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FxWirePro: AUD/JPY trades in narrow range, good to buy at dips

Aug 18, 2015 06:03 am UTC| Technicals

Intraday trend- neutral Short term trend- Bullish AUD/JPY is trading in narrow range 91.46-91.89 in the past two trading session. Short term trend is bullish as long as support 91 holds. On the lower side minor support...

FxWirePro: Kiwi spikes above 0.66 handle as Russia lifts NZ dairy ban

Aug 18, 2015 05:30 am UTC| Technicals

NZD surged to reclaim 0.66 handle from $0.6570 in early trade following the news of Russia partially lifting ban on NZ dairy companies. The pair looks to have recovered and once again has re-established itself above...

FxWirePro: USD/JPY struggles to extends higher, awaits data for further direction

Aug 18, 2015 04:26 am UTC| Technicals

USD/JPY trades modestly flat at 124.45, extends range trade for the second consecutive day Markets await U.S. housing starts and building permits data due later tonight and in the week ahead for further...

FxWirePro: USD/JPY consolidates in narrow range, buy at dips

Aug 18, 2015 03:29 am UTC| Technicals

USD/JPY has consolidated between between 124.56-124.21 yesterday.It is currently trading at 124.42. Overall trend is bullish as long as support 123.50 holds. Bullish invalidation only below 123.50. Any break below...

Aussie takes support near 0.7340, jump till 0.7500 is possible

Aug 18, 2015 02:59 am UTC| Technicals

AUD/USD consolidates in narrow range 0.7340-0.73955 for the past two trading session. Major trend reversal level- 0.7400 Break above would extend gains till 0.7450/0.7500 in short term. On the downside minor...

FxWirePro: USD/JPY key resistance at 124.49, buy deals are recommended around 124.20

Aug 17, 2015 14:00 pm UTC| Technicals

USD/JPY is approaching to break resistance level at 124.33. The support level at 123.78 is very strong and set to hold the bears from falling further below 123.78 levels. The pair is set to rebound around 124.20 levels and...

FxWirePro: USD/CHF is approaching support level at 0.9749, buy deals are recommended around 0.9720

Aug 17, 2015 13:25 pm UTC| Technicals

USD/CHF pair is approaching support level 0.9749, the support level at 0.9715 has been supportive for the bears in the recent past, and a strong rebound is expected soon around 0.9715 levels, as dollar is set to gain...

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Economy

U.S. Futures Slip as Iran Rejects Ceasefire and Trump Deadline Looms

U.S. stock index futures edged lower Monday evening as investors remained on edge over escalating tensions in the Middle East, with President Donald Trumps deadline for Iran to reopen the Strait of Hormuz fast approaching...

Gold Prices Drop for Third Consecutive Session Amid Iran Tensions and Inflation Fears

Gold prices continued their downward trend in Asian trading on Tuesday, marking a third straight session of losses as markets grappled with mounting inflation concerns and escalating geopolitical tensions tied to U.S....

Global Markets Waver as U.S.-Iran War Deadline Looms and Oil Prices Surge

Global financial markets remained cautious on Tuesday as investors braced for a critical deadline in the ongoing U.S.-Israel war against Iran, which has sent oil prices soaring and renewed fears of stagflation across the...

US Dollar Dips as Iran Rejects Ceasefire Amid Rising Middle East Tensions

The US dollar edged lower on Monday as geopolitical uncertainty intensified after Iran rejected a Pakistan-brokered ceasefire proposal, pushing the US Dollar Index down marginally to 99.98. The euro remained flat due to...

India's Central Bank Holds Rates Amid Iran War Energy Shock

Indias Reserve Bank of India (RBI) is widely expected to maintain its benchmark repo rate at 5.25% this Wednesday, as policymakers carefully monitor the economic ripple effects of the ongoing Iran war. The conflict has...

Politics

China's Push to Steal Taiwan's Chip Technology and Talent Raises Security Alarms

Taiwans National Security Bureau has raised serious concerns about Beijings escalating efforts to infiltrate the islands world-class semiconductor industry. According to a report submitted to Taiwanese lawmakers, China is...

UN Security Council Votes on Watered-Down Strait of Hormuz Resolution Amid China Opposition

The United Nations Security Council is set to vote Tuesday on a resolution aimed at protecting commercial shipping through the Strait of Hormuz, though the proposal has been significantly weakened following resistance from...

Trump Administration Terminates Title IX Agreements Protecting Transgender Students

The Trump administration has officially ended six resolution agreements that previously protected transgender students under Title IX, marking another significant step in the administrations ongoing effort to roll back...

Iran-US War Tensions Escalate as Trump Sets Deadline for Strait of Hormuz Deal

Diplomatic tensions between Iran and the United States have reached a critical breaking point as President Donald Trump issued a firm Tuesday night deadline demanding Iran reopen the Strait of Hormuz a strategic waterway...

Hegseth Warns of Heaviest Strikes Yet as Trump Issues Iran Ultimatum Over Nuclear Deal

President Donald Trump escalated tensions with Iran on Monday, warning that the United States could launch devastating attacks on Iranian civilian infrastructure including power plants and bridges unless Tehran agrees to...

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

Apple's Foldable iPhone Faces Engineering Setbacks, Mass Production Timeline at Risk

Apples highly anticipated foldable iPhone is running into significant engineering hurdles during its test phase, raising concerns about potential delays in both mass production and product shipments, according to a report...

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...
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