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USD/MXN rises toward minor Fib resistance by 15.2200

May 11, 2015 14:18 pm UTC| Technicals

USD/MXN remains firm, probes minor Fib resistance by 15.2220 Daily cloud base support by 15.1095, move < eyes 14.7575 Apr 15 lows Above the 23.6% Fib at 15.2220, the 50-DMA at 15.2458 attracts US yields elevated as...

EUR/PLN bull market is losing steam

May 11, 2015 13:44 pm UTC| Technicals

EUR/PLN bid market and 4.0410 long in play but recent highs to stall gains The last two sessions price action suggests the bull market is losing steam Note the consecutive Doji action...

AUD/USD holds above 0.7850/60 support

May 11, 2015 13:40 pm UTC| Technicals

AUD/USD threatens 200-HMA hourly resistance near 0.7915 Numerous inputs aid pairs bounce away from key 0.7850/60 support Choppy AUD/USD action likely persists until US data later in week Apr retail sales Wed, if weak...

USD/CLP edges lower, China stimulus weighs on USD

May 11, 2015 13:01 pm UTC| Technicals

USD/CLP slips slightly lower, CLP shrugs off China rate cuts Support by 603.60 todays low, 602.03 lower 21-h Bolli Break below lower 21-h Bolli eyes 592.30 Nov 21 14 low Resistance at 605.62 daily pivot, 608.96...

EUR/JPY undoing overbought Apr-May short squeeze; 133.65 pivotal

May 11, 2015 12:50 pm UTC| Technicals

EUR/JPY undoing overbought Apr-May short squeeze now: 133.65 the on-close pivot point EUR sales as forex hedge on foreign buying of EUR assets is resuming, slowly Sub 133.65 (23.6% of Apr-May rise) close targets 38.2% at...

USD/MXN holds cloud base support by 15.1095, Banxico offers at 15.3695

May 11, 2015 12:25 pm UTC| Technicals

USD/MXN opens NorAm a touch firmer, UST yields rise across the curve Slow stoch near oversold, cloud base/lower 21-d Bolli initial support by 15.11 A move below the cloud base opens the way for April lows by...

NZD/USD now sub-daily cloud, bears taking control of kiwi

May 11, 2015 12:15 pm UTC| Technicals

NZD/USD bears in control as RSIs are biased down with room to run Gap open ~55-DMA repelled, now sub-daily cloud, bear engulfing candle forms Good stops sub-0.7370 0.7350, will attract if no sustained bounce...

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Economy

U.S. Futures Slip as Iran Ceasefire Uncertainty and CPI Data Weigh on Markets

U.S. stock index futures edged slightly lower Thursday evening as investors exercised caution ahead of high-stakes ceasefire negotiations between Washington and Tehran, while bracing for a closely watched inflation report....

Trump Slams Iran Over Strait of Hormuz Oil Restrictions Amid Fragile Ceasefire

President Donald Trump publicly criticized Iran on Thursday over its handling of oil shipments through the Strait of Hormuz, escalating tensions just days after a tentative ceasefire agreement between Washington and...

Oil Prices Rise Amid Strait of Hormuz Tensions and U.S.-Iran Talks

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Gold Prices Rise on Weaker Dollar and Ceasefire Hopes

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China's Inflation Data Misses Forecasts as Consumer Prices Slow in March

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Politics

Netanyahu Seeks Lebanon Peace Talks Amid Ceasefire Fragility and Strait of Hormuz Crisis

Israeli Prime Minister Benjamin Netanyahu has announced plans to initiate direct peace negotiations with Beirut, just one day after devastating Israeli airstrikes killed over 300 people in Lebanon strikes that have now...

Trump Warns Iran Over Strait of Hormuz Toll Fees Amid Fragile Ceasefire

President Donald Trump issued a stern warning to Iran on Thursday, demanding that the country stop charging fees to tankers navigating the Strait of Hormuz. The warning came amid a delicate ceasefire following weeks of...

RFK Jr. Expands CDC Vaccine Advisory Panel's Scope Amid Legal Battles

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Epstein Files: Key Figures Named in DOJ Document Release

The U.S. Justice Departments release of millions of internal documents linked to Jeffrey Epstein has exposed connections between the late financier and numerous high-profile individuals across politics, finance, and...

DOJ Launches Antitrust Investigation Into the NFL Over Broadcast Restrictions

The U.S. Department of Justice has opened an investigation into the National Football League over potential anticompetitive practices that may be harming consumers, according to a source familiar with the matter. The probe...

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

Anthropic's Mythos AI Model Sparks Emergency Cybersecurity Meeting With Top U.S. Bank CEOs

U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent closed-door meeting with the chief executives of Americas largest banks this week, warning them about serious cybersecurity...

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...
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