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EUR/GBP rises to 0.7210, inflated by EUR short-covering

Apr 15, 2015 13:57 pm UTC| Technicals

EUR/GBP rises to 0.7210 buoyed by EUR short-covering on Draghi ECB committed to full QE programme, see stronger recovery EUR/GBP slumped to 4 week low of 0.7167 before Draghi briefing Resistance levels are at 0.7216...

EUR/USD higher as shorts squeezed on Draghi

Apr 15, 2015 13:38 pm UTC| Technicals

Source: Thomson Reuters Below forecast US capacity utilization IP weigh on USD, EUR/USD further boosted Pair near 1.0650 as Draghi notes exchange rate not a policy target, not lowering depo rate further also...

EUR/GBP continues to extend south, back below 50% fibo

Apr 15, 2015 13:11 pm UTC| Technicals

Source: Thomson Reuters EUR/GBP continues to extend south, retraces 0.7015/0.7385, lows of 0.7167 Pair back under the 50% retrace at 0.7199 after the fail to close below yesterday Sustained move under builds bear...

EUR/GBP breaks year low, decline till 0.7000 cannot be ruled out

Apr 15, 2015 12:26 pm UTC| Technicals

RES 4: 0.7305 (61.8% retracement of 0.7379 and 0.71806) RES 3: 0.7270 (200 day HMA) RES 2: 0.7235 (Apr 14th High) RES 1: 0.7200 (20 day HMA) PRICE: 0.7170 @12:19 GMT SUP 1: 0.7150 (61.8%...

USD/MXN opens NorAm near overnight high

Apr 15, 2015 12:24 pm UTC| Technicals

Source: Thomson Reuters USD/MXN opens NorAm near overnight high, offered at upper 21-h Bolli by 15.35 Rising oil holds little sway, intra-LatAm hedges unwind Sparse Mex data over next week leaves MXN at mercy of...

EUR/USD recovers from 1.05295, market awaits ECB press conference

Apr 15, 2015 12:17 pm UTC| Technicals

RES 4: 1.0886 (Apr 8th high) RES 3: 1.0756 (200 day HMA) RES 2: 1.0706 (14th Apr high) RES 1: 1.0632 (20 day 4HMA) PRICE: 1.05848 @ 11:52 GMT SUP 1: 1.0550 (Mar 17th low) SUP 2: 1.04610 (Mar 13th low) ...

AUD/USD off 0.7572 intraday lows but recoveries look limited and spot remains heavy

Apr 15, 2015 11:13 am UTC| Technicals

Long is not systematic and the stop sits below the 2015 low at 0.7534 Consider reversing to short on a break there Further scope to 0.7204 based on 76.4% Fibonacci...

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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

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Politics

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

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New York Legalizes Medical Aid in Dying for Terminally Ill Patients

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

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

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Trump Allows Commercial Fishing in Protected New England Waters

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Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

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

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

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

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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

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

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

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

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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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