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USD/IDR well bid, but no rush as positive stocks cap

Apr 07, 2015 03:19 am UTC| Technicals

Pair underpinned by spike in NDFs, higher dollars overnight USD/IDR opens at 12965-975, traded 12975-990 range so far NDFs higher to 13075-13105, JKSE +0.33%, bonds supp, BI MPCnext wk Most exp BI to stay...

AUD/USD and AUD/NZD moving higher as shorts pare back ahead of RBA decision

Apr 07, 2015 02:42 am UTC| Technicals

Market pricing in 70% chance of RBA 25 BP cut down from 77% chance earlier AUD/NZD is up around 0.45% while the AUD/USD is up around 0.40% Resistance for AUD/USD is found at 10-day MA at 0.7670 AUD/USD...

GBP/USD turned away after early look at 1.5000

Apr 06, 2015 17:31 pm UTC| Technicals

Cable price has developed both technical and psychological importance GBP/USD turned away after early look at 1.5000 Dollar bulls dig in heels; 1.1050 EUR/USD also successfully defended US policy divergence narrows; may...

Rising treasury yields undermine EUR/USD run at Mar 1.1052 peak

Apr 06, 2015 17:13 pm UTC| Technicals

Source: Thomson Reuters Treasury yields rise curve steepens, undermining EUR/USD run at late Mar 1.1052 peak US stocks rallying on delayed Fed rate hike hopes, decent ISM Services Liquidity and volumes tight as...

USD/MXN crashed through 55-DMA, stalled on cloud support

Apr 06, 2015 16:59 pm UTC| Technicals

Source: Thomson Reuters USD/MXN crashed through 55-DMA Friday, hits lows at 14.7730 Tested cloud support again at 14.7663, stalled on cloud support (Todays low 14.7575) but again the cloud base repelled the...

EUR/JPY retakes down TrendLine of late Feb-Mar highs & the Kijun at 130.76

Apr 06, 2015 14:14 pm UTC| Technicals

Source: Thomson Reuters EUR/JPY prices have retaken the down TrendLine of late Feb-Mar highs the Kijun at 130.76 Pair has breached Kijun first time since early Mar Oversold buy signals from weekly...

EUR/USD bullish start, above weekly Tenkan at 1.0953

Apr 06, 2015 13:07 pm UTC| Technicals

Source: Thomson Reuters EUR/USD price so far above weekly Tenkan at 1.0953 after huge US NFP miss Fri Bullish start, hefty shorts, weekly close above 23.6% of Oct-Mar slide at 1.1031 would target 1.1385 Wide,...

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Economy

Asia FX Weekly Gains Hold Amid U.S. Inflation Data and Iran Ceasefire Uncertainty

Most Asian currencies slipped slightly on Friday but remained on track to close the week in positive territory, as traders adopted a cautious stance ahead of the U.S. March Consumer Price Index (CPI) release and monitored...

U.S. Inflation Surges in March as Iran War and Tariffs Drive Prices Higher

Marchs Consumer Price Index is expected to post its sharpest monthly increase in nearly four years, driven by skyrocketing oil prices tied to the U.S.-Iran conflict and the ongoing ripple effects of import tariffs. The...

Asian Stocks Rally on Ceasefire Hopes and Bargain Buying

Asian equity markets climbed higher on Friday, driven by cautious optimism surrounding ceasefire negotiations between Iran and the United States. Regional benchmarks were also on track to close out the week with strong...

White House Warns Staff Over Insider Trading Amid Suspicious Oil Market Bets

The White House issued an internal warning to staff on March 24, cautioning employees against exploiting their government positions to gain an unfair advantage in financial futures markets. The directive came just one day...

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....

Politics

Global Elections 2026: What Investors and Markets Are Watching

Political uncertainty is sweeping the globe in 2026, with a series of high-stakes elections poised to reshape economic policies and rattle financial markets. From Eastern Europe to South America, investors are keeping a...

Xi Jinping and KMT's Cheng Li-wun Meet in Beijing Amid Cross-Strait Tensions

Chinese President Xi Jinping met with Kuomintang (KMT) Chairwoman Cheng Li-wun in Beijing on Friday, emphasizing that people on both sides of the Taiwan Strait share a common Chinese identity and that the future of...

Pilots Fear Retaliation for Refusing Middle East Flights Amid Ongoing Conflict

Airline pilots expressing safety concerns about flying through Middle Eastern airspace are reportedly facing threats of lost wages or termination if they decline assignments, according to Ron Hay, president of the...

Iran Denies Negotiating Team Traveled to Pakistan for U.S. Talks Amid Ceasefire Uncertainty

Iran has firmly rejected reports suggesting that a diplomatic delegation traveled to Islamabad to engage in negotiations with the United States, calling the claims entirely false. The denial was issued through state-linked...

U.S.-Iran Ceasefire Under Pressure Ahead of Pakistan Peace Talks

A fragile two-week ceasefire between the United States and Iran is showing serious cracks just one day before scheduled peace negotiations in Pakistan. Washington has accused Tehran of violating commitments related to 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

TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...

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...
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