps planned visit to China in April. According to a report...

Trump Allows Commercial Fishing in Protected New England Waters

U.S. President Donald Trump has signed a proclamation permitting commercial fishing in a previously restricted marine protected area off the coast of New England, a move that has sparked renewed debate over ocean...

Science

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...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

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...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....
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