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USD/CHF longs in play

Mar 03, 2015 08:38 am UTC| Technicals

Long after Mondays break of key resistance The Dec low, 76.4% of the Jan 15 wide 100 DMA at 0.9545-54 gave way Target 1.0080, ahead of series of daily lows before Jan 15 collapse Stop below Feb 20...

GBP/USD seeks 1.54 offers, 23.6% fibo

Mar 03, 2015 08:28 am UTC| Technicals

Mooted offers at 1.54 help cap cable 1.54 = 23.6% of 1.5554 (Feb 26 high) to 1.5352. More offers seen at 1.5420 1.5352 = Mondays low. 1.5356 = Asia low. 1.5353 =...

USD/PHP expected to stay within 44.00-20

Mar 03, 2015 06:49 am UTC| Technicals

USD/PHP extends fall below 44.10 into afternoon dealings Extended selling in USD/majors weigh on pair Pair may see range bound dealings around 44.00-44.20 USD/PHP last 44.07-10, traded 44.07-44.125...

USD/MYR extends fall through 3.6200

Mar 03, 2015 06:22 am UTC| Technicals

USD/MYR drops further, more stops tripped below 3.6200 Pair falls to 3.6150 low so far, recovery in USD/JPY weighs Weak longs unnerved by lower USD/CNH, stocks gains, KLCI +0.31% USD/MYR last 3.6160-80,...

NZD/USD rises in AUD's spike

Mar 03, 2015 04:58 am UTC| Technicals

NZDs post RBA news spike high of 0.7547 being re-tested last at 0.7544/46 Rate withdrew to 0.7525/35 region around pre-release levels before moving upward AUD/NZD gains off 1.0325/30 low proving sturdy and...

AUD/USD waits for response to RBA decision

Mar 03, 2015 04:44 am UTC| Technicals

AUD/USD up a solid 0.8% as RBA no change decision Initial response up to 0.7845 limited by sell interests ahead of 0.7850 AUD/USD came back to 0.7795 but regained footing - last 0.7825 Offshore players in...

AUD/CNH sees slight rebound post RBA

Mar 03, 2015 04:37 am UTC| Technicals

Cross sees +0.65% in Asia Momentum studies conflict, 5, 10 20 dmas move higher Setup implies range trading since mid February can move forward 4.9587, 50% of 2015 fall pivotal resistance - held twice...

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Economy

Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth

Europe is facing growing competitive pressure from China as Beijing intensifies its export-driven growth strategy, a shift Goldman Sachs says is reshaping the outlook for several major European industries. The bank...

Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook

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Dollar Weakens Ahead of Expected Federal Reserve Rate Cut

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RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens

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Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike

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Politics

Cuba Reaffirms Anti-Drug Cooperation as Tensions Rise in the Caribbean

Cuban authorities announced that the island is intensifying its fight against narcotics trafficking in the Caribbean, emphasizing ongoing cooperation with the U.S. Coast Guard despite heightened political tensions and an...

Drones Spotted Near Zelenskiy’s Flight Path in Ireland Trigger Security Alert

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Australia Progresses AUKUS Review as U.S. Affirms Strong Support

Australia is moving forward with the newly received United States review of the AUKUS nuclear-powered submarine partnership, signalling renewed confidence in the trilateral defence pact with the U.S. and the United...

Trump Administration Tightens H-1B Visa Vetting With New Focus on Free Speech and Censorship

The Trump administration has introduced stricter vetting measures for H-1B visa applicants, targeting professionals in highly skilled fields often recruited by major U.S. tech companies. According to an internal State...

China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai

Taiwan President Lai Ching-te has urged Chinese President Xi Jinping to direct his focus toward revitalizing Chinas weakening economy rather than pursuing territorial expansion, highlighting widening economic contrasts...

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

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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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