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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

Goldman Sachs, ANZ Cut Oil Forecasts Amid U.S.-Iran Ceasefire Hopes

Brent crude oil prices have tumbled more than 11% this week after the United States and Iran agreed to a two-week ceasefire, raising hopes that the Strait of Hormuz one of the worlds most critical oil shipping lanes ...

Bank of Japan Governor Signals Accommodative Stance Amid Negative Real Rates

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Japan Consumer Confidence Drops Sharply Amid Rising Fuel Costs and Middle East Tensions

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China Set to Exit Deflation Cycle in Early 2026, ANZ Analysts Say

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Asian Currencies Hold Steady as Middle East Ceasefire Doubts Weigh on Markets

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Politics

Trump Warns Iran: No Deal Means Military Action as U.S. Forces Hold Position

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U.S. Pushes for Crypto Regulation to Keep Digital Asset Growth at Home

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North Korea Tests Advanced Cluster Bombs, Electromagnetic Weapons in Latest Military Display

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Trump Pardon Clears Juan Orlando Hernández as U.S. Court Dismisses Drug Conviction Appeal

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Taiwan Defense Budget: U.S. Senator Urges Legislature to Pass Spending Plan

Republican Senator Jim Banks visited Taipei and delivered a direct message to Taiwans President Lai Ching-te: the islands parliament must stop stalling and approve a proposed special defense budget. Banks, a member of the...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

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...

Technology

Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth

Bank of America has spotlighted a select group of Asia-Pacific semiconductor companies well-positioned to ride the wave of surging artificial intelligence chip demand, with Taiwan Semiconductor Manufacturing Company...

China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs

Chinese artificial intelligence stocks continued their remarkable rally on Thursday, with Zhipu AI and MiniMax Group posting strong gains in Hong Kong trading as a wave of new model launches and product announcements...

Bendigo and Adelaide Bank Posts Strong Q3 Earnings, Announces AI-Driven Job Cuts

Bendigo and Adelaide Bank delivered an impressive financial performance in its third quarter, reporting a 12.8% surge in cash earnings to A$137.9 million for the three months ending March 31. The result came in roughly 12%...

Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses

Alibabas Hong Kong-listed shares (HK:9988) dropped 2.9% to HK$122.70 on Thursday, emerging as one of the heaviest drags on the Hang Seng Index, which closed 0.6% lower. The selloff came after investment bank Jefferies...

Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles

A federal appeals court in Washington, D.C., has refused to halt the Pentagons national security blacklisting of AI company Anthropic, delivering a temporary win for the Trump administration. The ruling comes as another...
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