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FxWirePro: AUD/USD falters at 0.6948, struggling to hold intraday gains

Sep 07, 2015 06:27 am UTC| Technicals

The Australian dollar plumbed 6-1/2-year lows at $0.6892 on Monday on global growth concerns The pair recovered from fresh multi-year lows on the back of upbeat construction data and edged higher to 0.6948 on the day But...

FxWirePro: Loonie consolidates in narrow range, good to buy at dips

Sep 07, 2015 06:22 am UTC| Technicals

USD/CAD is trading in narrow range 1.3325 and 1.3125 for the past three trading session. Any trend reversal can happen only above or below the channel. On the lower side major support is around 1.3100 and any break...

FxWirePro: GBP/JPY takes support near trendline, good to buy at dips

Sep 07, 2015 06:03 am UTC| Technicals

GBP/JPY has taken support near trend line 180 (trend line joining 167 and 174.86) and slightly recovered from that level. The pairs further weakness can be seen only below 179.90. Any break below 179.90 will drag the...

FxWirePro: South Korean won extends fall over 1 pct, USD/KRW spikes to 1207

Sep 07, 2015 05:18 am UTC| Technicals

The South Korean won extends fall to more than 1 pct against the dollar on Monday, Fed uncertainty weighs. A mixed U.S. jobs report failed to offer much clarity on the timing of the Federal Reserves first rate hike...

FxWirePro: Kiwi extends weakness, awaits crucial China data & RBNZ

Sep 07, 2015 04:48 am UTC| Technicals Central Banks

New Zealand dollar struggled for traction early in the Asian session, having skidded nearly 3 percent last week. NZD/USD was rejected at 0.6300 levels and fell further, currently languishing near multi-year troughs...

Short NZDUSD via risk reversals - Barclays

Sep 06, 2015 23:07 pm UTC| Technicals

Underpriced RBNZ easing this year (market pricing 36bp, our forecast: 50bp), in addition to our expectations for downward revisions to the Banks growth forecasts at its September MPS, skew the risks towards further NZDUSD...

FxWirePro: USD/CAD key support at 1.3148, buy deals are recommended above 1.3160

Sep 04, 2015 13:36 pm UTC| Technicals

USD/CAD has bounced off, after hitting minor support level at 1.3160 after nonfarm payroll data was released from US market, currently the currency pair is testing resistance level at 1.3226. The support level at 1.30148...

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Economy

IEA Warns China Rare Earth Export Curbs Could Threaten $6.5 Trillion in Global Production

Chinas planned implementation of stricter rare earth export controls could place up to $6.5 trillion in downstream production outside the country at risk, according to the International Energy Agencys (IEA) latest Global...

U.S. Imposes 25% Tariff on Select Brazilian Imports After Section 301 Trade Investigation

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Politics

Iran Warns Trump Against Striking Infrastructure, Declares Strait of Hormuz a ‘Red Line’

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DOJ Refuses to Release Unredacted Jeffrey Epstein Files to New Mexico Investigation

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US Restricts Commercial Flights From Congo Amid Ebola Outbreak

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NY Times Challenges Trump Administration Subpoenas Over Air Force One Report

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Trump Orders ICE to Resume Traffic Stops After Deadly Immigration Enforcement Incidents

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Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

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Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

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Technology

Apple Intelligence China Approval Lifts Alibaba and Baidu Shares

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Nvidia Partners With Fanuc and Yaskawa to Accelerate AI Robotics in Japan

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Hyundai Takes Full Control of Boston Dynamics to Accelerate Humanoid Robot and AI Strategy

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Jamie Dimon Warns Anthropic's Mythos AI Poses National Security Risks

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SpaceX Stock Falls Below IPO Price as Investors Weigh Losses and Lockup Expiry

SpaceX shares fell below their initial public offering (IPO) price for the first time on Wednesday, highlighting growing investor caution as the companys early post-listing momentum continues to fade. The stock dropped...
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