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USD/CAD runs into resistance at 1.2328 after extending north from 1.2251

Apr 16, 2015 09:38 am UTC| Technicals

Heavy stop-loss selling after 1.2350 break Wednesday Wednesday losses, to 1.2280, spurred by BoC governor Poloz big oil price rise Lowsince Jan 21,2015 at 1.2251 as BOC surprised with rate cut BoC...

GBP/USD is struggling to break above 1.4936, decline till 1.4680 is possible

Apr 16, 2015 08:42 am UTC| Technicals

RES 4: 1.5165 RES 3:1.5000 RES 2: 1.4936 (61.8% retracement of 1.5165 and 1.4564) RES 1: 1.4880 (61.8% retracement of 1.4975 and 1.4565) PRICE: 1.4825@ 08:31 GMT SUP 1: ...

USD/JPY failed to sustain a daily close below cloud base

Apr 16, 2015 07:29 am UTC| Technicals

Cloud base is currently @118.95, Kijun line currently @120.00 We are looking to get short @119.95 and stop above 120.12 cloud top Our stop is above the 120.12 cloud top, which comes in...

USD/MYR bounces to 3.6650 last, up from low at 3.6490

Apr 16, 2015 06:39 am UTC| Technicals

Pair stays whippy, fresh gains in USD into early Europe underpins Liquidity super thin, further exaggerating price moves Traders said markets still caught long, more stops eyed below 3.6490 Pair last at...

EUR/USD Spiked to 1.0748 early Asia but failed to sustain the break

Apr 16, 2015 06:34 am UTC| Technicals

The average continues to provide resistance, last at 1.0726 Confident of further weakness in favour of the short Retracement levels of the 1.0571/1.0748 rise at 1.0660,...

NZD/USD at 0.7595 NY close highest since 26 Mar on weaker USD

Apr 16, 2015 06:22 am UTC| Technicals

Sideways 0.7580/0.7600 before USD slide renewed dropping DXY 0.4% NZD spiked to 0.7620/25 in response then levelled off as USD based Strong Australia jobs report sent AUD higher routing NZD to 0.7640 top AUD...

USD/SGD bounces on SGD/MYR dump, profit taking

Apr 16, 2015 05:56 am UTC| Technicals

Cross collapse below 2.72, heavy unwind, last 2.7080 USD/MYR dived to 3.6545-65 last, down from 3.6800 early high Markets caught long into fix too, heavy selling below 3.6650 USD/SGD last 1.3555-60, off ...

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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

European oil and gas equities are entering 2026 on a more cautious footing as J.P. Morgans latest EU Oils Outlook highlights tightening valuations and growing concerns over a projected global oil oversupply. Despite Brent...

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

Australian Defence Minister Richard Marles will travel to Japan on Saturday for high-level defence talks with his counterpart, Shinjiro Koizumi, as both nations deepen security cooperation in response to growing regional...

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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