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FxWirePro: EUR/SEK slumps to 9.49 on positive Swedish July CPI data

Aug 13, 2015 08:14 am UTC| Technicals

Swedish July Core CPI surprised on the topside today, taking pressure off the Riksbank for further QE and rate cuts July core CPI prices up 0.9% y/y vs 0.6% previous, beating market expectations at 0.6% and Riksbank...

FxWirePro: GBP/AUD faces strong support around 2.100, good to buy at dips

Aug 13, 2015 07:30 am UTC| Technicals

GBP/AUD declined till 2.109 after making a high of 2.15246. Overall trend is still bullish as long as support 2.100 holds. It has formed almost like double top around 2.1527 and any further bullishness only above...

FxWirePro: EUR/USD retraces from 1.1189, range-bound into European open, good to sell rallies

Aug 13, 2015 06:44 am UTC| Technicals

EUR/USD retraces from 1.1189 highs reached in early Asia, trades range-bound as the single currency takes a breather from its recent upsurge The pair ticking lower, hit lows by 1.1129 and is currently trading at...

AUD/JPY struggles to close above 92 level, decline till 89.60 is possible

Aug 13, 2015 06:35 am UTC| Technicals

Intraday trend- Bearish Short term trend- Bearish AUD/JPY has recovered from low of 90.33 till 92.06 but once again unable to hold above that level. Bearish invalidation can happen only if it closes above 92...

FxWirePro: AUD/USD bounces back from session lows at 0.7331, buying seen at lows

Aug 13, 2015 04:28 am UTC| Technicals

PBOCs Yi Gang briefing on the yuan came as a respite to markets, risk-on returns to the markets following the comments Yi talked up the currency and stated that further bid depreciation in the domestic currency is...

FxWirePro: AUD/USD key resistance at 0.7385, sell deals are recommended below 0.7360

Aug 12, 2015 13:00 pm UTC| Technicals

AUD/USD rebounded strongly from 0.7214 levels to hit daily highs at 0.7386 levels. The pair is retreating back after hitting strong resistance at 0.7385 levels. The pair is expected to decline further towards 0.7340 and...

FxWirePro: EUR/GBP to test 0.7202 levels in short term

Aug 12, 2015 12:43 pm UTC| Technicals

EUR/GBP continued its upward move on Wednesday seen from the last few sessions. It rose above 55 EMA and hit a fresh high at 0.7169 levels before sliding to 0.7147 levels. 5 and 15 MA crossover suggests further uptrend...

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Economy

ECB Warns of Rising Inflation Risks Amid Iran War Energy Shock

The European Central Bank faces mounting pressure to act decisively as inflation risks intensify across the euro zone. ECB Governing Council member Dimitar Radev has cautioned that price expectations could shift more...

Energy Prices and Dollar Climb as U.S.-Iran Conflict Grips Global Markets

The U.S. dollar remained close to recent highs on Tuesday as global markets braced for a critical deadline set by President Donald Trump, demanding Iran reopen the Strait of Hormuz to international shipping or face...

China's Fermented Feed Push: Cutting Soybean Dependence Amid Trade War

China is rapidly scaling up the use of fermented animal feed as part of a broader strategy to reduce its reliance on imported soybeans a shift driven equally by trade tensions with the United States and long-term food...

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....

Politics

Trump May Delay Iran Military Strike If Diplomatic Deal Shows Promise

President Donald Trump is reportedly open to postponing planned military action against Iran should credible signs of a diplomatic breakthrough emerge, according to multiple media outlets citing an Axios report. U.S....

Iran-Israel War Escalates as Trump's Ceasefire Deadline Looms

Tensions in the Middle East reached a critical flashpoint as Iran and Israel continued exchanging strikes, with Tehran firmly rejecting a U.S.-brokered ceasefire proposal just hours before a deadline issued by President...

Vance Visits Hungary to Back Orban Ahead of Pivotal 2025 Elections

U.S. Vice President JD Vance is traveling to Hungary this week in a show of political solidarity with Prime Minister Viktor Orban, who faces his most difficult re-election battle since coming to power in 2010. The two-day...

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...

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

Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand

Samsung Electronics delivered a stunning financial turnaround in the first quarter of 2025, projecting operating profit of approximately 57.2 trillion won (roughly $38 billion) a more than eightfold increase compared to...

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...
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